This bank-owned auction is for the former 38-room Columbia Hotel. The property is located near the downtown area and represents a fantastic rehab or redevelopment opportunity. The hotel was thoroughly renovated in 2010, resulting in the current 38 rooms, one of which was utilized as the manager's apartment. Some of the motel rooms each contain beds, and TV's*. There are also two outdoor courtyard areas and a lobby for use by guests. The building consists of a total of 11,772 SF and sits on a .55-acre parcel. The property is zoned General Commercial (GC), which allows for a wide variety of commercial uses as well as lodging options should the new owner wish to redevelop or re-position the asset. Prior to operating as a hotel, the building was used as a care/rehabilitation facility, which is an option for future use contingent upon approvals from the City. The property is located on the east side of 11th Avenue just south of Broadway Street. Its location places it within the central business district of the downtown area of Longview, WA. Located in Cowlitz County, Longview is one of the major commercial and population centers in the county. It is located approximately 145 miles south of Seattle and only 50 miles north of Portland, allowing easy access to the major metropolitan areas. *The seller and seller's representatives make no representation as to the amount or condition of the equipment and should be verified by the buyer prior to bidding.MINIMUM BID ONLY: $350,000 - Bid deadline is March 14th 2013 at 5pm PDT.For more property information, auction details and to register to bid, visit www.FRE.com/152D5.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
