351-355 Pacific Ave
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351-355 Pacific Ave
2,992 SF 100% Leased Retail Building Long Beach, CA 90802 $1,899,000 ($635/SF)
Executive Summary
DOWNTOWN LONG BEACH CORNER LOT RETAIL BUILDING FOR SALE!
351 – 355 Pacific Avenue Long Beach, CA 90802
2 Commercial Retail Corner Units
APN- 7280-015-001 Building is 2,992 SF Total Lot Size is 7,502
Corner of Pacific Ave. & 4th Street, Long Beach, CA
Asking Price - $1,899,000.00 Zoning – LBPD30 Year Built – 1917
Tenants are both on Month-To-Mont Leases, Please Do Not Disturb Tenants.
351 – 355 Pacific Avenue is located on the signalized corner of Pacific Avenue and 4th Street, adjacent to the 4th Street Metro Station in the heart of Downtown Long Beach!
The property is zoned LBPD30, which is the densest zoning designations in Downtown Long Beach.
The Downtown Long Beach Business District provides one of the city’s most revered attractions, The Queen Mary, as well as tourist-driven destinations including The Aquarium of the Pacific, Shoreline Village, Rainbow Harbor Waterfront and The Pike, making up the Long Beach Convention and Entertainment Center.
Other local popular retail spots include Belmont Shore’s 2nd Street, 4th Street Retro Row and the East Village Arts District.
Downtown Long Beach is undergoing a major urban revitalization with private and public investment creating significant growth with over $3.5 billion in new investment including over 1,700 residential units recently completed or under construction and an additional 2,300 residential units approved for construction or in the review process.
Call 562-301-7293 For More Information!
351 – 355 Pacific Avenue Long Beach, CA 90802
2 Commercial Retail Corner Units
APN- 7280-015-001 Building is 2,992 SF Total Lot Size is 7,502
Corner of Pacific Ave. & 4th Street, Long Beach, CA
Asking Price - $1,899,000.00 Zoning – LBPD30 Year Built – 1917
Tenants are both on Month-To-Mont Leases, Please Do Not Disturb Tenants.
351 – 355 Pacific Avenue is located on the signalized corner of Pacific Avenue and 4th Street, adjacent to the 4th Street Metro Station in the heart of Downtown Long Beach!
The property is zoned LBPD30, which is the densest zoning designations in Downtown Long Beach.
The Downtown Long Beach Business District provides one of the city’s most revered attractions, The Queen Mary, as well as tourist-driven destinations including The Aquarium of the Pacific, Shoreline Village, Rainbow Harbor Waterfront and The Pike, making up the Long Beach Convention and Entertainment Center.
Other local popular retail spots include Belmont Shore’s 2nd Street, 4th Street Retro Row and the East Village Arts District.
Downtown Long Beach is undergoing a major urban revitalization with private and public investment creating significant growth with over $3.5 billion in new investment including over 1,700 residential units recently completed or under construction and an additional 2,300 residential units approved for construction or in the review process.
Call 562-301-7293 For More Information!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,992 SF
Building Class
C
Year Built
1917
Price
$1,899,000
Price Per SF
$635
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.17 AC
Zoning
LBPD30 - The property is zoned LBPD30, which is the densest zoning designations in Downtown Long Beach.
Parking
14 Spaces (4.68 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Commuter Rail
- Corner Lot
- Metro/Subway
- Restaurant
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Very Bikeable (87)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 7280-015-001 | Improvements Assessment | $26,696 |
| Land Assessment | $188,433 | Total Assessment | $215,129 |
PROPERTY TAXES
Parcel Number
7280-015-001
Land Assessment
$188,433
Improvements Assessment
$26,696
Total Assessment
$215,129
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351-355 Pacific Ave
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