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$1,795,000

FOR SALEActive

129 W 5th Street

Long Beach CA 90802

10,000

SF

Retail

Type

1942

Built

$180/SF

Cost/SF

181 days on marketNalren refreshed

Listing Agent

Michael Robinson

Listing Agent

DRE #: 00597913

(562) 857-9000

Brokerage: Broadmoor Realty, Inc.

Location Analysis

MapProperty Location

About This Property

For sale is a large classic mid-century, two-story commercial storefront building located near Pine Avenue, just west of the East Village Arts District, and approximately one mile from the Long Beach waterfront and Shoreline Village. Downtown Long Beach and the adjacent East Village Arts District are in the midst of major revitalization, with billions of dollars in planned and ongoing redevelopment. Long Beach is also set to be a major LA28 Olympic host city, with 11 Olympic sports/events across seven venues, including 161 ticketed events and 35 finals. The property is currently vacant and offers approximately 10,000 square feet of building space, plus an additional 5,000 square foot basement. The interior is already built out with lobby areas, multiple rooms, a kitchen, and restrooms, making it a strong opportunity for an owner-user or investor seeking a substantial Downtown Long Beach commercial property.

Property Information

Property Overview

Commercial - Retail

Property Type

Active

Status

LBPD30

Zoning

0.1216 acres

Lot Size

10,000 SF

Square Footage

$179.50/SF

Price per SF

1,942

Year Built

2

Stories

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

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