406 E 1st St - Storefront FOR SALE


Long Beach, CA 90802- Downtown Long Beach
$1,700,000 USD
858-344-0512
406 E 1st St, Long Beach, CA for Sale
$1,700,000 USD
Storefront - FOR SALE
1/4
null | 5.18% Cap Rate

406 E 1st St
Long Beach, CA 90802
Downtown Long Beach


HIGHLIGHTS

  • Three-tenant retail investment in the heart of Downtown Long Beach's East Village Arts District.
  • Strong pedestrian traffic, an established restaurant corridor
  • Modified gross leases with limited landlord responsibilities

OVERVIEW

Located in the heart of Downtown Long Beach's East Village Arts District, this property is a three-tenant retail property featuring two occupied retail suites and one vacant suite, providing immediate value-add potential through lease-up or owner- user opportunity. The property benefits from strong pedestrian traffic, an established restaurant corridor, and flexible PD-30 Downtown Plan zoning.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$453 USD /SF

CAP RATE

5.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

PD, Long Beach

APN/PARCEL ID

7281-025-003

ASK ABOUT THIS PROPERTY

Angela PirtleAngela Pirtle RealtyMore Info
858-344-0512

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Angela PirtleAngela Pirtle RealtyMore Info
858-344-0512

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