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Investment Highlights
- Ideal purchase opportunity with as little as 10% down payment
- Ideal owner-user opportunity for retail, medical, service, or professional users in North Long Beach
- 92 location score - Avg HHI - $104,845 - 225,124 population (3 mi radius)
- Reduce taxes using accelerated depreciation
- Strategic Long Beach Commercial Corridor Location
- 23,649 ACPD
Executive Summary
5582 Atlantic Ave presents an opportunity for an owner-user to acquire a commercial property in the North Long Beach market with as little at 10% down payment. Located on Atlantic Avenue, one of the area's established commercial corridors, the property offers visibility, accessibility, and convenient access to surrounding residential neighborhoods and local businesses.
The property consists of approximately 2,900 square feet of commercial improvements situated on approximately 0.10 acres and is positioned within a vibrant community-serving retail environment. Its size and configuration may accommodate a variety of commercial operations, making it an attractive option for business owners looking to transition from leasing to ownership.
This offering may be particularly appealing to retailers, medical and dental practices, insurance agencies, financial service providers, educational operators, wellness businesses, specialty service providers, and professional office users seeking a strategic Long Beach location.
By owning rather than leasing, a buyer can establish a long-term business presence, build equity through real estate ownership, and gain greater control over future occupancy costs. The property's location within a densely populated trade area further supports customer accessibility and long-term business growth potential.
Ideal Owner-Users:
Medical & Dental Practices
Insurance Agencies
Financial Service Providers
Professional Offices
Educational & Tutoring Centers
Wellness & Beauty Operators
Specialty Retail Businesses
Cell Phone & Technology Retailers
Community Service Providers
Showroom & Service-Based Businesses
The property consists of approximately 2,900 square feet of commercial improvements situated on approximately 0.10 acres and is positioned within a vibrant community-serving retail environment. Its size and configuration may accommodate a variety of commercial operations, making it an attractive option for business owners looking to transition from leasing to ownership.
This offering may be particularly appealing to retailers, medical and dental practices, insurance agencies, financial service providers, educational operators, wellness businesses, specialty service providers, and professional office users seeking a strategic Long Beach location.
By owning rather than leasing, a buyer can establish a long-term business presence, build equity through real estate ownership, and gain greater control over future occupancy costs. The property's location within a densely populated trade area further supports customer accessibility and long-term business growth potential.
Ideal Owner-Users:
Medical & Dental Practices
Insurance Agencies
Financial Service Providers
Professional Offices
Educational & Tutoring Centers
Wellness & Beauty Operators
Specialty Retail Businesses
Cell Phone & Technology Retailers
Community Service Providers
Showroom & Service-Based Businesses
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,900 SF
Building Class
C
Year Built
1926
Tenancy
Single
Building Height
1 Story
Building FAR
0.67
Lot Size
0.10 AC
Zoning
LBCCA - Long Beach Community Commercial Area
Parking
4 Spaces (1.38 Spaces per 1,000 SF Leased)
Frontage
39’ on Atlantic Ave
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 7127-009-004 | Improvements Assessment | $42,043 CAD |
| Land Assessment | $42,387 CAD | Total Assessment | $84,430 CAD |
Property Taxes
Parcel Number
7127-009-004
Land Assessment
$42,387 CAD
Improvements Assessment
$42,043 CAD
Total Assessment
$84,430 CAD
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5582 Atlantic Ave
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