Owner/User Industrial | Heart of Long Beach

13,655 SF | Industrial Building | Long Beach, CA 90813 | $3,500,000 ($256/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $3,500,000

Property Type
Industrial
Price / Square Foot
$256

Listing Contacts

Ian Stevenson
Ian Stevenson
Verified Profile
Jeremy Benloulou
Jeremy Benloulou
Verified Profile
Alan Abselet
Alan Abselet
Verified Profile
  • Property Info

Property 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.

Property Details

Class
C
Year Built/Renovated
1950/2023
Stories
1
Property Subtype
Distribution
Lot Size (sq. ft)
21,344 SF

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.

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