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1941 Atlantic Ave
Long Beach, CA 90806
Retail Property For Sale
Property Facts
Amenities
- Corner Lot
- Signage
About 1941 ATLANTIC AVE , LONG BEACH, CA 90806
CIVAR Realty Advisors is proud to announce the exclusive offering of 1941 Atlantic Ave located in Long Beach, CA. The site offers a positive and secured return to investors looking for a great retail free standing building offering a 5.5% cap rate. El Ranchito Market has been leasing the site for more then 10 years. They have been the community market sense then .With a positive out come on the rental return, the location offers tremendous value as it is adjacent to the Aquarium of the Pacific, The Queen Mary, California State University Long Beach, Marina Pacifica, Seal Beach, and many more local entertainment. Per Zoning ordinance the site could be used as a Cannabis Facility, Dispensary, Cultivation Facility, Distribution Facility, Manufacturing Facility, and Testing Laboratory Facility. Current use is a Deli meat market with no alcohol or lottery licenses.
Property Taxes
| Parcel Number | 7209-004-028 | Improvements Assessment | $300,639 |
| Land Assessment | $144,851 | Total Assessment | $445,490 |
Property Taxes
