Property Listing No Longer Available for Sale

2325 East Anaheim Street, Long Beach, CA

Retail for Sale - $1,200,000 - 4,053 Sq. Ft. on 0.28 acres


Property Info

CIMLS#913316
Location
  2325 East Anaheim Street
  Long Beach CA 90804
UpdatedApril 29th, 2017
TypeRetail
Price$1,200,000
Building4,053 Sq. Ft.
Land0.28 acres

Property Description

NAI is pleased to present an opportunity to acquire a high traffic freestanding building in the heart of Long Beach. This 4,053 square foot building sits on 12,116 square feet of land and provides 22 onsite parking spaces. This property also enjoys exposure to over 35,000 cars a day on Anaheim St. and is zoned Long Beach CCP, which allows for a wide range of commercial uses.

Location Description:

Long Beach is a desirable destination for both residents and visitors to live, work, and play. This is largely in part due to the accessibility of housing, high-employment businesses and an upgraded mass transit system. Current long Beach market trends data indicates an increase of +4.2% in the median asking price per square feet for Retail Commercial properties compared to the prior 3 months. Healthcare and professional services industries continue to have significant job gains, which is contributing to demand for office space in L.A. County. There is a high demand to purchase retail properties in Long Beach, but not much inventory available. Positive economic fundamentals should support more leasing and sales activity in the local retail market. Long Beach is home to the second-busiest port in the US, the Queen Mary, Aquarium of the Pacific, several museums and theaters, Long Beach Airport, an award-winning school district and creation programs, miles of beaches and bike paths, five golf courses, five hospitals and two historic ranchos. Long Beach offers the amenities of a large metropolitan city while maintaing a sense of culture and community.

Highlights:

>> 2 prime main street locations on East Anaheim St. & Junipero Ave.

>> Great visibility and store front exposure

>> Close proximity to the major bus line

>> Possible owner-user financing through SBA with 10% down or conventional banks with 20% down


Financials


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