There have, in fact, been a few feature length Godzilla features made over the years, but the problem is that most are unavailable to watch here in the U.S. The most famous is a production from the 1980's called "Legendary Beast Wolfman vs Godzilla", an independently produced film that pits the 1962 Godzilla against a gigantic lycanthrope. The film is actually still being completed, and is over 30 years in the making. It is scheduled to debut at G-FEST 2016, with director Shizuo Nakajima in attendence.
More info here: In Search of Monsters
Other films of the like exist in Japan, including "Godzilla vs Seadora" and "Godzilla vs Death Gilas", but are currently impossible to watch.
As for productions made here in the U.S., there are a few, and thee are much easier to watch. Currently a team of professional filmmakers, who happen to be Godzilla fans, re attempting to create a feature length film called Godzilla: Heritage. Google it, and get ready to have your jaw hit the floor... And be sure o back their upcoming Kickstarter to get the film made!
As for films you can watch right now, check the incredible Godzilla: Battle Royale (watch it here), and the shorter but amazingly awesome Godzilla X The Kaiju Killer (watch it here).
Hope this helps! Let me know if you want to know anything else about these and more productions!