2225 Pacific Ave Long Beach, CA 90806
4,920 SF commercial building in the Wrigley Village retail corridor.
Lot size:
0.15 AcresProperty Features for 2225 Pacific Ave
General Information
- Lot size
- 0.15 Acres
Building Details
- Year built
- 1952
Source:
Elliman
Listing Agent: Yumi Kim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Wrigley Village Commercial Building
This 4,920 square foot commercial building is located in the Wrigley Village retail corridor and features 112 feet of frontage along Pacific Avenue. The property is divided into 3 suites and was originally 4 suites. It has flexible zoning, including the MJ Hemp overlay. The building includes 6 gated rear parking spaces with alley access. The property has been under the same ownership for over 20 years. Current tenants are long-term and on month-to-month leases, paying below market rents. The property is situated near Signal Hill, Wrigley Heights, and Downtown Long Beach, with easy access to the 405 and 710 freeways. It offers potential for retail, office, or specialty use and is eligible for SBA financing with 10% down. It is ideal for an investor or owner-user looking to occupy and lease the rest and perfect for a 1031 exchange. This property offers a chance to reposition a well-located asset in a steadily evolving commercial corridor.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.1940544
- Latitude
- 33.7976962
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - 4,920 SF commercial building in the Wrigley Village retail corridor.
Where is this retail space located?
The property is located at 2225 Pacific Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: - Prime location in the heart of the Wrigley Village retail corridor with 112 feet of frontage on Pacific Avenue.; - Flexible zoning, including MJ Hemp overlay, allowing for various retail, office, or specialty uses.; - Value-add opportunity through re-leasing or rent adjustments with current tenants paying below-market rents.