Long Beach Retail for Sale - Long Beach: Suburban
Mixed-use income property featuring a coin laundry commercial tenant and residential rental income. The commercial tenant currently pays $6,500 per month under an NNN lease structure, generating $78,000 annually. The residential unit generates an additional $2,500 per month, or $30,000 annually. Total scheduled gross income is $108,000 per year, with estimated NOI of approximately $97,500 to $100,500 depending on residential expense assumptions.
This property offers stable mixed-use income with a strong commercial NNN component and additional residential income. Buyer to verify all leases, expenses, permits, zoning, square footage, and property information.This is a strong owner-operated laundromat generating approximately $376K in annual laundry revenue, with all equipment fully paid off and a stable neighborhood customer base. Prime Mixed-Use Commercial Property Near Downtown Long Beach. This two-story building offers approximately 4,812 SF on a 7,578 SF lot and features a unique live/work or income-producing configuration. The lower level consists of commercial retail space, and the upper level includes a 3-bedroom 1 bath residential unit suitable for owner occupancy or rental income. Recent improvements include a new roof installed in April 2024. The property is located in a high-visibility corridor with convenient access to Downtown Long Beach and major transportation routes. This offering is for the real estate only at $2,000,000. The operating business located on the premises is also available for purchase separately. Seller prefers to sell both the business and real estate together. Total price for building and business combined is $2,850,000. Ideal opportunity for: • Owner-user (SBA potential, buyer to verify eligibility) • Investor seeking mixed-use income property • Live/work operator Buyer to verify zoning, use, square footage, and all information independently. Business sale information call or email me.