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Multilevel Retail Building

601 Pine Avenue, Long Beach, CA 90802

For Sale
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Vacant, freestanding space spans several levels and includes on-site parking in downtown Long Beach.

Property Size42,321 SF
Lot Size0.40 Acres
Price / SF$94.40
Days on Market27

Property Features for 601 Pine Avenue

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

Additional Details

Asking Price $3,995,000
Mezzanine 2,236 SF

Building Details

Buildings 1
Building Size 42,321 SF
Listing Agency: Coldwell Banker Commercial BLAIR
Listed By: Sheva Hosseinzadeh · License CA #01922147
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 10 at 7:59AM

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

Rey
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Investment Insights

Based on property information with market context.

This freestanding commercial building in downtown Long Beach contains approximately 42,321 square feet across multiple levels on a 17,502-square-foot parcel. The property is vacant, with retail space on the ground floor and additional basement, mezzanine, second-floor, and third-floor areas. Approximately 10 parking spaces are located on the parcel.

Preliminary adaptive-reuse plans outline a mixed-use concept with ground-floor retail and approximately 63 residential units on upper levels. The proposed unit mix includes 55 market-rate units and 8 affordable units. The plans also contemplate completing the mezzanine as an additional residential level; implementation would be subject to applicable approvals.

Key Highlights

  • Approximately 42,321 SF of building area across multiple levels
  • 17,502 SF parcel in downtown Long Beach
  • Ground‑floor retail with basement, mezzanine, second-, and third‑floor areas

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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

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

Average Price Trend$/SF for Retail space in Long Beach, CA

$342 Jul
$444 Aug
$454 Sep
$416 Oct

Properties on Market for Retail space in Long Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Vacant, freestanding space spans several levels and includes on-site parking in downtown Long Beach.
Where is this retail space located?
The property is located at 601 Pine Avenue 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 across multiple levels; 17,502 SF parcel in downtown Long Beach; Ground‑floor retail with basement, mezzanine, second-, and third‑floor areas
(562) 400-5949 · Office Call to check price and availability
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