555 E 3rd St - Storefront Retail/Residential FOR SALE


Long Beach, CA 90802- Downtown Long Beach
$1,199,000 USD
858-337-7289
555 E 3rd St, Long Beach, CA for Sale
$1,199,000 USD
Storefront Retail/Residential - FOR SALE
1/19
null | Request Cap Rate

555 E 3rd St
Long Beach, CA 90802
Downtown Long Beach


HIGHLIGHTS

  • Take advantage of this two-unit commercial property at the heart of Downtown Long Beach, offered move-in ready for an end-user or leasing investor.
  • This strategic location sits just minutes from the Long Beach Convention Center, The Aquarium, Shoreline Village, and the Pike Outlets.
  • Commuting to the property is simple and easy thanks to its convenient access to I-410 and Highway 1 and its on-site gated parking for four vehicles.
  • A value-add investor can also seek to lease the space and capture growing rental rates, with 5-year average annual rent growth of 4.3%.

OVERVIEW

Take advantage of this rare opportunity to own a two-unit, 1,926-square-foot commercial property in the heart of Downtown Long Beach at 555 E 3rd Street. Sitting on a 3,894-square-foot lot, this versatile space is ideal for business owners, investors, and entrepreneurs seeking a strategic location in this bustling market. 555 E 3rd Street comprises a versatile commercial property that presents a functional option for office, retail, creative space, or boutique businesses. The building is currently vacant, presenting a move-in ready solution that can be customized to meet the needs of a growing business. There is also strong potential for investors to lease the property and capture growing rental rates in the submarket, with annual average asking rent growth of 4.3% over the past five years. Located just minutes from the Long Beach Convention Center, Aquarium of the Pacific, Shoreline Village, and The Pike Outlets, 555 E 3rd Street offers exceptional visibility and accessibility. The property sits within walking distance of top-rated restaurants, shopping, and entertainment amenities in a well-connected, high-traffic area that delivers strong brand exposure for tenants. The location also ensures simplified commutes for employees, with convenient access to the 710 Freeway and Highway 1 and gated on-site parking for four vehicles. Opportunities like this are limited—Contact the listing agent to schedule a tour today!

FOR SALE DETAILS

PRICE

$1,199,000 USD

PRICE/SF

$623 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

LBPD30

APN/PARCEL ID

7281-011-026

ASK ABOUT THIS PROPERTY

Jimmy SyamphoneHomesmart Realty WestMore Info
858-337-7289

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Jimmy SyamphoneHomesmart Realty WestMore Info
858-337-7289

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.