2300 S Pacific Ave Long Beach, CA 90806
Property Features for 2300 S Pacific Ave
General Information
- Size
- 7,830 SF
Building Details
- Year built
- 1947
Source:
Svn
Listing Agent: Michael Chang
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Long Beach Storefront Retail Property
This two-story, 7,830 SF freestanding property is located on an 11,536 SF corner lot. Originally built in 1947 as a traditional storefront retail property, it is currently utilized as an office building. The property features a private parking lot and is located in the historic district of Long Beach, known as Wrigley Village, on Pacific Avenue. It offers immediate access to Downtown Long Beach, Pacific Coast Highway, and the 710/405 freeway. The building is located on a corner to corner lot with over 17,500 vehicles per day on Pacific Avenue. The current structure consists of several private offices, 3 conference rooms, 4 bathrooms, a break room, a storage area, and an open common area on the first floor. The property has 10+ parking spaces with egress and ingress. It is an ideal space for a medical office, event space, adult/child daycare, or restaurant. The property is SBA financing eligible. Nearby businesses include medical offices, restaurants/bars, coffee shops, grocery stores, senior adult daycares, and banquet halls.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
ADC Energy Inc
Electronics Company
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.1933632
- Latitude
- 33.7991626
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Two-story, 7,830 SF building in Long Beach's Wrigley Village.
Where is this office building located?
The property is located at 2300 S Pacific Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: - Potential for 9%+ CAP rate with $2/SF NNN leases and $200k in tenant improvements.; - Freestanding 7,830 SF building on a large 11,536 SF corner lot with a private parking lot.; - Strategically located in the historic Wrigley Village of Long Beach with high traffic (17,500+ VPD) and easy access to the 710/405 freeways and Pacific Coast Highway.