980 Atlantic Ave
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980 Atlantic Ave
11,352 SF 45% Leased Office Building Long Beach, CA 90813 $5,000,000 ($440/SF)
Investment Highlights
- Can be turned retail and multifamily according to Long Beach City Hall
Executive Summary
This is zoned PD-30 Commerical mixed use medical building. Can be turned retail and multifamily according to Long Beach City Hall.The 3rd floor can be leased as an option for $3/ sqft 5100 sqft structured for medical offices. Please verify zoning and property details with the city. Additionally, there are 18 additional parking spaces included in the sale, located less than a block away from the building. The total parking capacity for the building is 57 spaces.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
11,352 SF
Building Class
C
Year Built
1986
Price
$5,000,000
Price Per SF
$440
Percent Leased
45%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,784 SF
Building FAR
0.54
Land Acres
0.48 AC
Zoning
PD-30 - This is zoned PD-30 Commerical mixed use medical building. Can be turned retail and multifamily according to Long Beach City Hall. Contact for details
Parking
47 Spaces (4.14 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Conferencing Facility
- Fenced Lot
- Kitchen
- Reception
- Central Heating
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 5,100 SF | Office/Medical | Full Build-Out | 30 Days |
2nd Floor
| Size |
| 5,100 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
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2nd Floor
| Size | 5,100 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | 30 Days |
Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,836,000 | |
| Land Assessment | $2,009,400 | Total Assessment | $3,845,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,009,400
Improvements Assessment
$1,836,000
Total Assessment
$3,845,400
-
Alicia Shen -
Sync Brokerage, Inc.
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980 Atlantic Ave
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