728-730 W Esther St - Warehouse FOR SALE


Long Beach, CA 90813
$3,400,000 USD
310-906-3277
728-730 W Esther St, Long Beach, CA for Sale
$3,400,000 USD
Warehouse - FOR SALE
1/22
null | Request Cap Rate

728-730 W Esther St
Long Beach, CA 90813


HIGHLIGHTS

  • 728-730 W Esther St is a 13,655-SF industrial warehouse asset with an adjacent 0.17-acre gated parking lot included in the sale.
  • Ideally located in the heart of Long Beach’s industrial hub and Opportunity Zone near main thoroughfares PCH Hwy and the 710 Fwy.
  • Premier light-industrial asset that offers potential for cannabis use with in-place State and City Cultivation and Distribution licenses.
  • Less than 5 miles from Long Beach Daugherty Airport, the Port of Long Beach, and the J.H. Baxter Co. Railroad Terminal.
  • Los Angeles Metro Blue Line serves the immediate area well, and the Metrolink Commuter Rail serves the surrounding neighborhoods.

OVERVIEW

Kidder Mathews is pleased to present 728-730 W Esther St, a renovated warehouse for sale in Long Beach's industrial market. Due to the flexible use profile of LBIL and the central location near the main thoroughfares of PCH (HWY 1) and the 710 fwy, this property offers a lot to potential buyers in use profiles and location. The sturdy concrete block construction and metal roof allows for scaling clear height throughout the warehouse. The Property has a tall gate enclosing a private paved yard and loading characteristics include an oversized ground level loading door off of Esther as well as rollup door access into the warehouse from the yard area. For potential cannabis uses, this property has previously had State and City Cultivation and Distribution licenses, allowing for the legal cultivation and distribution of Cannabis from this location. Although the current licenses are expired, the property is located in the cannabis zone and has successfully acquired the permits before. The property has had upgraded plumbing infrastructure installed throughout the warehouse as a further asset to buyers with a Cannabis use in mind. The property is located 1.7 miles from the Port of Long Beach, 3.5 miles from the Long Beach Airport, and 15 miles to LAX.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Owner/User Industrial | Heart of Long Beach

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.49

LAND SF

21,344

ZONING

IL

APN/PARCEL ID

7271-016-004,7271-016-005

ASK ABOUT THIS PROPERTY

Ian StevensonKidder MathewsMore Info
310-906-3277

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Ian StevensonKidder MathewsMore Info
310-906-3277

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