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618-622 S Broadway 28,563 SF Retail Building Los Angeles, CA 90014 For Sale
Investment Highlights
- Recognized Historic Structure Within The Broadway Theater And Commercial District
- Prominent Frontage On South Broadway, A Premier Retail Destination In DTLA
- Surrounded By Theaters, Boutiques, Restaurants, And Adaptive Reuse Loft Developments
- Designed In Spanish Colonial Style With Original Ornamental Detailing
- Direct Proximity To Pershing Square Metro Station And Multiple Transit Lines
- Multi-Modal Accessibility With Nearby Union Station And Major Freeways Including I-10 And US-101
Executive Summary
Located in the thriving Historic Core of Downtown Los Angeles, 618-622 S Broadway offers a rare ownership opportunity within the acclaimed Broadway Theater and Commercial District. This Spanish Colonial structure, originally constructed in 1928 for the renowned Schaber’s Cafeteria, combines historic character with contemporary retail potential. The property’s distinctive terra cotta façade, intricate wrought-iron detailing, and arched bay windows emphasize architectural craftsmanship while creating high street-level visibility ideal for branding and customer draw.
Situated along one of downtown’s most vibrant pedestrian corridors, the property benefits from remarkable foot traffic driven by nearby shopping, entertainment, residential developments, and hospitality venues. Broadway’s renaissance has attracted national brands, creative businesses, and cultural institutions, ensuring sustained tenant demand and investment upside. Convenient access to Pershing Square Station, multiple Metro lines, and major arterials, coupled with proximity to Union Station and regional freeways, enhances connectivity across the metropolitan area.
This asset presents flexibility for flagship retail, dining, or experiential concepts, supported by demographics favoring downtown living and entertainment. Ownership here represents a chance to secure a piece of Los Angeles’ architectural and cultural legacy while capitalizing on the escalating popularity of the urban core.
Situated along one of downtown’s most vibrant pedestrian corridors, the property benefits from remarkable foot traffic driven by nearby shopping, entertainment, residential developments, and hospitality venues. Broadway’s renaissance has attracted national brands, creative businesses, and cultural institutions, ensuring sustained tenant demand and investment upside. Convenient access to Pershing Square Station, multiple Metro lines, and major arterials, coupled with proximity to Union Station and regional freeways, enhances connectivity across the metropolitan area.
This asset presents flexibility for flagship retail, dining, or experiential concepts, supported by demographics favoring downtown living and entertainment. Ownership here represents a chance to secure a piece of Los Angeles’ architectural and cultural legacy while capitalizing on the escalating popularity of the urban core.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
28,563 SF
Building Class
B
Year Built/Renovated
1928/2012
Tenancy
Single
Building Height
2 Stories
Building FAR
2.90
Lot Size
0.23 AC
Zoning
C5 - C2 Uses, Limited Floor Area for Manufacturing of CM Zone Type, R4 Uses
Frontage
63’ on S Broadway
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- Basement
- 9,963 SF
- Retail
- -
- Now
- 1st Floor
- 9,300 SF
- Retail
- -
- Now
Bonus 8,172 Square Feet of Rooftop Space
| Space | Size | Space Use | Position | Available |
| Basement | 9,963 SF | Retail | - | Now |
| 1st Floor | 9,300 SF | Retail | - | Now |
| 2nd Floor | 9,300 SF | Retail | - | Now |
Basement
| Size |
| 9,963 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 9,300 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 9,300 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size | 9,300 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Bonus 8,172 Square Feet of Rooftop Space
Exceptionally walkable
100/100
Exceptionally drivable
90/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5144-002-020 | Improvements Assessment | $11,872,249 |
| Land Assessment | $3,847,339 | Total Assessment | $15,719,588 |
Property Taxes
Parcel Number
5144-002-020
Land Assessment
$3,847,339
Improvements Assessment
$11,872,249
Total Assessment
$15,719,588
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618-622 S Broadway
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