980 Atlantic Ave - Medical FOR SALE


Long Beach, CA 90813- Downtown Long Beach
$4,750,000 USD
562-205-0902
980 Atlantic Ave, Long Beach, CA for Sale
$4,750,000 USD
Medical - FOR SALE
1/45
null | Request Cap Rate

980 Atlantic Ave
Long Beach, CA 90813
Downtown Long Beach


HIGHLIGHTS

  • Located in Long Beach’s healthcare corridor near Dignity Health St. Mary Medical Center.
  • 50% leased medical office building offering income and user potential.
  • Ample secure parking with 46 spaces plus adjacent 18-space lot.
  • Zoning allows adaptive use for retail or multifamily per city guidelines.
  • Building features include 24-hour access, conference rooms, and monument signage.
  • Excellent visibility along Atlantic Avenue with proximity to public transit and major freeways.

OVERVIEW

980 Atlantic Avenue offers investors or owner-users an opportunity to acquire a modern ±11,325 SF medical office building in the heart of Long Beach’s healthcare corridor. Positioned on a ±0.48-acre lot, this property provides excellent visibility along Atlantic Avenue and is within walking distance to Dignity Health St. Mary Medical Center. Currently 50% leased, the building presents immediate income coupled with the potential for occupancy or further stabilization. This three-story, Class B building features secure gated parking with 46 spaces, including 37 covered spots and an additional 18-space surface lot. Zoned PD-30, the property allows for continued medical office use and offers flexibility for retail or multifamily conversion per local guidelines. Interior amenities include 24-hour access, wheelchair accessibility, monument signage, reception areas, and conference facilities, all designed to support a professional medical environment. The location benefits from convenient access to major transportation routes and strong surrounding demographics, making it an attractive Long Beach investment asset.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$419 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

PD-30

APN/PARCEL ID

7274-013-007,7274-015-046

ASK ABOUT THIS PROPERTY

David ParkDAUM Commercial Real Estate ServicesMore Info
562-205-0902

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David ParkDAUM Commercial Real Estate ServicesMore Info
562-205-0902

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