750 Long Beach Blvd - Storefront FOR SALE


Long Beach, CA 90813
$2,300,000 USD
310-906-3282
750 Long Beach Blvd, Long Beach, CA for Sale
$2,300,000 USD
Storefront - FOR SALE
1/34
null | Request Cap Rate

750 Long Beach Blvd
Long Beach, CA 90813


HIGHLIGHTS

  • Situated along the Metro Blue Line.
  • Vacant 9,100 SF storefront retail former Pharmacy 10 location.
  • Excellent owner/user, investment, or development project.
  • Located in Downtown Long Beach PD30 Zone allowing high density multifamily development.

OVERVIEW

The subject property is a vacant 9,100 SF building constructed in 1923 and renovated in 2005. The property is zoned PD30 and situated on a 9,093 SF lot. Located in the Downtown Long Beach zone adjacent to the Metro Blue Line, an area that offers numerous incentives for redevelopment. The property fronts on Long Beach Blvd and there is alley access in the back with no on-site parking. 750 Long Beach Blvd presents an attractive investment opportunity, given the ongoing development and revitalization efforts in the downtown Long Beach area. The city’s commitment to infrastructure improvements, along with numerous planned residential and commercial projects, underscores the potential for significant appreciation in property values. Investors and developers will benefit from the property’s prime location, strong economic fundamentals, and the supportive business environment fostered by local government initiatives.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

LBPD30

APN/PARCEL ID

7273-020-004

ASK ABOUT THIS PROPERTY

Tyler GriffithKidder MathewsMore Info
310-906-3282

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Tyler GriffithKidder MathewsMore Info
310-906-3282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.