620 W 16th St - Warehouse FOR SALE


Long Beach, CA 90813
$3,970,000 USD
562-243-4734
620 W 16th St, Long Beach, CA for Sale
$3,970,000 USD
Warehouse - FOR SALE
1/21
null | Request Cap Rate

620 W 16th St
Long Beach, CA 90813


OVERVIEW

Professionally Managed Multi-Tenant Flex Investment Westside Business Park is available for sale for the first time from the original builder and developer. With APPROXIMATELY 50% of the building available for lease (Units E & F), this is a unique opportunity for an investor OR owneruser to acquire this flexible multi-tenant industrial asset. The building totals ±13,245 square feet of rentable space and consists of six units, four of which are currently leased. The industrial park has a track record of long-term tenants and consistently remains occupied. Please inquire for additional information about the existing leases. Approximately 50% Office / 50% Warehouse With a balanced layout of 50% office space and 50% warehouse, this property is ideal for businesses needing both administrative and operational areas. The office portion features modern amenities suitable for teams, while the warehouse offers ample space for storage, production, or distribution. This versatile configuration provides the flexibility to support a wide range of industries, from logistics to light manufacturing.

FOR SALE DETAILS

PRICE

$3,970,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Service, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

UTILITIES

Lighting, Water

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.57

LAND SF

24,829

ZONING

IG

APN/PARCEL ID

7271-013-018

ASK ABOUT THIS PROPERTY

Gavin GillLee & AssociatesMore Info
562-243-4734

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Gavin GillLee & AssociatesMore Info
562-243-4734

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