741 Atlantic Ave
Long Beach, CA 90813
Office Property For Sale

The property Located at 741-743 Atlantic Avenue is on the west side of Atlantic Avenue just north of 7th Street. This two story building is improved with approximately 5,476 SF and the total lot size is approximately 7,500 SF with dimensions of 50 x 150. Built in 1967 the property is commercial office and has had many uses, but its most continued uses have been medical and office space. The property provides an excellent investment for an owner/user and SBA financing is available for a qualified Buyer that will use at least 51 percent of the property for its own business. Property will be vacant and the close of escrow. The downtown area is experiencing major interest from retailers and a development evolution bringing over 600 residential units to the area at all price levels. The immediate surrounding area caters to office and retail businesses .St Mary’s Hospital is 3 blocks north of the property and other neighboring uses include professional offices, medical, banking, and restaurants. The property is located in the Downtown Plan area (PD-30) which allows for flexible zoning and streamlined permitting services. New retailers such as H&M, Restoration Hardware, Starbucks, and Forever 21 have taken occupancy in the area over the past 3 years improving commercial property values and offering many choices to visitors and residents.