1667-1669 Cota Ave 4,850 SF Industrial Building Long Beach, CA 90813 $1,128,000 ($232.58/SF)

HUGE PRICE REDUCTION
Asking Sale Price: $1,128,000 ($232.58 PSF) Reduced From $1,503,500 ($310 PSF)
Lender Owned Property. Priced to Move!
Located in the "Green Zone"
• ±4,850 SF Building on a ±6,580 SF Lot (±0.15 Acres)
• Previously a two (2) unit building - Each ±2,425 SF
• Hard to Find Fenced Concrete Paved Yard
• Access from Front and Rear Yards (Alley access to Rear Yard)
• Loading: Potential to Expand to 4 Ground Level (1 Ground Level Currently)(Dimensions 9'3" X 12'2")
• Brand New Power Panel. Power has been upgraded
• Clearance: ±13'3" to 14'2"(Buyer to Verify) - Drop Ceiling Available
• Property has partial build out of electrical and plumbing
• Interior Walls can be Moved or Removed
• ± 6 Parking spaces in front of building w/ possible parking in rear (currently not striped due to new concrete)
• Property is Sold As-Is, Where-Is
Corporate Neighbors and Significant Infrastructure Assets include:
Intermodal Container Transfer Facility (ICTF)
Long Beach Container Terminal (LBCT)
Per B On-Dock Rail Support Facility
International gateway (SCIG) & BNSF Western Railyard
Shell Oil Refinery
PCH Truck Stop
Toyota Logistics Services & Vopack
Thunder Studios
Significant infrastructure investment in the immediate area includes:
he'll be on dot rail support facility also known as America's green gateway (yard expansion from 82 to 171 acres) Current budget is $.8 Billion of anticipated investment
929 W Anaheim Street Industrial Project (Consisting of new 62,000 and 42 square foot and 61,553 square foot building consolidated on 6.65 acres)
The Watt Business Park off PCH
Stability of Investment:
Mature industrial corridor with compatible neighboring uses
Surrounded by logistics parks, container yards call mom in it merit of industrial business operations from what assembly, manufacturing come on auto collections, import and export warehousing in port support businesses.
A large supply of skilled most effective labor workforce
the port centric nature of the asset in a heavy industrial area provides for a greater consistency of constrain supply and strong demand
Relatively little movement with stabilized long term business operations in the area
Owner user and investment appeal:
The location in Long Beach provides a better investment opportunity for business owners living in the beach cities and seeking quality long term investment in a stabilized community an affordable price point.
Assets of this nature in the area historically have benefited from the ease to lease up in the event of vacancy