Commercial Land for Sale in Long Beach, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Long Beach, CA 90813

Description

Marcus & Millichap is pleased to present an approximately 9,017 square-feet of land area with a 5,882 square-foot building, originally built as a church in 1921 and used as a variety of uses including a meeting hall and creative work environment. The property is currently zoned as LBCHW (church use), while being located in the Commercial Automobile Oriented District (CCA). The Seller is seeking preliminary site plan approval from the City of Long Beach for a 100% Affordable Housing Multi-Housing Project. The planned project would include 28 units in a 33,521 square foot 5-Story wood framed structure including 21 parking spaces. Conceptual plans and specifications are available upon request. Seller can provide copies of the City of Long Beach’s Development Services letter detailing comments from their Pre-Application Review. Buyers shall be responsible for their own due diligence regarding the redevelopment potential of the subject property. The nearby Port of Long Beach acts as a major gateway for the United States and Asian trade, occupying 3,520 acres of land with 25 miles of waterfront in the City of Long Beach, including 10 piers and 80 berths. Each year, the Port handles more than 9 million 20-foot container units (TEUs) containing cargo valued at $200 billion. The property is also located a few miles west of the Downtown Long Beach which includes the City Hall, the Long Beach Convention Center, Entertainment and Performing Arts Center, Rainbow Harbor, Shoreline Village, Aquarium of the Pacific, The Queen Mary and Carnival Cruise Port, as well as a burgeoning urban residential population. Investment Highlights: • Great Opportunity for Owner/User Creative Office/Live-Work/Retail/Warehouse/Services Related Use • Potential for Affordable Multi-Family Housing Redevelopment • Easy access to Interstate (710) and (110) Freeways

Market Context

This land in Long Beach, CA is listed for sale. It has been on the market for 53 days. Compare it against other land listings for sale in Long Beach, CA — <a href="/search/sale/land/california/long-beach">view the full market</a>.

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