143
  • Property Type
  • Commercial Sale
  • Area Size
  • 1952
  • Year Built
2225 Pacific Avenue, Long Beach, CA 90806
  • $1,099,000
  • $223

Description

Welcome to your next investment opportunity! 2225-2231 Pacific is a prime retail, office building in the Wrigley Village retail corridor offering 112 feet of frontage on walkable Pacific Avenue. Boasting a large rentable space of 4,920 square feet, your options are endless with a variety of allowed uses. The property has been in the same ownership for over 20 years. The space is currently built out with 3 suites and 6 parking spaces in a gated entry at the rear. This building is perfect for an Investor or an Owner User, a 1031 Exchange, or a SBA loan with 10% Down. Tons of upside potential here with steady changes in the area. You can benefit from tremendous value-add as all tenants are on month to month tenancy paying below market rents. The property originally had 4 suites but two suites have been converted into one larger suite (but can easily be converted back). Neighboring areas are Signal Hill, Wrigley Heights, and Downtown Long Beach. The property is also located in the MJ Hemp zone which allow tons of business opportunity and situated conveniently near the 405 and 710 freeways. Please check with the City of Long Beach for all zoning and usage.

  • Address: 2225 Pacific Avenue
  • City: Long Beach
  • State/county: CA
  • Zip/Postal Code: 90806
  • Area: 5 - Wrigley Area
  • Country: United States

Details

Updated on May 15, 2024 at 10:46 pm
  • Property ID SGR-25605475
  • Price $1,099,000
  • Land Area 6602.00 m²
  • Year Built 1952
  • Property Type Commercial Sale
  • Property Status For Sale
  • Living Area 4920.00
  • MLS# AR24040590
  • Office Name REAL BROKERAGE TECHNOLOGIES, INC
  • Agent Name Ray Kim
  • MLS Status Active
  • Living Area Prefix Sqft
  • Co-Office Name Real Brokerage Technologies, Inc
  • Co-Agent Name Yumi Kim
  • Agent State License 01803155
  • Co-Agent State License 01987116

Additional details

  • Cooling Central Air
  • Heating Central
  • County Los Angeles
  • Property SubType Office
  • Water Source Public

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Sankofa Global Realty
  • Sankofa Global Realty

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