700 BroadwayLong Beach, CA 90802
- Retail properties
- 6,351 SF
Property Details for 700 Broadway
- Year built
- 1937
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.16 AC
- Property size (Sq ft)
- 6,351 SF
- Zone code
- LBPD30
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 7281-021-002
- APU
- 7281021002
Description
This 6,185 square foot retail space in Downtown Long Beach offers multiple tenancy options, ranging from 984 to 3,200 square feet. Located at 700 E Broadway, at the southeast corner of Broadway and Lime Avenue, this property boasts a brand-new vanilla shell build-out, allowing for complete customization to suit various business needs, including restaurants, breweries, cideries, retail stores, or other commercial uses. The space features high ceilings, abundant natural light from floor-to-ceiling windows, and the potential for outdoor patio space. Its prime location benefits from high foot traffic due to its proximity to established businesses such as Roscoe's House of Chicken and Waffles, Kin Long Beach, and Von's. The property sits on a 0.16-acre lot and is zoned PD30 in Los Angeles County (APN 7281-021-002). This exceptional opportunity allows businesses to create a unique and inviting atmosphere in a thriving Downtown Long Beach location. The property is ready for immediate occupancy. The address is 700 E Broadway, Long Beach, CA 90802.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,215,696
- 6.5%
- $2,045,258
- 7%
- $1,899,168
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,105,122
- Geo Method
- $5,105,122
-
Alternative Use
- Use
- Valuation
- Residential
- $1,725,252
- Hospitality
- $1,580,322
- Educational
- $1,314,809
- Medical
- $1,360,027
- Retail
- $2,045,258
Location Insight
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Latitude
- 33.7691
- Longitude
- -118.183
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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