5575 Atlantic Ave - Freestanding FOR SALE


Long Beach, CA 90805- Bixby Knolls
$2,400,000 USD
818-266-6424
5575 Atlantic Ave, Long Beach, CA for Sale
$2,400,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

5575 Atlantic Ave
Long Beach, CA 90805
Bixby Knolls


OVERVIEW

MOTIVATED SELLER – PRICE REDUCED FOR QUICK SALE Now offered at $2,400,000 — $500,000 below appraised value of $2,900,000 Zoned for Medical Office/Clinic – Perfect for conversion Currently operating as a Mexican market, this versatile property is zoned for Medical Office and/or Medical Clinic use, offering a unique opportunity for investors or owner-users looking to repurpose the space. Financing Available – As little as 10% down Up to $1,000,000 in additional funding is available for property improvements Option to purchase with the business or vacant at the close of escrow Don’t miss this rare opportunity to acquire a high-potential asset at a below-market price.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Supermarket, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,838 SF

ZONING

CCA

APN/PARCEL ID

7127-008-016

ASK ABOUT THIS PROPERTY

Michael KamaliPARS PROPERTIESMore Info
818-266-6424

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

Michael KamaliPARS PROPERTIESMore Info
818-266-6424

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