980 Atlantic Ave - Medical FOR SALE


Long Beach, CA 90813- Downtown Long Beach
$5,000,000 USD
424-279-2900
980 Atlantic Ave, Long Beach, CA for Sale
$5,000,000 USD
Medical - FOR SALE
1/45
null | Request Cap Rate

980 Atlantic Ave
Long Beach, CA 90813
Downtown Long Beach


HIGHLIGHTS

  • Property is zoned PD-30 Commercial Mixed-Use Building for Sale

OVERVIEW

This property is zoned PD-30 " Commercial Mixed-Use " for medical office use. According to Long Beach City Hall, it can be converted into retail or multifamily. The third floor, designed for medical operations, doctors' facilities, and offices, offers 5,100 sq. ft.and is available for lease at $3 per sq. ft. Additionally, the sale includes 20 extra parking spaces located less than a block away, bringing the total parking capacity to 57 spaces. The second floor is currently 45% occupied by an acupuncture medical office. Please verify zoning and property details with the city.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$440 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

PD-30

APN/PARCEL ID

7274-013-007,7274-015-046

ASK ABOUT THIS PROPERTY

Alicia ShenSync Brokerage, Inc.More Info
424-279-2900

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Alicia ShenSync Brokerage, Inc.More Info
424-279-2900

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