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    421 Broadway Long Beach, CA 90802

    Sponsored
    For Lease
    $28 SF/Yr

    Prime Downtown Long Beach Retail

    Lot size:
    3,073 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 421 W. Broadway in Long Beach, California, within the vibrant Gallery 421 mixed-use building. The property offers two available spaces, ranging from approximately 1,506 to 1,567 square feet, totaling approximately 2,837 square feet of ground floor retail space in a Class B building constructed in 2010. The building sits on a substantial 617,114 square foot lot and is zoned LBPD30. The Los Angeles County property (APN 7280-024-022) is part of a five-story building featuring 291 luxury apartment units, ensuring a built-in customer base. Ample on-site parking is provided, with a generous ratio of four spaces per 1,000 square feet of retail area. This prime location in Downtown Long Beach offers unparalleled access to a thriving urban environment, easily accessible by public transit and within a short distance of both Los Angeles and Orange County. The area boasts a walkable, bike-friendly atmosphere with numerous shops, restaurants, and attractions, all within a safe and clean community. The property's location benefits from the temperate climate and stunning ocean views of Southern California. This is an ideal opportunity for businesses seeking high visibility and access to a dense population in a desirable location.

    Property Features for 421 Broadway

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,073 SF
    Class
    B

    Building Details

    Year Built
    2010

    Unit(s) available at that property

    Space
    Unit A
    Size
    1,567 SF
    Rate per SF
    $28
    Space
    Unit C
    Size
    1,506 SF
    Rate per SF
    $42

    HighLights

    • Two ground floor retail spaces totaling approx. 2,837 SF available in a Class B building.
    • Located in the Gallery 421 mixed‑use building at 421 W. Broadway, Long Beach, CA.
    • Building features 291 luxury apartment units (over 95% leased), providing a built‑in customer base.
    • Ample on‑site parking (4 spaces per 1,000 SF of retail).
    • Prime Downtown Long Beach location with high visibility and access to a dense population.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dickey's Barbecue Pit Barbecue Restaurant HOWDY Graphic Designer Artis Employment Agency Windshield Repair Long ... Auto Repair Shop Teeth Whitening Glamour Teeth Whitening Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.19807576141
    Latitude
    33.77005790426

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    FAQs

    What type of property is this?
    Individual retail property - Prime Downtown Long Beach Retail
    Where is this individual retail property located?
    The property is located at 421 Broadway Long Beach, CA.
    What is the lease rate?
    The lease rate is $28-$42 SF/Yr.
    What are key features of this property?
    This property features: Two ground floor retail spaces totaling approx. 2,837 SF available in a Class B building.; Located in the Gallery 421 mixed-use building at 421 W. Broadway, Long Beach, CA.; Building features 291 luxury apartment units (over 95% leased), providing a built-in customer base.
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    421 Broadway Long Beach, CA 90802
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    Long Beach, CA 90802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    421 Broadway Long Beach, CA 90802
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