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1050-1052 Atlantic Ave 3 089 pi² 36% Loué Commerce de détail Immeuble Long Beach, CA 90813 1 653 576 $ CAD (535,31 $ CAD/pi²) 6,45% Taux de capitalisation

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Faits saillants de l'investissement

Rare two-unit Long Beach commercial asset with income, vacant-space flexibility, and future mixed-use redevelopment potential
Unit 1052 is a former medical office with capped sinks and office-style rooms, offering flexibility for medical, wellness, nonprofit, or office use
Seller plans by Environ show a potential 3-story, 4-unit mixed-use affordable project, subject to City approval and buyer verification

Unit 1050 is leased to Atlantic Plaza Pharmacy, while Unit 1052 offers ±1,989 SF for lease-up, owner-user use, or repositioning
Vacant unit may suit an owner-user benefiting from pharmacy income; buyer to verify SBA eligibility, occupancy, and lender requirements
6,098 SF lot with long-term mixed-use or affordable redevelopment potential, subject to zoning, parking, affordability, and City approvals

Résumé de l'annonce

1050–1052 Atlantic Ave presents a flexible Long Beach commercial investment opportunity with existing income, owner-user potential, and long-term redevelopment optionality. The property consists of one single-story building totaling approximately 3,089 SF on approximately 6,098 SF of land, with two commercial units, 8 parking spaces, and a flat site configuration.
Unit 1050 is currently leased to Atlantic Plaza Pharmacy, providing in-place income, while Unit 1052 is vacant and offers approximately 1,989 SF of flexible space for lease-up, owner-user occupancy, or repositioning. Unit 1052 was previously used as a medical office with exam rooms and sink locations, which have since been capped and converted into office-style rooms. The property also includes a seller-reported rear studio-style flex area with a bathroom, included within the total building square footage, which may provide additional flexibility subject to buyer verification.
The property is zoned LBCO and sits on a flat parcel with wood-frame construction and a maintained roof. Ownership has also explored preliminary mixed-use affordable housing redevelopment concepts for the site, creating a potential opportunity for a buyer to evaluate continued commercial use, owner-user occupancy, income stabilization, or future development, subject to City of Long Beach approvals and buyer due diligence.