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Single-Tenant Industrial

Auto Repair Facility on a Large Corner Lot

401 W Pacific Coast Hwy, Long Beach, CA 90806

Listing Price: $1,050,000

Cap Rate
2.44%
Gross SF
2,919
Price/Gross SF
$359.71
Lot Size
0.18 acres
Year Built
1969
Rentable SF
2,919

Investment Overview

This sale offers the opportunity to purchase an established auto repair facility on a large lot in Long Beach, California. Located on a corner parcel along Pacific Coast Highway, the property benefits from a highly visible site with traffic counts of over 40,000 vehicles per day. Financing options are available, including attractive SBA loans for qualified buyers. The subject property, located at 401 West Pacific Coast Highway, consists of a single parcel for a total of 7,928 square feet of land. The property has been improved with a 5-bay automotive repair facility that is approximately 2,919 square feet. The building is of concrete block construction and features 3 automotive lifts, a dyno, airlines, office space, a reception area and a large interior storage area. Utilities to the site include water, sewer and electricity. Electrical service is by way of a single panel: 400A, 240V, 3Ph. Situated on the northwest corner of Pacific Coast Highway and Chestnut Avenue, the subject property is located in highly visible location and benefits from a traffic count of over 40,000 vehicles per day. The site offers two points of ingress/egress providing excellent access to the secured yard and parking area. The lot is flat and rectangular, is paved in concrete and has an existing pylon for mounting a sign. The property is less than ¾ of a mile from a freeway access point, less than 2 miles from Downtown Long Beach and has a bus stop directly in front of the property. Numerous loan options are available including attractive SBA financing for qualified buyers. Please contact the listing agent for more information. 401 West Pacific Coast Highway offers the opportunity to purchase a well-maintained auto repair facility in a high-visibility location. The property has attributes that provide for functionality and attractive underlying value and is suitable for owner/users and investors alike.

Investment Highlights

  • Auto Repair Facility on a Large Corner Lot
  • Located on Pacific Coast Hwy – Over 40,000 Vehicles/Day
  • Two Points of Ingress/Egress – Great Access to Secured Yard/Parking
  • Concrete Block Building – 2,919 SF | Large Lot - 7,928 SF
  • 5 Repair Bays, 3 Lifts, Dyno, Air Lines, 400 Amp 3-Phase Electrical Service
  • SBA Financing for Qualified Buyers

Exclusively Listed By

Financing By

Single-Tenant Industrial

Auto Repair Facility on a Large Corner Lot

Listing Price: $1,050,000

Cap Rate
2.44%
Gross SF
2,919
Price/Gross SF
$359.71
Lot Size
0.18 acres
Year Built
1969
Rentable SF
2,919

Investment Highlights

  • Auto Repair Facility on a Large Corner Lot
  • Located on Pacific Coast Hwy – Over 40,000 Vehicles/Day
  • Two Points of Ingress/Egress – Great Access to Secured Yard/Parking
  • Concrete Block Building – 2,919 SF | Large Lot - 7,928 SF
  • 5 Repair Bays, 3 Lifts, Dyno, Air Lines, 400 Amp 3-Phase Electrical Service
  • SBA Financing for Qualified Buyers

Investment Overview

This sale offers the opportunity to purchase an established auto repair facility on a large lot in Long Beach, California. Located on a corner parcel along Pacific Coast Highway, the property benefits from a highly visible site with traffic counts of over 40,000 vehicles per day. Financing options are available, including attractive SBA loans for qualified buyers. The subject property, located at 401 West Pacific Coast Highway, consists of a single parcel for a total of 7,928 square feet of land. The property has been improved with a 5-bay automotive repair facility that is approximately 2,919 square feet. The building is of concrete block construction and features 3 automotive lifts, a dyno, airlines, office space, a reception area and a large interior storage area. Utilities to the site include water, sewer and electricity. Electrical service is by way of a single panel: 400A, 240V, 3Ph. Situated on the northwest corner of Pacific Coast Highway and Chestnut Avenue, the subject property is located in highly visible location and benefits from a traffic count of over 40,000 vehicles per day. The site offers two points of ingress/egress providing excellent access to the secured yard and parking area. The lot is flat and rectangular, is paved in concrete and has an existing pylon for mounting a sign. The property is less than ¾ of a mile from a freeway access point, less than 2 miles from Downtown Long Beach and has a bus stop directly in front of the property. Numerous loan options are available including attractive SBA financing for qualified buyers. Please contact the listing agent for more information. 401 West Pacific Coast Highway offers the opportunity to purchase a well-maintained auto repair facility in a high-visibility location. The property has attributes that provide for functionality and attractive underlying value and is suitable for owner/users and investors alike.

Exclusively Listed By

Financing By

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