302-320 E Anaheim St 14,144 SF 100% Leased Retail Building Long Beach, CA 90813 $3,850,000 ($272.20/SF) 6.01% Cap Rate

Lee & Associates - Los Angeles/Long Beach, Inc., as exclusive advisors, presents 302-320 E. Anaheim Street, a multi-tenant Long Beach commercial property for sale at the signalized intersection of Anaheim Street and Long Beach Boulevard.
Offered at $3,850,000, this ±14,144-square-foot income-producing property contains thirty-one (31) private spaces serving music production, recording, graphic/industrial design, creative office, specialtyworkspace users and seven (7) ground floor retail spaces comprised of a restaurant, hair salon, barber, tattoo studio, electronics store, and smoke shop.
Adjacent to the Metro A Line’s Anaheim Street Station and minutes from Downtown Long Beach and the 710 Freeway, the property is positioned for investors seeking a 1031
exchange replacement property, diversified commercial income, measurable rent growth and long-term redevelopment potential in Central Long Beach.
Subject to City confirmation, the property may benefit from Long Beach’s updated parking regulations, including potential exemption from minimum automobile parking counts within the City’s Parking Exempt Area and no new parking requirement for qualifying changes of use in buildings more than 10 years old. This creates a more flexible path for restaurant, retail, hospitality, and experiential operators seeking to activate an urban Long Beach location.