Property Description

Rare Commercial Property for sale in Long Beach! Commercial property consist of donut shop, coin laundry, and restaurant. Donut shop – 950 sqft, has a 5 year lease and pays $2850 a month for rent. Coin Laundry – 2200 sqft, pays $4500 for rent and must be purchased with the property. Restaurant – 950 sqft – on a month to month lease, and pays $3000 for rent. Annual gross is $124,200. Annual expense is $32,182. Annual net is $92,000. 3.3% cap rate. Conveniently located on the corner of Wardlow Rd and Pacific Place. Ample parking. Minutes away from 405 and 710 freeway.

Additional Information
KELLER WILLIAMS SIGNATURE RLTY
0
WS81037
20744
CHRISTINE
7204006049
: Standard

Commercial Sale For Sale

3401 Pacific Place, Long Beach, California 90806

4,100 Sqft
$2,750,000
Listing ID #WS22183454
Basic Details
Status : Active
DaysOnMarket : 0
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : WS22183454
Price : $2,750,000
Living Area : 4,100 Sqft
Year Built : 1987
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90806
Price Per Square Foot : $671
ModificationTimestamp : 2022-08-19 22:21:39
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