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129-131 W 5th St
10,000 SF Vacant Retail Building Long Beach, CA 90802 $3,195,000 ($320/SF)
Investment Highlights
- 10,000 SF two-story commercial space with a large BONUS 5,000 SF basement
- Excellent Downtown Long Beach Locaton
- Private Restrooms and Kitchen
- Office and Retail
Executive Summary
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
For Sale or Lease. This +10,000 SF two-story commercial space with a large 5,000 SF basement (not included in the square footage) is located in the heart of downtown Long Beach. The property is situated just a few parcels away from Pacific Ave that has the Metro A- Line Station and is a major North / South artery through the City. It is also walking distance to all the retail on Pine Avenue and 1.2 miles to the Aquarium of the Pacific. The building was the first home of Licorice Pizza, founded in 1969, and has been meticulously maintained and updated. The space is currently being used as an event center and Coworking space: www.thegpc.space The building was originally constructed in 1942 and on a 5,295 sq. ft. lot. On the first floor there is lobby entrance that leads to a front desk and three large rooms. There are also three restrooms towards the rear of the building and a music room. On the 2nd Floor there is a large open kitchen, private sitting area, three restrooms, meditation room, and open office space with three private, window lined rooms. This turnkey piece of real estate offers an owner/user the opportunity to move into an incredible location in Downtown Long Beach that offers easy access to public transportation, retail amenities, and much more.
Space | Size | Space Use | Position | Available |
1st Floor | 10,000 SF | Office/Retail | - | Now |
1st Floor
Size |
10,000 SF |
Space Use |
Office/Retail |
Position |
- |
Available |
Now |
1st Floor
Size | 10,000 SF |
Space Use | Office/Retail |
Position | - |
Available | Now |
For Sale or Lease. This +10,000 SF two-story commercial space with a large 5,000 SF basement (not included in the square footage) is located in the heart of downtown Long Beach. The property is situated just a few parcels away from Pacific Ave that has the Metro A- Line Station and is a major North / South artery through the City. It is also walking distance to all the retail on Pine Avenue and 1.2 miles to the Aquarium of the Pacific. The building was the first home of Licorice Pizza, founded in 1969, and has been meticulously maintained and updated. The space is currently being used as an event center and Coworking space: www.thegpc.space The building was originally constructed in 1942 and on a 5,295 sq. ft. lot. On the first floor there is lobby entrance that leads to a front desk and three large rooms. There are also three restrooms towards the rear of the building and a music room. On the 2nd Floor there is a large open kitchen, private sitting area, three restrooms, meditation room, and open office space with three private, window lined rooms. This turnkey piece of real estate offers an owner/user the opportunity to move into an incredible location in Downtown Long Beach that offers easy access to public transportation, retail amenities, and much more.
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 7280-004-007 | Improvements Assessment | $21,121 |
Land Assessment | $98,997 | Total Assessment | $120,118 |
PROPERTY TAXES
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129-131 W 5th St
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