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1855-1855 Freeman Ave 12,800 SF 100% Leased Industrial Building Signal Hill, CA 90755 $2,900,000 ($226.56/SF)
INVESTMENT HIGHLIGHTS
- Immediate access to the 405, 1, 710, 605 Freeway with close proximity to Los Angeles, Orange County & Long Beach Port.
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to offer for sale 1851-1855 Freeman Ave, Signal Hill (“the Property”) This ±12,800 Sq. Ft. one of a kind Industrial property is located on .62 Acres, that is currently leased, however can be potentially provided to a user. The property is currently occupied by the historic Long Beach Antique Mall as well as Planet Books which are staples within the community. The property currently is separated into 2 rentable spaces however can be easily used as a functional single tenant building or even looked at as a development opportunity.
The property is strategically located off Pacific Coast Hwy thoroughfares of N Lakewood Blvd. Close proximity to the 405, 710, 605 freeways, allowing for quick and easy access to Los Angeles, Orange County, Inland Empire as well as Long Beach Port and Long Beach Airport. This opportunity is being offered on an “as-is” basis for the fee interest in the building and land thereunder.
This Investment offering is a terrific opportunity to acquire a spectacular one of a kind owner user or investment for single or multi-tenant use with diversified cash flow or as a development in a rapidly growing Signal Hill Industrial market.
The property is strategically located off Pacific Coast Hwy thoroughfares of N Lakewood Blvd. Close proximity to the 405, 710, 605 freeways, allowing for quick and easy access to Los Angeles, Orange County, Inland Empire as well as Long Beach Port and Long Beach Airport. This opportunity is being offered on an “as-is” basis for the fee interest in the building and land thereunder.
This Investment offering is a terrific opportunity to acquire a spectacular one of a kind owner user or investment for single or multi-tenant use with diversified cash flow or as a development in a rapidly growing Signal Hill Industrial market.
PROPERTY FACTS
| Price | $2,900,000 | Rentable Building Area | 12,800 SF |
| Price Per SF | $226.56 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1954 |
| Property Type | Industrial | Parking Ratio | 0.75/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 17’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 0.62 AC | ||
| Zoning | SHM1* - Signal Hill Light Industrial | ||
| Price | $2,900,000 |
| Price Per SF | $226.56 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.62 AC |
| Rentable Building Area | 12,800 SF |
| No. Stories | 1 |
| Year Built | 1954 |
| Parking Ratio | 0.75/1,000 SF |
| Clear Ceiling Height | 17’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | SHM1* - Signal Hill Light Industrial |
AMENITIES
- Skylights
1 1
Walk Score®
Very Walkable (85)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $101,427 | |
| Land Assessment | $111,730 | Total Assessment | $213,157 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$111,730
Improvements Assessment
$101,427
Total Assessment
$213,157
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1855-1855 Freeman Ave
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