2545 E Broadway

Long Beach, CA 90803

About this property

We are offering the opportunity to acquire The Broadway Retail and Apartments, a 10 unit mixed use building located in the Bluff Park area of Long Beach, CA. The property offers (3) commercial storefront units, (2) 1 bedroom units, and (5) two bedroom units, producing excellent income. Community amenities include on-site laundry as well as a spacious central courtyard for tenants to enjoy. The buildings have been very well maintained showing clear pride of ownership. There is untapped potential for additional income and ADU's with the property footprint containing ample storage and garage parking in the rear. The Broadway Retail and Apartments provides an investor the opportunity to acquire an income producing asset in a prime location in Long Beach. Opportunity to own a premium corner lot in a great Bluff Park location of Long Beach. This mixed-use property has retail units on Broadway, a main corridor, along with apartments on top of the retail and behind. The property also has a rear courtyard and garages, providing advantages that many similarly located properties do not have. Property Address also commonly referred to as 221-235 Wisconsin Ave.

About this property

We are offering the opportunity to acquire The Broadway Retail and Apartments, a 10 unit mixed use building located in the Bluff Park area of Long Beach, CA. The property offers (3) commercial storefront units, (2) 1 bedroom units, and (5) two bedroom units, producing excellent income. Community amenities include on-site laundry as well as a spacious central courtyard for tenants to enjoy. The buildings have been very well maintained showing clear pride of ownership. There is untapped potential for additional income and ADU's with the property footprint containing ample storage and garage parking in the rear. The Broadway Retail and Apartments provides an investor the opportunity to acquire an income producing asset in a prime location in Long Beach. Opportunity to own a premium corner lot in a great Bluff Park location of Long Beach. This mixed-use property has retail units on Broadway, a main corridor, along with apartments on top of the retail and behind. The property also has a rear courtyard and garages, providing advantages that many similarly located properties do not have. Property Address also commonly referred to as 221-235 Wisconsin Ave.

Features and Additional Information

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$3,200,000 Active
10,401 SQFT

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Skyline Commercial Real Estate 949-688-6530
1-949-688-6530
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Area Information

2 Belmont Heights | Alamitos Heights | Los Angeles County | Belmont Heights (BH)

$ 3,200,000
This listing is play_arrow 141.5% higher than the average in the area
$ 1,325,000 in the area
10,401 SqFt
This listing is play_arrow 409.9% larger than the average in the area
2,040 SqFt in the area
$ 308 $/SqFt
This listing is play_arrow 52.6% less than the average in the area
$ 650 $/SqFt in the area
97 days on site
This listing is play_arrow 17.8% below the average in the area
118 days on site in the area

Schools in the Area

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Listed By Christopher Pettit
Brokerage: Skyline Commercial Real Estate 949-688-6530

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