Marcus & Millichap is pleased to present 631 West Esther Street in the city of Long Beach, California. This sale offers the opportunity to purchase a functional industrial property with a large yard.
The subject property is comprised of a single parcel that measures 10,700 square feet. Two warehouses have been constructed. The first of the two measures 2,550 square feet. It is of concrete block construction and has a 12' clear height. The building is approximately 92 % wide open warehouse space; there is a restroom and small hallway area and is otherwise clearspan warehouse. The second building is approximately 900 square feet. Clear height is 10'. This structure is also clearspan warehouse. Both buildings are outfitted with high quality, steel security doors. Water, sewer, gas and electric are to both buildings. The electric supply is from two meters: 400A, 208V, 3Ph and 100A, 240V, 1 Ph. The roofs on both buildings were recently replaced.
Zoning on the site is LBIG, which is a heavy industrial zoning designation that permits for many uses. The lot is flat and rectangular. Lot dimensions are 75' X 142'. Access is by way of Esther Street as well as the alley. The yard was recently paved in 6" reinforced concrete. There is a high quality steel fence that surrounds the yard. An automatic gate has been installed at the front entrance. Security cameras have been wired throughout the site.
The property is located less than 1/2 mile from the 710 Fwy at Pacific Coast Highway. It has convenient freeway access and is adjacent to the ports of Long Beach and Los Angeles.
631 West Esther Street offers the opportunity to purchase a functional industrial property with a large yard. It is set up in a way that is practical for a number of different types of use and is in turn-key condition. Its attributes and location make this property suitable for owner/users and investors alike. The property is well positioned to benefit from the appreciation that comes along with being located adjacent to an international hub of commerce and it is well positioned to benefit from the growth that has been occurring here for decades.
