2299 Pacific Avenue, Long Beach, CA 90806

$400,000 Approx. USD 0 beds, 0 baths
5,865 sqft

Agent Remarks

AUCTION MAY 16 - 18, 2016 - NOW ACCEPTING BIDS. Download due diligence package by registering for auction. Visit property website for more information. The subject is a 5,865 SF freestanding vacant retail building in Long Beach, CA. The improvements were constructed in 1974 on 0.53 acres. Previously, this asset has been utilized as a bank branch location. Recently, it has been used as a discount retail store. This would be also be a great location for a restaurant with drive-thru. The property is well located on the corner of Pacific and 23rd, with 212' of frontage along Pacific Avenue, which boasts traffic counts approaching 17,000 vehicles per day. The property is surrounded by many major retailers and is minutes away from Memorial Care Hospital, Downtown Long Beach, and the Long Beach Airport. The subject has easy access to all major highways and freeways. The center is well parked (4.7/1 parking ratio) and boasts a potential for a drive though, with an existing awning and directional lanes.

Listing Details

Property type: RET (Commercial)
Status: Pending
MLS# PW16074814
List price is $400,000
Beds: 0
Baths: 0
Built in 1974
5,865 sqft
0.53 acres
Lot size: 23103.000
County: Los Angeles
MLS area: 6 - Bixby, Bixby Knolls, Los Cerritos

Last Updated: 7/8/2016

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This listing belongs to the 6 - Bixby, Bixby Knolls, Los Cerritos MLS area

Lat/Long: 33.798561, -118.194054.
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Broker: Courtesy of Ashwill Associates
Listing Agent: Gary Martinez

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