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2805 E South St 3,502 SF Industrial Building Long Beach, CA 90805 $2,499,000 ($713.59/SF)

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INVESTMENT HIGHLIGHTS

  • Nearby new developments
  • Next to the 91 FWY

EXECUTIVE SUMMARY

Large banquet facility ready to be repurposed, or renovated for any similar uses. Huge lot. Over Half an Acre! Large building as well nearly 3000 Square Feet! Of course any buyer will need to check with the city and all relevant agencies to insure suitability for intended purposes, but almost endless possibilities. May be a permissable Cannabis zone. Again, checking with the city is highly recommended.
Access from frontage on busy E South Street and egress through the back side of the property via E Hullett St on the other side. Great for any drive thru necessities. Full commercial kitchen. Building is ready for it's next life. Building was formerly used for a congressionally chartered fraternal organization, but anything is possible now. Year built is estimated.

PROPERTY FACTS

Price $2,499,000
Price Per SF $713.59
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • High Vacancy Property
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.50 AC
Rentable Building Area 3,502 SF
No. Stories 1
Year Built 1947
Tenancy Single
Parking Ratio 10/1,000 SF
Zoning NI-1, AI-2 - New Industrial, Commercial. Allowed to do manufacturing and community center/senior center.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Lakewood Memorial Post 8615
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Lakewood Memorial Post 8615 - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 3,502 SF
  • Retail
  • -
  • Now
Space Size Space Use Condition Available
1st Floor 3,502 SF Retail - Now

1st Floor

Size
3,502 SF
Space Use
Retail
Condition
-
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7121-010-037
Land Assessment
$742,845
Improvements Assessment
$318,362
Total Assessment
$1,061,207
  • Listing ID: 34993834

  • Date on Market: 3/2/2025

  • Last Updated:

  • Address: 2805 E South St, Long Beach, CA 90805

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