OWNER WILL CARRY A FIRST FOR 20 YEARS. Charming mixed-use property located in the Historic Zaferia District of Long Beach, on the highly visible corner of Anaheim Street and Bennett Avenue. The main commercial building fronting Anaheim Street consists of a 2,700 sq. ft. commercial space that is currently divided into two retail store fronts. The well-known, Iguana Kelley's Bar occupies both commercial spaces. Above Iguana Kelley's are two residential units, consisting of a 3 bedroom, 1 bath unit and a 2 bedroom, 1 bath unit. Behind the commercial building, fronting Bennett Avenue is a 3 car garage with a 2 bedroom, 1 bath residential above these garages. The parking lot is approximately 4,275 sq. ft., currently striped for 10 cars and has a separate APN and tax bill. This lot is included in the purchase price. Iguana Kelley's initial lease expires on May 31, 2018. The business owner has two (2), five (5) year options to extend, with increases noted in the lease agreement.SEE DOC
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