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Arts District Brewery & Event

216 S Alameda St Los Angeles, CA

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Iconic building with turnkey brewery, taproom, and event space.

Type:INDUSTRIAL
Property size:
71,948 SF
Lot size:
1.02 Acres
Price / SF:
$166.09/SF
Added:
Nov 19, 2025
Days on Market:
237
Last Refresh:
May 20 at 8:25 pm

Property Features for 216 S Alameda St

General Information

Standard status
Active
Size
71,948 SF
Lot size
1.02 Acres
Property subtype
INDUSTRIAL

Listing office Cushman & Wakefield

Listing date Nov 19, 2025

Source Moodyscre

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 Cushman & Wakefield


Investment Insights

Based on property information with market context.

This iconic building, a crown jewel of the Arts District, offers timeless character and appeal. Located at the gateway to the Arts District and Little Tokyo, the property features a newly renovated ground floor with upgraded power. It is currently configured as a turnkey brewery, taproom, and event space. The property is surrounded by acclaimed restaurants, bars, shops, and galleries. The building has a total area of 71,948 square feet and is suitable for breweries, industrial, bars, restaurants, and retail.

Key Highlights

  • Turnkey Brewery/Taproom & Event Space
  • Iconic Building Offering Timeless Character & Appeal
  • Located at the Gateway to Arts District & Little Tokyo

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $1.36M $18.96
− Vacancy −$87.3k −$1.21
EGI $1.28M $17.75
− OpEx −$383.0k −$5.32
NOI $893.8k $12.42
71,948 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$27.84M
$24.36M – $32.48M (±1% cap)
NOI $1,948,527 @ 7.0% cap · market cap 16.31%
Second Best
Retail
$23.85M
$20.87M – $27.83M (±1% cap)
NOI $1,669,710 @ 7.0% cap · market cap 13.97%
Theoretical Best
Multifamily LT 5
$1,457.62M
$1,275.42M – $1,700.56M (±1% cap)
NOI $102,033,630 @ 7.0% cap · market cap 853.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Angel City Brewery Production Facility Truly LA Bar & Pub La Chicas Taquitos Restaurant Doña Estela Restaurant Downtown Taco Co. Restaurant

Suggested Use

(Bike/Boat/Book/etc) Store Tanning Salon Adult Day Care Restaurant Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Brewery - Iconic building with turnkey brewery, taproom, and event space.
Where is this brewery located?
The property is located at 216 S Alameda St Los Angeles, CA.
What is the asking price?
The asking price for this property is $11,950,000.
What are key features of this property?
This property features: Turnkey Brewery/Taproom & Event Space; Iconic Building Offering Timeless Character & Appeal; Located at the Gateway to Arts District & Little Tokyo
Contact an agent
(213) 629-6528 Call to check price and availability
More about this property
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