Property summary
This exceptional 2,620-square-foot retail space, situated on a 2,700-square-foot lot in Long Beach, California, presents a unique investment opportunity. Located on Atlantic Avenue, just north of the Pacific Coast Highway, this single-tenant property benefits from high visibility and significant foot traffic. Previously operating as a market, the building boasts two large walk-in refrigeration units, a versatile open layout ideal for various retail uses, a convenient office space at the front, and a restroom at the rear. The zoning designation is RMU4. The property is situated in Los Angeles County and offers easy access to a diverse mix of surrounding businesses, including retail, office, residential, and service establishments. This freestanding building provides ample space and excellent potential for a variety of retail ventures. The property is available for both lease and sale, making it an attractive option for both investors and business owners seeking a well-located, established retail space. Its strategic location and existing infrastructure make it a ready-to-occupy space with significant upside potential. The property's size and layout offer flexibility for customization to suit specific business needs.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Food Market
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LBPD25 · Long Beach, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for LBPD25 in Long Beach, CA.
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Find the owner behind the property.
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