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6184 Atlantic Ave 2,500 SF 100% Leased Retail Building Long Beach, CA 90805 $750,000 ($300/SF)



INVESTMENT HIGHLIGHTS
- Fully Vacant
- Heavy Car and Foot Traffic
- Mixed Use Zoning
- Potential Future Expansion
EXECUTIVE SUMMARY
HUGE PRICE REDUCTION! Acquire this prime asset for just $750,000. An exceptional investment awaits in the heart of North Long Beach! This 2,500 square foot retail building, situated on a substantial 10,936 square foot lot, presents a unique opportunity for both immediate income generation and future expansion. ALL THREE RETAIL UNITS ARE VACANT, offering a blank canvas for new businesses or a single anchor tenant to establish a strong presence on high-traffic thoroughfare, Atlantic Avenue. This rare vacancy allows for complete customization and strategic tenant selection from day one. The generous size of the lot, which includes undeveloped land, provides significant potential for future expansion, adding more units for increased revenue streams, or creating value-added parking spaces to enhance tenant and customer convenience. Explore the potential available under the mixed-use zoning with a strong initiative for new housing development. This is a chance to acquire a versatile asset with immediate upside and long-term growth potential in a dynamic Long Beach neighborhood. Buyers are encouraged to conduct their own due diligence to explore the full scope of possibilities with MU1 zoning.
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PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,500 SF
Building Class
C
Year Built
1954
Price
$750,000
Price Per SF
$300
Percent Leased
100%
Building Height
1 Story
Building FAR
0.23
Lot Size
0.25 AC
Zoning
MU-1 - Mixed Use
Parking
4 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
52’ on Atlantic Ave
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7124-001-022 | Improvements Assessment | $239,292 |
| Land Assessment | $436,968 | Total Assessment | $676,260 |
PROPERTY TAXES
Parcel Number
7124-001-022
Land Assessment
$436,968
Improvements Assessment
$239,292
Total Assessment
$676,260
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6184 Atlantic Ave
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