433 Pine Avenue

  • Long Beach

  • $2,000,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
Engel & Voelkers is pleased to present Historic 433 Pine Avenue in the City of Long Beach, California. This commercial sale offers the opportunity to purchase a functional retail property below a 28-unit new development condominium complex. The subject property measures 6,526 square feet and can be divided into four (4) separate retail spaces. Ground floor with over 85' feet of gallery frontage along Historic Pine Avenue. Wide open space with an enclosed floor area that's approximately 85' feet wide x 75' feet deep with a clear height of 17' feet. There are two community restrooms down a small hallway area. There's plenty of parking with metered parking along the street and multiple large city managed parking structures across the street with monthly, daily, and 2-hour free parking. The property is located less than 1/2 mile from the 710 Fwy at Pacific Coast Highway. It has convenient freeway access and is adjacent to the ports of Long Beach leading into San Pedro and Los Angeles. The property is set up in a way that is practical for a number of different types of use and is in turn-key condition. Its attributes and location make this property suitable for owner/users and investors alike. The property is well positioned to benefit from the growth that has been occurring along Pine Avenue and the appreciation that comes along with being located on the main street that is the hub of nightlife and commerce for the Downtown Long Beach area.
Essential
MLS #OC17270793
Price Per SqFt$306.47
Sub-TypeRetail
CountyLos Angeles
StateCA
Area4 - Downtown Area, Alamitos Beach
StatusActive Under Contract
Sale TypeStandard
Number Of Buildings1
Building StatusExisting
Land UseOffice,Other,Retail
Listing BrokerageEngel & Voelkers
Listing AgentScott Hamilton
Listing Agent BRE #01125930

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Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, July 18, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.