1957 Pacific Ave Long Beach, CA 90806

This 11,396-square-foot mixed-use building in Long Beach, CA, presents a unique investment opportunity. Located at 1957 Pacific Avenue, this vacant property boasts retail zoning, industrial/warehouse components, and significant cannabis-related approvals. Previously a police station and cannabis dispensary, the building offers versatile potential for various uses, including cultivation, manufacturing, and distribution of non-retail cannabis products. The sale includes grandfathered zoning for these non-retail cannabis uses, with approved applications already in place. The new owner will need to submit plans for any build-out. The property features 800 amps of power, 15 on-site parking spaces, and second-floor office space. Situated on a 0.37-acre lot with alley access, the property benefits from excellent street parking and high traffic volume (17,500 cars per day). The surrounding 3-mile demographic area boasts a population of 255,971 with an average household income of $84,390. The asking price is $4,850,000 ($425.59/sq ft). APN: 7209-023-028. This property is for sale by owner.