531 N Marine Ave - Warehouse FOR SALE


Wilmington, CA 90744
$800,000 USD
562-547-8994
531 N Marine Ave, Wilmington, CA for Sale
$800,000 USD
Warehouse - FOR SALE
1/10
null | Request Cap Rate

531 N Marine Ave
Wilmington, CA 90744


HIGHLIGHTS

  • Cross Streets: West E Street/ Marine Avenue
  • (2) Two buildings Totaling: ± 4,387 SF
  • Location: 110, 710, 405 Freeways
  • Location: Close Proximity to World Ports of Los Angeles and Long Beach
  • Location: Good Access to Executive Beach City Living
  • Rich Supply of Skilled Labor

OVERVIEW

Two buildings on 1 Lot For Sale. Front Office Building is Occupied by a Tenant. Rear Industrial Building is Now Vacant • Cross Streets: West E Street/ Marine Avenue • (2) Two buildings Totaling: ± 4,387 SF • Lot: ± 9,545 SF • Zoned: LARD1.5 • APN: 7418-004-015 • Location: 110, 710, 405 Freeways • Location: Close Proximity to World Ports of Los Angeles and Long Beach • Location: Good Access to Executive Beach City Living • Rich Supply of Skilled Labor Warehouse Building: +/- 3,007 SF (rear metal warehouse – Vacant) • Available to Occupy: March 16, 2026 • Lessee: Comfort Hot Tubs, LLC – Moving Out March 15, 2026 • Previous Use: Storage of Hot Tubs • Restroom: One (1) • Yard: Fenced and Paved • Access: Off rear alley • Loading: One (1) Ground Level Door • Clearance: Approximate +/- 14’ (not measured – Buyer to verify) • Power: Heavy Power (potentially 600 Amps, 120/240 Volts, 1 Phase, 3 Wire - Buyer to verify) • The industrial building is also Available For Lease. • Asking Lease Rate: $3,100.00 per Month Industrial Gross Front Office Building: ± 1,380 SF • Leased • Lessee: South Bay Center for Counseling, a California non-profit corporation » Lease Expiration: June 30, 2026 » Monthly Rent: $2,300 » Lease Type: Industrial Gross » CAM: No CAM » Options to Extend Lease: Two (2) One (1) Year Options To Extend Lease Term » Option 1 Term Rent: $2,415 Per Month » Option 2 Tern Rent: $2,536 Per Month » Use: Administrative Offices

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1927

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22

LAND SF

9,583

ZONING

LARD1.5

APN/PARCEL ID

7418-004-015

ASK ABOUT THIS PROPERTY

Lary CarltonColliersMore Info
562-547-8994

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Lary CarltonColliersMore Info
562-547-8994

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