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Executive Summary

Rare industrial opportunity in Wilmington! This 5,500 sq. ft. freestanding industrial building is offered at $2,000,000 and is ideally located near the Port of Los Angeles with convenient access to the 110, 710, and 405 freeways.
The property features a high-clearance warehouse, roll-up loading access, an open and versatile floor plan, and ample storage. Ideal for warehousing and distribution, contractor operations, pipe and plumbing supply, light manufacturing, and other permitted industrial uses.
Potential for state and locally licensed cannabis operations, subject to all required city approvals, zoning regulations, and licensing requirements. Buyer to independently verify all zoning, permitted uses, and suitability for their intended use.

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Property Facts

Price $2,000,000
Price Per SF $363.64
Sale Type Investment or Owner User
Cap Rate 7%
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Storefront
  • General Retail Storefront Retail/Residential
Building Class C
Lot Size 0.20 AC
Rentable Building Area 5,500 SF
No. Stories 1
Year Built 1990
Parking Ratio 1.45/1,000 SF
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning LAC2

Amenities

  • Yard

Utilities

  • Lighting
  • Heating
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
7423-013-030
Land Assessment
$206,809
Improvements Assessment
$295,449
Total Assessment
$502,258
  • Listing ID: 41939886

  • Date on Market: 8/29/2026

  • Last Updated:

  • Address: 650 N Broad Ave, Wilmington, CA 90744

Contact the Sale Advisor

650 N Broad Ave

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