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Commercial Property — 322 E Market Street, Long Beach, CA

$1,599,000

322 E Market Street, Long Beach, CA

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About this property

Rare opportunity to acquire two separate mixed-use properties featuring a blend of commercial and residential income-producing units. Property One includes a commercial building currently operating as a real estate office, a detached 2-bedroom house in the rear, and a dedicated side parking lot. Property Two features a commercial storefront currently occupied by a flower shop, a 1-bedroom, 1-bath house, and a brand-new, fully permitted 2-bedroom, 2-bath ADU. Together, the properties offer five well-maintained income-producing units in excellent condition, presenting an outstanding opportunity for investors or owner-users seeking strong cash flow and long-term upside. Conveniently located in North Long Beach, the property offers easy access to the Bixby Knolls shopping and dining district, major freeways, Long Beach Airport, the Port of Long Beach, and Downtown Long Beach. A rare opportunity to own a versatile mixed-use asset in a centrally located, high-demand area.

Property details

Square feet
4,768
Year built
1946
Property type
CommercialSale

Location

322 E Market Street • Long Beach, CA 90805

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Listed by

Manuel Fierros · Ontrak Real Estate