Excellent owner-user or investment opportunity to acquire a well-located retail building situated along one of North Long Beach's primary north-south commercial corridors, Long Beach Boulevard. Positioned just minutes from the established Bixby Knolls commercial district, this two-unit retail property benefits from strong neighborhood demographics, consistent vehicle and pedestrian traffic, and proximity to surrounding residential density that supports steady customer flow throughout the day.
One of the two units is occupied by a long-standing liquor store that has operated continuously at this location for over 20 years, making it a recognized and trusted neighborhood fixture within the local trade area. This deep-rooted tenancy reflects the strength and stability of the site's retail location and provides a dependable, low-maintenance income stream for an investor.
The property offers a rare combination of in-place cash flow under a triple net (NNN) lease structure, minimal landlord responsibilities, and a below-replacement-cost basis in a tightening North Long Beach retail submarket. Surrounding uses include a healthy mix of national and local retailers, service businesses, and multifamily residential, all contributing to the corridor's consistent foot traffic and visibility.
Ideal for a 1031 exchange buyer, passive investor seeking stabilized NNN income, or an owner-user looking to occupy one unit while collecting rental income from the other.