2016 Pacific Avenue, Long Beach, CA 90815
Listing Presented By
Provenio Realty and Investment
Commercial Sale - Long Beach, CA
Prime Retail / Office Building in the Wrigley Area of Long Beach. This building is perfect for an Investor or a Owner User. It is also a great property for a 1031 Exchange or a SBA loan with 10% Down. It has a lot of upside potential due to the constant changes in the area. The property originally had 3 suites but two suite have been converted into one larger suite (but can easily be converted back). The big suite has been used as a Mexican Bakery for over 20 years. The Bakery has left and the space is now vacant. The other suite has been used by an office/retail user for a very long time and is currently on a month to month lease. We can put together a new longer term lease if requested. Rent for the smaller space is $1,950 a month. Free Standing Retail/ Office Building on Major Retail Corridor in Long Beach -- One parcel off the main intersection (near 20th and Pacific) and just minutes away from the 405/710 Freeway. The property also has a private gated parking lot in the back. The property has been priced for an IMMEDIATE SALE -- THE LOW PRICE WAS JUST ADDED DROPPING THE PRICE $100,000 TO FIND A BUYER RIGHT AWAY. At this price, the property will go fast. It is the best priced building in the area.
Built In: 1946
Last Updated: August 23, 2016
Posted: July 1, 2016