230-234 E C St - Warehouse FOR SALE


Wilmington, CA 90744
$2,600,000 USD
424-405-3829
230-234 E C St, Wilmington, CA for Sale
$2,600,000 USD
Warehouse - FOR SALE
1/14
null | Request Cap Rate

230-234 E C St
Wilmington, CA 90744


HIGHLIGHTS

  • 7,760 SF Warehouse on 14,112 SF Lot
  • Port-Adjacent Location – Overweight Corridor
  • Concrete Construction, 14’ Clear Height, Divisible to 2 Suites
  • LAM2 Zoning - Numerous Industrial Uses Permitted
  • Delivered Vacant – Owner-User or Investor Opportunity
  • SBA Financing Available

OVERVIEW

This sale offers the opportunity to purchase a freestanding industrial warehouse with a secured yard in the port-adjacent city of Wilmington, California. The property has attributes that provide for functionality and long-term value and is suitable for both owner-users and investors. The property will be delivered vacant at the close of escrow. The subject property, located at 230-234 East C Street, consists of two parcels for a total of 14,112 square feet of land. The site has been improved with a freestanding industrial warehouse that offers approximately 7,760 square feet of rentable building area. The building is of concrete construction, is divisible into two suites and has a clear height of 14’. The warehouse features two ground-level loading doors, an open warehouse area and approximately 1,300 square feet of office area, providing excellent functionality for a variety of industrial uses. Utilities to the property include water, sewer, gas, and electricity. Electrical service is by way of a two panels: each at 200 amp, 240 volt, 3-phase. The lot is fully paved and fenced, offering 12 on-site parking spaces and a functional yard space for outdoor storage, parking, or work use. Zoning on the site is LAM2, which is an industrial zoning designation that permits for numerous industrial uses. Situated on East C Street, just east of Avalon Boulevard, the property is located in a desirable port-adjacent location and with close proximity to the I-110 and I-710 freeways. The site benefits from excellent access to the Ports of Los Angeles and Long Beach, the Overweight Corridor, and major transportation routes serving the South Bay and greater Los Angeles region. 230-234 East C Street offers the opportunity to purchase a functional industrial warehouse with a large yard in Wilmington, California. The property has attributes that provide for functionality and attractive long-term value and will be delivered vacant at the close of escrow. SBA financing is available to qualified buyers.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$335 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Port-Adjacent Industrial with Yard

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Freestanding, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

Lighting - Fluorescent, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.32

LAND SF

14,112

ZONING

M2

APN/PARCEL ID

7418-030-018,7418-030-019

ASK ABOUT THIS PROPERTY

Derek L. CaldwellMarcus & Millichap - Caldwell Industrial TeamMore Info
424-405-3829

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Derek L. CaldwellMarcus & Millichap - Caldwell Industrial TeamMore Info
424-405-3829

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.