$2,999,999
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5531 Cherry Avenue Long Beach, CA 90805
Industrial
Residence
Beds
Baths
8,544
Sq. Ft.
0.43
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Welcome to an exceptional investment opportunity presented by LCC Invest Group – 5519/5531 Cherry
Ave, nestled in the heart of Long Beach. This unique offering comprises two parcels, boasting a substantial 8,544 sq ft building
on an expansive 18,602 sq ft lot. What truly sets this property apart i...s the thriving auto business it houses, complete with
active contracts with the City of Long Beach. The automotive facility is equipped to meet the demands of the industry,
featuring 2 heavy-duty outdoor lifts, 11 indoor lifts, 16 bays, a paint booth with a vent system, an alignment machine, a
custom exhaust pipe bender, diagnostics machinery, and auto air conditioner repair equipment. Security and convenience are
paramount on this gated property, which can comfortably accommodate around 40 vehicles. With its impressive features and
prime location, this property is primed for a new owner-operator to take the reins. The real estate portion of this offering is
valued at $3,500,000, while the thriving business is priced at $1,500,000. Don't miss out on this remarkable investment
opportunity in Long Beach.
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MLS#
DW24195774
Property Type
Industrial
Status
Year Built
1950
Square Feet
8,544
sq. ft
Lot Size
0.43
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