1941 Atlantic Avenue

  • Long Beach

  • $670,000
  • Acres

Commercial Sale Details

Description & Essential
CIVAR Realty Advisors is proud to announce the exclusive offering of 1941 Atlantic Ave located in Long Beach, CA. The site offers a positive and secured return to investors looking for a great retail free standing building offering a 5.5% cap rate. El Ranchito Market has been leasing the site for more then 10 years. They have been the community market sense then .With a positive out come on the rental return, the location offers tremendous value as it is adjacent to the Aquarium of the Pacific, The Queen Mary, California State University Long Beach, Marina Pacifica, Seal Beach, and many more local entertainment. Per Zoning ordinance the site could be used as a Cannabis Facility, Dispensary, Cultivation Facility, Distribution Facility, Manufacturing Facility, and Testing Laboratory Facility. Current use is a Deli meat market with no alcohol or lottery licenses.
MLS #CV18190052
Office SqFt0
Price Per SqFt$255.73
CountyLos Angeles
Area9 - Poly High
Sale TypeStandard
Number Of Units1
Number Of Buildings1
Building StatusExisting
Land UseOther,Retail
Listing BrokerageCIVAR Realty Advisors
Listing Agent BRE #01957895


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Based on information from California Regional Multiple Listing Service, Inc. as of Monday, October 1, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.