Long Beach, CA 90802,129 W 5th ST
Long Beach, CA 90802,129 W 5th ST
Long Beach, CA 90802,129 W 5th ST
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$ 3,195,000
Est. payment | /mo

5,296 Sqft Lot


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$ 3,195,000
Est. payment | /mo
Save

5,296 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24426045

HOA Y/N No

Year Built 1942

Lot Size 5,296 Sqft

Property Description

This +10,000 SF two-story commercial space with a large 5,000 SF basement (not included in the square footage) is located in the heart of downtown Long Beach. The property is situated just a few parcels away from Pacific Ave that has the Metro A- Line Station and is a major North / South artery through the City. It is also walking distance to all the retail on Pine Avenue and 1.2 miles to the Aquarium of the Pacific. The building was the first home of Licorice Pizza, founded in 1969, and has been meticulously maintained and updated. The space is currently being used as an event center and Coworking space: www.thegpc.space The building was originally constructed in 1942 and on a 5,295 sq. ft. lot. On the first floor there is lobby entrance that leads to a front desk and three large rooms. There are also three restrooms towards the rear of the building and a music room. On the 2nd Floor there is a large open kitchen, private sitting area, three restrooms, meditation room, and open office space with three private, window lined rooms. This turnkey piece of real estate offers an owner/user the opportunity to move into an incredible location in Downtown Long Beach that offers easy access to public transportation, retail amenities, and much more.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBPD30

Interior

Fireplace No

Building

Story 2

Others

Tax ID 7280004007

Acceptable Financing Lease Option

Listing Terms Lease Option

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by David Kaufman • David Ballin Kaufman

GET MORE INFORMATION

Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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129 W 5th ST