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About This Home
This 0-bedroom, 0-bathroom commercial at 129 W 5th Street in Long Beach, CA is listed for $1,895,000 ($190 per sqft). Built in 1942, the home offers 10,000 sqft of living space on a N/A lot.
Owner may carry a new First Trust Deed with 35% down. For sale is a large classic mid-century, two-story commercial storefront building located near Pine Avenue, just west of the East Village Arts District, and approximately one mile from the Long Beach waterfront and Shoreline Village.
Downtown Long Beach and the adjacent East Village Arts District are in the midst of major revitalization, with billions of dollars in planned and ongoing redevelopment. Long Beach is also set to be a major LA28 Olympic host city, with 11 Olympic sports/events across seven venues, including 161 ticketed events and 35 finals.
The property is currently vacant and offers approximately 10,000 square feet of building space, plus an additional 5,000 square foot basement. The interior is already built out with lobby areas, multiple rooms, a kitchen, and restrooms, making it a strong opportunity for an owner-user or investor seeking a substantial Downtown Long Beach commercial property.
Key Features
- Built in 1942
Property Details
Monthly Cost Estimate
$10,135/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
129 W 5th Street
Long Beach, CA 90802
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 129 W 5th Street is listed at $1,895,000 ($190/sqft). The estimated monthly payment is $8,212 based on 20% down at 6.5% interest.
Key features include: Built in 1942.
This property is listed by Michael Robinson and can be reached at 5628579000 or msr411@gmail.com.
