129 W 5th ST, Long Beach, CA 90802
129 W 5th ST, Long Beach, CA 90802
129 W 5th ST, Long Beach, CA 90802
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,895,000
Est. payment /mo
5,296 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26100826

HOA Y/N No

Year Built 1942

Lot Size 5,296 Sqft

Property Sub-Type Retail

Property Description

Owner may carry a new First Trust Deed with 35% down. For sale is a large classic mid-century, two-story commercial storefront building located near Pine Avenue, just west of the East Village Arts District, and approximately one mile from the Long Beach waterfront and Shoreline Village.
Downtown Long Beach and the adjacent East Village Arts District are in the midst of major revitalization, with billions of dollars in planned and ongoing redevelopment. Long Beach is also set to be a major LA28 Olympic host city, with 11 Olympic sports/events across seven venues, including 161 ticketed events and 35 finals.
The property is currently vacant and offers approximately 10,000 square feet of building space, plus an additional 5,000 square foot basement. The interior is already built out with lobby areas, multiple rooms, a kitchen, and restrooms, making it a strong opportunity for an owner-user or investor seeking a substantial Downtown Long Beach commercial property.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBPD30

Interior

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Building

Lot Description Rectangular Lot, Street Level

Story 2

Water Public

Others

Tax ID 7280004007

Special Listing Condition Standard

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Listed by Michael Robinson Broadmoor Realty, Inc. 562 857-9000, DRE #00597913

NEARBY SCHOOL & BUSINESS

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