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129 West 5th Street, Long Beach, CA 90802

MR
CA 00597913
BROADMOOR REALTY
Listed by BROADMOOR REALTY
$1,895,000
1 day on market
Updated 1 day ago

Downtown Classic Commercial Office Building

Details
Property Type Office, Industrial
Sub Type Traditional Office
Square Footage 10,000
Net Rentable (SqFt) 10,000
Tenancy Vacant
Year Built 1942
Ground Lease No

Owner may carry First Trust Deed with 35% down

Marketing description

For sale is a large classic mid-century, two-story commercial storefront building located near Pine Avenue, just west of the East Village Arts District, and approximately one mile from the Long Beach waterfront and Shoreline Village. Downtown Long Beach and the adjacent East Village Arts District are in the midst of major revitalization, with billions of dollars in planned and ongoing redevelopment. Long Beach is also set to be a major LA28 Olympic host city, with 11 Olympic sports/events across seven venues, including 161 ticketed events and 35 finals. The property is currently vacant and offers approximately 10,000 square feet of building space, plus an additional 5,000 square foot basement. The interior is already built out with lobby areas, multiple rooms, a kitchen, and restrooms, making it a strong opportunity for an owner-user or investor seeking a substantial Downtown Long Beach commercial property.

Listing Contacts

MR
CA 00597913
BROADMOOR REALTY
Listed by BROADMOOR REALTY

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Additional Information

Name
Michael Robinson
License
00597913
Brokerage Phone
5628579000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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