341 S Broadway - Storefront Retail/Office FOR SALE


Los Angeles, CA 90013- Historic Downtown LA
$5,500,000 USD
818-206-3168
341 S Broadway, Los Angeles, CA for Sale
$5,500,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

341 S Broadway
Los Angeles, CA 90013
Historic Downtown LA


HIGHLIGHTS

  • Irreplaceable Historic Broadway location adjacent to Grand Central Market and Angels Flight
  • Compelling entry basis materially below current Downtown Los Angeles replacement cost
  • Constant daily pedestrian traffic driven by tourism, dining, and cultural anchors
  • Immediate access to multiple Metro lines and regional transit connections
  • Highly adaptable multi-level space supporting retail, showroom, office, or experiential uses
  • Steps from historic Grand Central Market — one of LA’s most visited dining destinations

OVERVIEW

Anvers Capital Partners and Peak Commercial, acting as exclusive advisors, present for sale 337–345 South Broadway, a rare opportunity to acquire approximately 38,900 square feet of tenant-usable retail and creative office space in the heart of Downtown Los Angeles’ Historic Core, directly adjacent to major cultural and pedestrian anchors including Grand Central Market, Angels Flight, the Million Dollar Theatre, and Pershing Square. The property consists of two interconnected multi-level buildings featuring prominent street-level glazing and extended Broadway frontage, second-floor creative office layouts with strong natural light, and expansive full basements offering flexible potential for showroom expansion, event space, and support uses. The floorplate configuration supports a wide range of strategies, from single-tenant flagship occupancy to curated multi-tenant retail and creative concepts seeking maximum visibility within one of DTLA’s most authentic and heavily trafficked pedestrian corridors. The subject benefits from its placement within a district where historic architecture, tourism, hospitality, and an expanding residential population intersect. Grand Central Market alone serves as one of Southern California’s most visited food destinations, driving continuous foot traffic from residents, office workers, and visitors seven days a week, while nearby cultural destinations such as the Walt Disney Concert Hall, The Broad, and Bunker Hill further reinforce the area as a year-round activity hub. Immediate proximity to both the Pershing Square and Historic Broadway Metro stations provides efficient transit connectivity throughout the region, enhancing convenience for employees, customers, and tourists alike.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

LAC2

APN/PARCEL ID

5149-015-040

ASK ABOUT THIS PROPERTY

Jack MinassianPeak CommercialMore Info
818-206-3168

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Jack MinassianPeak CommercialMore Info
818-206-3168

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