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Retail/ Office Shop Space 219 E Broadway
5,200 SF Retail Building Long Beach, CA 90802 $2,577,125 CAD ($496 CAD/SF)
Investment Highlights
- Owner User/ Add Value Opportunity
- Below Replacement Cost
- Since 2019, there has been 3,098 apartments units built within a 15 minute walk of the subject property.
- 3,600 Ground Floor, 1,600 Mezzanine
- Currently, there are 1,620 apartments units under construction in a 12 minute walk from the subject property.
Executive Summary
The subject property is on a soft corner of Broadway and North Waite Court with off street public parking in various parking garages in Downtown Long Beach. There are approximately 8 different public parking garages in a 1 block radius from the subject property. The property is located a 1/2 bock East of The Promenade of Downtown Long Beach, a major destination hub of Long Beach, California and Los Angeles County. Since 2019, there has been 3,098 apartments units built within a 15 minute walk of the subject property. Currently, there are 1,620 apartments units under construction in a 12 minute walk from the subject property.
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Skylights
Space Availability
- Space
- Size
- Space Use
- Position
- Available
219 East Broadway is an approximately 5,200 square foot vacant building on approximately 3,636 square feet of land. The ground floor is approximately 3,600 square feet and the mezzanine (2nd Floor) is approximately 1,600 square feet. The property is reinforced brick. The subject property is on a soft corner of Broadway and North Waite Court with off street public parking in various parking garages in Downtown Long Beach. There are approximately 8 different public parking garages in a 1 block from the subject property. The property is located a 1/2 bock East of The Promenade of Downtown Long Beach, a major destination hub of Long Beach, California and Los Angeles County.
| Space | Size | Space Use | Position | Available |
| Ground | 5,200 SF | Retail | - | Jan 2025 |
Ground
| Size |
| 5,200 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Jan 2025 |
Ground
| Size | 5,200 SF |
| Space Use | Retail |
| Position | - |
| Available | Jan 2025 |
219 East Broadway is an approximately 5,200 square foot vacant building on approximately 3,636 square feet of land. The ground floor is approximately 3,600 square feet and the mezzanine (2nd Floor) is approximately 1,600 square feet. The property is reinforced brick. The subject property is on a soft corner of Broadway and North Waite Court with off street public parking in various parking garages in Downtown Long Beach. There are approximately 8 different public parking garages in a 1 block from the subject property. The property is located a 1/2 bock East of The Promenade of Downtown Long Beach, a major destination hub of Long Beach, California and Los Angeles County.
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 7280-019-015 | Total Assessment | $121,919 CAD (2024) |
| Land Assessment | $110,170 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $11,748 CAD (2024) | Tax Year | 2025 |
PROPERTY TAXES
-
Marc Perlof -
KW Advisors
Presented by
Retail/ Office Shop Space | 219 E Broadway
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