Search commercial real estate for sale in Long Beach, CA with real estate experts, The Elmer Team.
The Long Beach real estate market is moderately competitive. On average, properties in Long Beach attract 3 offers and typically sell within 42 days. Last month, the median selling price for a home in Long Beach reached $833K, marking a 14.1% increase from the previous year. Additionally, the median selling price per square foot in Long Beach is now $603, reflecting a growth of 3.4% over the last year.
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Long Beach boasts a robust and diverse economy, driven by its strategic location and well-developed infrastructure. The city is home to the Port of Long Beach, one of the busiest ports in the world, which significantly contributes to the local economy by facilitating international trade. This port, along with the adjacent Port of Los Angeles, creates a massive logistics and transportation hub, attracting numerous businesses involved in shipping, freight, and logistics. Additionally, Long Beach has a growing presence in the aerospace, technology, and healthcare sectors, making it an attractive destination for various types of commercial real estate investments. The economic diversity and stability offer businesses a reliable environment for growth and expansion, making commercial properties in Long Beach a sound investment.
Long Beach’s location within the greater Los Angeles metropolitan area provides unparalleled connectivity and accessibility. It is conveniently situated near major highways such as the I-710, I-405, and I-605, facilitating easy access to other parts of Southern California. The city's well-developed transportation infrastructure includes a major airport, the Long Beach Airport (LGB), which connects to numerous domestic destinations. Public transportation options, including the Metro Blue Line light rail, offer efficient transit solutions within the city and to neighboring areas. This strategic location and connectivity make Long Beach a prime spot for businesses looking to reach a large customer base, access a broad labor market, and enjoy logistical advantages, enhancing the appeal of commercial real estate in the area.
Long Beach offers a high quality of life, which attracts both residents and businesses. The city features a mix of urban amenities and natural beauty, including a stunning coastline, recreational parks, and cultural attractions such as the Long Beach Museum of Art and the Aquarium of the Pacific. The presence of California State University, Long Beach, provides a steady influx of educated talent, fostering innovation and contributing to a dynamic workforce. The city’s commitment to sustainability and green initiatives also makes it an appealing place for environmentally conscious businesses. Furthermore, Long Beach’s diverse and inclusive community creates a vibrant atmosphere, which is beneficial for businesses aiming to attract and retain top talent. The combination of a thriving local culture, excellent amenities, and a strong educational presence makes investing in commercial real estate in Long Beach a wise choice for businesses seeking long-term success.
Whether you have questions or are ready to invest in the thriving commercial real estate market of Long Beach, CA, our expert team is here to assist you every step of the way. Don't miss out on this dynamic and strategic location—reach out to us now to explore your options and secure your future in Long Beach!
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