Active

129 W 5th Street

Long Beach CA, 90802

$3,195,000


$319.50 per sqft

Active

10,000 sqft

Commercial

Built in 1942

Listed by David Kaufman with David Ballin Kaufman 818-464-3212

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.

24426045

MLS ID

August 12, 2024

Listed

September 13, 2024

Updated

Map

129 W 5th Street
Long Beach CA, 90802

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.12 Acres

Other Property Details

Area Name

4 - Downtown Area, Alamitos Beach


Days on Market

1


Garage

No


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

LBPD30

Listing Contact: 310-877-8600 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/13/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/13/2024 at 3:14 PM UTC

 

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