240 Long Beach Blvd - Storefront Retail/Office FOR SALE


Long Beach, CA 90802- Downtown Long Beach
$4,000,000 USD
562-495-6070
240 Long Beach Blvd, Long Beach, CA for Sale
$4,000,000 USD
Storefront Retail/Office - FOR SALE
1/24
null | Request Cap Rate

240 Long Beach Blvd
Long Beach, CA 90802
Downtown Long Beach


OVERVIEW

Coldwell Banker Commercial BLAIR is pleased to present 240 Long Beach Blvd for both Sale and Lease. Formerly known as Acres of Books, this site is a brand new, two-building structure with a combined total of 9,513 SF. Acres of Books was a beloved bookstore that operated at this location from 1960 until 2008, becoming a cherished landmark in the Long Beach community. Known for its vast collection of books across various genres, it became a haven for bibliophiles and a significant part of Long Beach’s cultural history. The newly renovated buildings feature concrete floors, high ceilings, skylights, and a charming exterior brick facade. The spacious storefronts and shared courtyard enhance the property’s inviting ambiance, making it perfect for creative retail or office spaces. With its rich history and unique architectural details, the property stands as a testament to the city’s heritage while offering modern amenities for contemporary use. Additional amenities include on-site parking (approximately 64 spaces) available through the neighboring Onni property at a monthly fee. There is also a monthly HOA fee for property upkeep and maintenance. The location is ideally situated across from the Metro, with close proximity to several new residential and mixed use development projects, making it a prime spot for business and community engagement. This is a rare opportunity to lease or purchase a property that blends Long Beach’s historical charm with modern functionality in a growing and vibrant area

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$420 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Art Exchange

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Supermarket, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,734 SF

ZONING

PD-30

APN/PARCEL ID

7281-017-074

ASK ABOUT THIS PROPERTY

Vachel McKeeverColdwell Banker Commercial BLAIRMore Info
562-495-6070

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Vachel McKeeverColdwell Banker Commercial BLAIRMore Info
562-495-6070

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