Pacific Tower

104,754 SF | 96% Leased | Office Building | Long Beach, CA 90802 | For Sale

Property Type: Office
Square Feet: 104,754 SF

Listing Contacts

Sheva Hosseinzadeh

Verified Profile

George Bustamante

Verified Profile

Property Info

Property Overview

Coldwell Banker Commercial BLAIR is pleased to present the property located at 235 E. Broadway on the market for Sale for the first time since 1986! Originally erected in 1923, this historic mixed-use property has ground floor retail with 11 stories of office located directly above, and 7,900 SF of basement for storage. The property consists of approximately 104,754 SF of improvements on approximately 24,792 SF of land. Located in the heart of a vibrant Downtown neighborhood, across the street from the Metro Blue Line, and is within proximity to several large new mixed-use development projects. The highest and best use of this property is a residential adaptive re-use development project that can add +/- 100 new residential units with retail first floor. Lofty ceilings and expansive windows flood the interiors with natural lights and great views, creating an inviting ambiance for modern living. The property’s sturdy framework and solid construction provide a solid foundation to craft chic loft style apartments on this historic canvas. Due to the State of California Assembly Bill Code 2097 and because of proximity to the Metro Blue Line, additional parking for a re-use of the building is not required, the property currently has 55 parking spaces available on-site.
Seize this rare chance to own a piece of history and embark on a journey of transformation. Embrace the past while shaping the future in this remarkable property awaiting its next chapter. Don’t miss out on this extraordinary opportunity to create a new legacy at 235 E. Broadway.
With signed NDA - Rent roll will be provided!

Property Details

Class: B
Year Built/Renovated: 1923/2024
Stories: 12
Lot Size (sq. ft): 24,829 SF

Highlights

Residential Adaptive Re-Use Opportunity in the heart of Downtown Long Beach
Property adjacent to several new mixed-use projects and across the street from the Metro Blue Line
Historic Brick Building with 1920’s features throughout
Ocean and Queen Mary views from upper floors
Off-ramp Access from the 710 Freeway to Broadway
Walking Distance to Pine Ave, Long Beach Convention Center, Long Beach Sports Arena, George Deukmejian Courthouse, Long Beach City Hall, and etc.

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