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3965 Clark Ave 35,260 SF Office Building Long Beach, CA 90808 $2,900,000 ($82.25/SF)
Investment Highlights
- Two-story office building delivered vacant at close of escrow, owner-user opportunity
- Directly adjacent to Long Beach City College and Veteran's Stadium
- Surrounding area is one of the major commercial office/industrial districts of the city, consisting of office and warehouse complexes that home to maj
- Located at the northeast corner of Clark Avenue and E Lew Davis Street
- Nearby to Long Beach Airport which currently has plans to renovate and expand their main terminal
Executive Summary
FOR SALE OWNER USER OFFICE BUILDING
- Two-story office building delivered vacant at close of escrow, owner-user opportunity
- Located at the northeast corner of Clark Avenue and E Lew Davis Street
- No parking on site
- Directly adjacent to Long Beach City College and Veteran's Stadium
- Nearby to Long Beach Airport which currently has plans to renovate and expand their main terminal
- Surrounding area is one of the major commercial office/industrial districts of the city, consisting of office and warehouse complexes that home to major companies such as Boeing, Mercedes Benz and Gulfstream Aerospace.
- Zoned I (Institutional Zone)
- Sale is subject to parcel being demised from the adjacent Frontier Communications data center building next door
- Land SF of 18,750 is an estimate and subject to change pending survey
- Building SF of 35,260 is an estimate and subject change pending building measurements and floor plans
- At close of escrow, two easements will be created at the property: one along the northern property line for telecommunication lines, and a second for the reciprocal generators located in the southeast corner of the subject property that provide backup power for the adjacent building at 4077 E Lew Davis Street.
- Two-story office building delivered vacant at close of escrow, owner-user opportunity
- Located at the northeast corner of Clark Avenue and E Lew Davis Street
- No parking on site
- Directly adjacent to Long Beach City College and Veteran's Stadium
- Nearby to Long Beach Airport which currently has plans to renovate and expand their main terminal
- Surrounding area is one of the major commercial office/industrial districts of the city, consisting of office and warehouse complexes that home to major companies such as Boeing, Mercedes Benz and Gulfstream Aerospace.
- Zoned I (Institutional Zone)
- Sale is subject to parcel being demised from the adjacent Frontier Communications data center building next door
- Land SF of 18,750 is an estimate and subject to change pending survey
- Building SF of 35,260 is an estimate and subject change pending building measurements and floor plans
- At close of escrow, two easements will be created at the property: one along the northern property line for telecommunication lines, and a second for the reciprocal generators located in the southeast corner of the subject property that provide backup power for the adjacent building at 4077 E Lew Davis Street.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
35,260 SF
Building Class
C
Year Built
1955
Price
$2,900,000
Price Per SF
$82.25
Building Height
2 Stories
Typical Floor Size
17,630 SF
Building FAR
1.88
Lot Size
0.43 AC
Zoning
I (Institutional) - I (Institutional). Buyer to verify with City of Long Beach to confirm uses allowed
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Bike Score®
Very Bikeable (74)
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3965 Clark Ave
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