1517 Pacific Ave N $198,000

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    1517 Pacific Ave N Long Beach, WA 98631

    • 0.24 Acres
    • Commercial/Industrial
    • Listing# 1550462
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    Views: 9 Days On Market: 95

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    Property Details

    Large ADA compliant retail or office space. North Long Beach. High visibility on busy Pacific Avenue. Zoned Residential Commercial and the possibilities are endless. Keep it as 1 large space, split the building into 2 units or add a living space to help pay the bills. Lots of parking with easy access on 3 sides. Open reception area, conference room, 7 offices, 2 bathrooms, kitchen and server room. Currently leased showing a positive cash flow.

    • General Features
      • County Pacific
      • Approx Building SqFt 1,824
      • Approx Office SqFt 1,824
      • Approx Whse/Mfg SqFt 0
      • Zoning Class Commercial
      • Lot Dimensions 128 X 83
      • Selling Office Commission 3
      • Style 60-Comm Bldg Und 10K
      • Total Covered Parking 0
      • Total Uncovered Parking 10
      • Zoning Jurisdiction City
    • Building Features
      • Exterior Wood, Wood Products
      • Foundation Poured Concrete
      • Roof Composition
      • Floor Covering Vinyl, Wall-to-Wall Carpet
      • Features Signage Included
      • Ceiling Height 8
    • Property Features
      • Depth of Lot 83
      • Site Frontage 128
      • Expansion Area Y
      • Environment Survey N
      • Water-Sewer-Garbage 2816
      • Sewer Sewer Connected
      • Sewer Company City of Long Beach
      • Energy Source Electric
      • Power Company PUD #2
      • Number of Available Pads 0
      • Lot Square Footage 10,454
    • Financials
      • Free and Clear N
      • Vacancy Rate 0
      • Total SqFt Rented 1,824
      • Total Monthly Rent $1,475
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0
      • Gross Scheduled Income $17,700
      • Gross Adjusted Income $0
      • Total Expenses $0
      • NOI $0
      • Electrical Expenses $2,400
      • Tax Expense $2,532
      • Heating Expense $0
      • Insurance Expense $1,440
      • Other Expenses $0
      • Tax Year 2019
      • Annual Assoc. Dues $0

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    Neighborhood

    98631 (Long Beach) Demographics

    51 Median Age
    231 Population Density (per sq. mile)
    29% College Educated
    $40,250 Estimated Median Income
    1,200 Estimated Total Home Owners
    525 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    3,595 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $279,500 Median Sales Price
    6 Homes Sold
    17 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $198,000
        1/21/2020 4:34:19 PM Price Reduced Source New Value: $198,000 -15.74%
        12/30/2019 9:32:00 AM New in Database Source New Value: $235,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2020. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.