1290 W 11th St - Warehouse FOR SALE


Long Beach, CA 90813- Westside Long Beach
$1,300,000 USD
424-405-3829
1290 W 11th St, Long Beach, CA for Sale
$1,300,000 USD
Warehouse - FOR SALE
1/10
null | Request Cap Rate

1290 W 11th St
Long Beach, CA 90813
Westside Long Beach


HIGHLIGHTS

  • 10,270 SF of Land
  • 2,400 SF Concrete Building
  • Port-Adjacent
  • Industrial Zoning (LBIP)
  • Overweight Corridor
  • Trucking Permitted By Right

OVERVIEW

This sale offers the opportunity to purchase a port-adjacent industrial property in Long Beach. Trucking and port-related uses are permitted by right and the property is situated on the overweight corridor. The subject property, located at 1290 West 11th Street, consists of a single parcel for a total of 10,270 square feet of land. The site has been improved with an industrial warehouse. The building is of concrete tilt-up construction and has a clear height of 12’. Utilities to the warehouse include water, sewer, and electricity. The building has not been occupied for several years and has deferred maintenance. The warehouse is situated on the northwest corner of the lot, leaving a large yard area behind it. The yard is fenced, paved in asphalt and can be accessed from both Fashion Avenue as well as 11th Street. Zoning on the sites is LBIP which is an industrial zoning designation that permits for numerous types of port-related industrial uses. Trucking and container uses are permitted by right and do not require a conditional use permit. Situated on the corner 11th Street and Fashion Avenue, the subject property is located in a desirable port-adjacent area of Long Beach. The property is in a low-traffic area, and can be access from two different locations, offering excellent trucking maneuverability to the site. The site is located on the overweight corridor. 1290 West 11th Street offers the opportunity to purchase an industrial property that is immediately adjacent to the port. The site has attributes that provide for functionality and attractive long-term value, and is suitable for owner/users and investors alike.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$542 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Port-Adjacent Industrial Property/Yard

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Freestanding, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.24

LAND SF

10,270

ZONING

LBIP

APN/PARCEL ID

7436-004-047

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.