129 W 5Th Street

Long Beach, CA 90802

$3,195,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1942

calendar_month Built

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.

Listing Information

List Price $3,195,000
Status Active
MLS 24426045
HOA $0
Type Commercial
Year Built 1942
Lot Size 5,297
Structure Size N/A
DOM 85
Courtesy Of David Ballin Kaufman
Listing Agent David Kaufman DRE#01217537

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: David Kaufman, David Ballin Kaufman 818-464-3212. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 5th, 2024 at 8:50 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.