Retail Storefront
For Sale
$3,850,000
302 E Anaheim St, Long Beach, CA 90813
For sale retail storefront property at 302 E Anaheim St in Long Beach, CA 90813.
Property Size14,144 SF
Days on Market88
Property Features for 302 E Anaheim St
General Information
Standard status
Active
Size
14,144 SF
Property subtype
Retail
Building Details
Building Size
14,144 SF
Year Built
1919
Listing Agency:
Lee & Associates - Long Beach
Listed By:
Sean Lieppman, CCIM · License #CalDRE #01905266
(562) 354-2528
Source:
Lee-associates
Added: Jul 11
Changed: Oct 3
Last Checked: Oct 5 at 5:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Long Beach
Investment Insights
Based on property information with market context.
This retail storefront property is offered for sale at 302 E Anaheim St in Long Beach, CA 90813. The asset is categorized for commercial use as a retail space within the broader storefront and shopping center property types.
The listing is priced at $3,850,000. No additional building details, unit configuration, or tenant information were provided with the listing materials, so due diligence will be necessary to confirm current condition and layout.
Prospective buyers and representatives should review available offering documents for specifics related to the property’s structure, merchandising configuration, and any applicable compliance considerations.
The listing is priced at $3,850,000. No additional building details, unit configuration, or tenant information were provided with the listing materials, so due diligence will be necessary to confirm current condition and layout.
Prospective buyers and representatives should review available offering documents for specifics related to the property’s structure, merchandising configuration, and any applicable compliance considerations.
Key Highlights
- Retail storefront property for sale at 302 E Anaheim St, Long Beach, CA 90813
- Year built: 1919
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$201,115
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,022,300
$4.0M
Cap Rate 7%
$2,873,071
$2.9M
Cap Rate 9%
$2,234,611
$2.2M
Market Conditions
NOI Build-Up for 14,144 SF
Gross rent
$310.6K $21.96/SF
− Vacancy
−$23.3K −$1.65/SF
EGI
$287.3K $20.31/SF
− OpEx
−$86.2K −$6.09/SF
NOI
$201.1K $14.22/SF
Area
ZIP 90813
Vacancy
7.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,022,300
Cap Rate 7%
$2,873,071
Cap Rate 9%
$2,234,611
Alternative Uses
Best Use
Retail
$2.87M
$2.51M – $3.35M
NOI $201,115 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$4.64M
$4.06M – $5.42M
NOI $325,097 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,302
Businesses Nearby
281k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Dining 33%
Groceries 31%
Electronics 2%
Superior Grocers
Groceries
38,748 visits/mo
0.2 miles
McDonald's
Dining
31,827 visits/mo
0.5 miles
Smart & Final
Groceries
29,683 visits/mo
0.3 miles
Tierra Mia Coffee
Dining
27,507 visits/mo
0.5 miles
ARCO
Shops & Services
19,565 visits/mo
0.5 miles
Demographics for 90813, CA
54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - For sale retail storefront property at 302 E Anaheim St in Long Beach, CA 90813.
Where is this shopping center located?
The property is located at 302 E Anaheim St Long Beach, CA.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: Retail storefront property for sale at 302 E Anaheim St, Long Beach, CA 90813; Year built: 1919
