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- LoopNet Team
5321 Long Beach Blvd
Long Beach, CA 90805
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Corner Lot
- Restaurant
- Tenant Controlled HVAC
ABOUT 5321 LONG BEACH BLVD , LONG BEACH, CA 90805
The property at 5321 Long Beach Blvd represents a major value add opportunity through repositioning this 3,500 square foot retail property. Currently, the property is used as storage for the Mexican restaurant next door. Zoned Multi-tenant, this property could be configured to house between 1-3 tenants. There is an onsite parking lot for 8-10 vehicles. Additionally, an agreement with the adjacent restaurant could be structured for use of a portion of their parking lot. The possibilities with the property are nearly endless. The property is located on one of Long Beach's busiest thoroughfares registering over 21,000+ per day using a 2017 survey. It is also located within minutes of the 710 and 91 freeways. With the right improvements, a Single national credit tenant such as a paint or auto parts could be attracted to the property. Alternatively, a more local tenant or group of 2-3 tenants could also be accommodated.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $795,905 | |
| Land Assessment | $1,379,570 | Total Assessment | $2,175,475 |
PROPERTY TAXES
