Long Beach, California, is an attractive location for investors seeking to diversify their portfolio with Commercial Real Estate for sale. The city's strong economy, driven by its busy port and diverse industries, makes it an ideal place to invest in Commercial Real Estate. These properties can represent a range of investments, from office buildings and retail spaces to warehouses and restaurants. With its strategic location and excellent infrastructure, Long Beach offers a unique combination of amenities, including the Port of Long Beach, California State University, Long Beach, and the Aquarium of the Pacific. The city's geography, with its south-facing coastline, also provides a desirable climate and scenic views. Additionally, Long Beach is home to several major corporations, including Boeing, Mercedes-Benz, and Relativity Space, making it an attractive location for businesses and travelers alike.
With 284 Commercial Real Estate listings available in Long Beach, investors have a wide range of options to choose from. The average price per square foot is $487 USD, and the average size of these properties is 17,488 square feet, with the largest property spanning 280,913 square feet. The average cap rate for Commercial Real Estate in Long Beach is 5.86%. In addition to Commercial Real Estate, Long Beach also offers Industrial Properties, such as warehouses and manufacturing facilities, Apartment Buildings, Office Properties, and Hotels, each with its own unique characteristics and investment opportunities. For instance, Industrial Properties in Long Beach are often located near the port and major transportation routes, making them ideal for businesses that rely on imports and exports. Apartment Buildings in Long Beach offer a range of amenities, including proximity to beaches and downtown attractions. Office Properties in Long Beach are often located in the downtown area, providing easy access to public transportation and amenities. Hotels in Long Beach cater to the city's thriving tourism industry, with many located near the beach and major attractions. Overall, Long Beach offers a diverse range of Commercial Real Estate investment opportunities, making it an attractive location for investors and businesses alike.
What financing options are available for purchasing commercial real estate?
When it comes to financing options for purchasing commercial real estate in Long Beach, there are several avenues to explore, including:
- SBA loans, which offer flexible terms and lower down payments, ideal for small business owners and entrepreneurs;
- Conventional loans, which provide competitive interest rates and terms for established businesses and investors;
- Private money loans, which offer quick access to capital for fix-and-flip projects or other short-term investments, with 284 available listings to choose from, averaging $487 USD per square foot, and ranging in size from 17,488 square feet to 280,913 square feet, with an average cap rate of 5.86%.
How do cap rates factor into commercial real estate purchases?
When considering commercial real estate purchases in Long Beach, cap rates play a crucial role in determining the potential return on investment. With an average cap rate of 5.86%, investors can gauge the property's potential income generation and make informed decisions; to learn more about this essential metric, check out our article on what is a cap rate.
What is considered a commercial property?
In Long Beach, California, a commercial property is typically defined as a building or land used for business or commercial purposes, such as office spaces, retail stores, restaurants, warehouses, and industrial facilities. With 284 available listings of commercial real estate in Long Beach, investors and business owners have a wide range of options to choose from, with average prices per square foot at $487 USD and average sizes ranging from 17,488 square feet to 280,913 square feet, offering cap rates averaging 5.86%.
