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Listed by BING T WU • LOU EDWARDS FINANCIAL INC.
$ 840,000
Est. payment /mo
Active Under Contract
5440 Long Beach Boulevard Long Beach, CA 90805
UPDATED:
08/26/2024 06:40 AM
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID WS-19035258
Year Built 1928
Tax Year 2016
Property Description
Incredible opportunity to purchase this two unit commercial retail unit located near the popular adjacent areas of Bixiby Knolls and Lakewood. Located in the northern part of Long Beach, the subject property has excellent visibility off the bustling intersection of Long Beach Blvd. The building currently consists of two long term retail units, a Beauty Salon and Liquor Store. The Beauty Salon is approximately 720 sqft and the Liquor Store is approximately 3840 sqft. These two units combined come to the VERY large total of 4560 SQFT!!! Building comes with 3 total parking spaces and ample street parking. Tenants currently pay rents below market value; however, the property shows an amazing potential for future development. Don't miss this excellent chance to invest in this VERY large two unit commercial property located in the developing area of North Long Beach. BUYER TO VERIFY ALL INFORMATION IN THIS LISTING. CALL NOW!
Location
State CA
County Los Angeles
Zoning Retail
Interior
Heating Forced Air
Laundry None
Building
Lot Description Near Public Transit
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944