Investment Overview

This sale offers the opportunity to purchase a port-adjacent warehouse with a secure yard area. The building is one of the nicest in the westside of Long Beach. Seller-financing is available to qualified buyers. The subject property, located at 1500 West Cowles Street consists of a single parcel for a total of 4,977 square feet of land. The property has been improved with an industrial warehouse that has 3,830 square feet of rentable building area. The warehouse has an office buildout of approximately 500 square feet, and is otherwise open warehouse space. The building is of concrete tilt-up construction (which is desirable and rare for this size of building), has a clear height of 16.5’ and offers clearspan warehouse space (with no supporting posts in the middle of the warehouse.) There are ground level roll-up doors on the front and rear of the building. There is a secured yard behind the warehouse that can be accessed from the warehouse as well as by an alley. The yard is approximately 1,400 square feet and is paved in concrete. Utilities to the site include water, sewer and electricity. Electrical service is by way of two panels: 200A, 240V, 3Ph and 60A, 240V 1Ph. Situated on the southwest corner of Cowles Street and Caspian Avenue, the site is in a port-adjacent location that is only 1.5 miles to Pier C. The corner location provides for high visibility and favorable access to the yard space. The property is adjacent to the 710 freeway and is ½ mile from a freeway access point. Zoning on the site is LBIG, which is a heavy industrial zoning designation that permits for numerous industrial uses. The site has dimensions of 40’ wide by 125’ deep, is flat and is rectangular in shape. 1500 West Cowles Street offers the opportunity to purchase one of the nicest port-adjacent buildings in the westside of Long Beach. The property has attributes that provide for functionality and attractive underlying value, and is suitable for owner/users and investors alike. Seller-financing is available to qualified buyers.