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Multilevel Retail Building
New
For Sale
$3,995,000

601 Pne, Long Beach, CA 90802

The property spans several levels, including a basement, mezzanine, and upper floors.

Property Size42,321 SF
Lot Size0.40 Acres
Price / SF$94.40
Days on Market2

Property Features for 601 Pne

General Information

Standard status Active
Size 42,321 SF
Total Parking Spaces 10
Lot size 0.40 Acres
Property subtype Commercial

Building Details

Building Size 42,321 SF
Year Built 1926
Buildings 1
Listing Agency: Coldwell Banker Commercial BLAIR
Listed By: Sheva Hosseinzadeh · License #01922147
Source: Elliman
Added: Oct 19 Last Checked: Oct 19 at 5:13AM

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 Coldwell Banker Commercial BLAIR

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Investment Insights

Based on property information with market context.

Located in downtown Long Beach, this freestanding commercial building contains approximately 42,321 square feet on a 17,502-square-foot parcel. Its multilevel configuration includes a ground floor, basement, mezzanine, second floor, and third floor. The approximately 2,236-square-foot mezzanine is believed to be outside the stated building area. The building previously served as a department store, and preliminary plans have been prepared for a 63-unit residential and retail reuse concept, subject to approvals.

Approximately 10 on-site parking spaces are available, with a public parking facility offering more than 1,000 spaces across the street.

Key Highlights

  • Approximately 42,321 SF of building area on 17,502 SF of land
  • Ground floor, basement, mezzanine, second floor, and third floor
  • Mezzanine is approximately 2,236 SF and believed excluded from stated building area

Property Analytics

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Current Use

Rite Aid Pharmacy CDReload - Online Bitcoin ... Crypto Atm Amazon Locker - Ant Postal Service Rite Aid Pharmacy Pharmacy KeyMe Locksmiths Locksmith

Suggested Use

Top Pick Carpet & Flooring Store Tanning Salon Florist Veterinary Clinic (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,310
Businesses Nearby
294k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Groceries 26% Shops & Services 20% Hotels & Casinos 8%
Superior Grocers Groceries
38,748 visits/mo 0.5 miles
El Super Groceries
38,294 visits/mo 0.3 miles
Marriott Long Beach Downtown Hotels & Casinos
22,235 visits/mo 0.4 miles
Starbucks Dining
19,105 visits/mo 0.2 miles
Carl's Jr. Dining
18,755 visits/mo 0.3 miles

Demographics for 90802, CA

41,686
Population
25,055
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
88%
High-School Grad
6.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$72,152
Median Household Income
$52,011
Median Earnings
$1,855
Median Rent
$546,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The property spans several levels, including a basement, mezzanine, and upper floors.
Where is this retail space located?
The property is located at 601 Pne Long Beach, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Approximately 42,321 SF of building area on 17,502 SF of land; Ground floor, basement, mezzanine, second floor, and third floor; Mezzanine is approximately 2,236 SF and believed excluded from stated building area
More about this property
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