Log In/Sign Up
Your email has been sent.
5575 Atlantic Ave 7,725 SF Retail Building Long Beach, CA 90805 $3,350,208 CAD ($433.68 CAD/SF) 6.28% Cap Rate
EXECUTIVE SUMMARY
MOTIVATED SELLER – PRICE REDUCED FOR QUICK SALE OR LEASE
Now offered at $2,400,000 — $500,000 below appraised value of $2,900,000
Zoned for Medical Office/Clinic – Perfect for conversion
The subject property was 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 financing available for property improvements
Seller will entertain offers for Lease or Lease with Options to Purchase
Don’t miss this rare opportunity to acquire a high-potential asset at a below-market price.
Now offered at $2,400,000 — $500,000 below appraised value of $2,900,000
Zoned for Medical Office/Clinic – Perfect for conversion
The subject property was 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 financing available for property improvements
Seller will entertain offers for Lease or Lease with Options to Purchase
Don’t miss this rare opportunity to acquire a high-potential asset at a below-market price.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,725 SF
Building Class
C
Year Built/Renovated
1946/2020
Price
$3,350,208 CAD
Price Per SF
$433.68 CAD
Cap Rate
6.28%
NOI
$210,240 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.87
Lot Size
0.20 AC
Zoning
CCA - High-visibility Redevelopment Area in a Dense Residential and Commercial Area
Zoned for Medical Office and/or Medical Clinic
Parking
23 Spaces (2.98 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signalized Intersection
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7127-008-016 | Improvements Assessment | $575,241 CAD |
| Land Assessment | $666,067 CAD | Total Assessment | $1,241,308 CAD |
PROPERTY TAXES
Parcel Number
7127-008-016
Land Assessment
$666,067 CAD
Improvements Assessment
$575,241 CAD
Total Assessment
$1,241,308 CAD
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
PARS PROPERTIES
5575 Atlantic Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.