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Multilevel Retail Building
For Sale
$3,995,000

601 Pine, Long Beach, CA 90802

Ground, basement, mezzanine, and upper-story areas accommodate a range of commercial uses, subject to approvals.

Property Size42,321 SF
Lot Size0.40 Acres
Price / SF$94.40
Days on Market12

Property Features for 601 Pine

General Information

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

Site & Location

Neighborhood Downtown

Building Details

Building Size 42,321 SF
Year Built 1926
Buildings 1
Listing Agency: Coldwell Banker Global Luxury
Listed By: DiTolla Real Estate
Source: Ditollarealestate
Added: Oct 16 Changed: Oct 26 Last Checked: Oct 26 at 4:25PM

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 Global Luxury

Rey
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Investment Insights

Based on property information with market context.

This freestanding commercial property in downtown Long Beach contains approximately 42,321 SF across a ground floor, basement, mezzanine, second floor, and third floor. The mezzanine measures approximately 2,236 SF and may not be included in the stated building area. The site encompasses approximately 17,502 SF and has about 10 on-site parking spaces. Rooftop amenity use may be possible, subject to approvals.

More than 1,000 city public parking spaces are located across the street. Preliminary plans have been prepared for an adaptive-reuse concept with 63 residential units and retail space; development potential and plans are subject to approval and independent verification.

Key Highlights

  • Approximately 42,321 SF of building area on approximately 17,502 SF of land
  • Five levels: ground floor, basement, mezzanine, second floor, and third floor
  • Approximately 2,236 SF mezzanine may be excluded from the stated building area

Property Analytics

Who owns this building? See the owner, sales and loan history
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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 - Ground, basement, mezzanine, and upper-story areas accommodate a range of commercial uses, subject to approvals.
Where is this retail space located?
The property is located at 601 Pine 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 approximately 17,502 SF of land; Five levels: ground floor, basement, mezzanine, second floor, and third floor; Approximately 2,236 SF mezzanine may be excluded from the stated building area
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