Urban-High Street
737 Pine Avenue
737 Pine Ave, Long Beach, CA 90813
Listing Price: $4,500,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a 13,600-square-foot retail building on 15,817 square feet of land in a premier infill location. Offered below replacement cost at just $330 per square foot, the asset provides significant value and future upside. Currently occupied by month-to-month tenants, the site is well-positioned for repositioning or redevelopment.
Fronting 106 feet on Pine Avenue and located within an Opportunity Zone, the property benefits from immediate access to transit and flexible development parameters. Just 0.5 miles from a major Metro Blue Line station, the property qualifies for reduced parking under AB 2097 and remains in substantial compliance with existing entitlements per the City of Long Beach.
Located in Southern California’s vibrant coastal hub, Long Beach is a key city in the greater Los Angeles area. With access to major highways (I-405, I-710, I-605), the Long Beach Airport, and neighboring economic centers like Orange County and Downtown Los Angeles, the site enjoys excellent connectivity.
This offering combines prime real estate fundamentals—location, density, visibility, and access—making it an ideal acquisition for investors and retailers looking to capitalize on Long Beach’s continued urban growth and pedestrian-driven activity.
737 Pine Avenue
Investment Highlights
- High-Visibility 13,600 Square Foot Storefront Retail – Ideal for an Owner-User or Investor Seeking a Prime Infill Location with Upside.
- Below Replacement Cost Pricing – Offered at Just $330 Per Square Foot
- Prime Location: Situated Downtown Long Beach, Adjacent to the Metro Blue Line, Offering High Walkability (Walk Score: 97 – Walker's Paradise).
- Repositioning or Redevelopment: All Tenants are MTM | Zoned PD30, Allowing for High-Density Multifamily Development with Reduced Parking Requirements.
- Entertainment Nearby – The Pike Outlets, Shoreline Village, East Village Arts District, Aquarium of the Pacific, and the Long Beach Convention Center.
- Strong Five-Mile Demographics – 411,000+ Residents with an Average Household Income of $101,572
- Strong Five-Mile Demographics – 411,000+ Residents with an Average Household Income of $101,572
- 737 Pine Avenue presents an opportunity to acquire a well-located, highly-walkable retail investment with upside in a dense and developing area of Long Beach, California.
Exclusively Listed By
Listing Price: $4,500,000
Investment Highlights
- High-Visibility 13,600 Square Foot Storefront Retail – Ideal for an Owner-User or Investor Seeking a Prime Infill Location with Upside.
- Below Replacement Cost Pricing – Offered at Just $330 Per Square Foot
- Prime Location: Situated Downtown Long Beach, Adjacent to the Metro Blue Line, Offering High Walkability (Walk Score: 97 – Walker's Paradise).
- Repositioning or Redevelopment: All Tenants are MTM | Zoned PD30, Allowing for High-Density Multifamily Development with Reduced Parking Requirements.
- Entertainment Nearby – The Pike Outlets, Shoreline Village, East Village Arts District, Aquarium of the Pacific, and the Long Beach Convention Center.
- Strong Five-Mile Demographics – 411,000+ Residents with an Average Household Income of $101,572
- Strong Five-Mile Demographics – 411,000+ Residents with an Average Household Income of $101,572
- 737 Pine Avenue presents an opportunity to acquire a well-located, highly-walkable retail investment with upside in a dense and developing area of Long Beach, California.
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a 13,600-square-foot retail building on 15,817 square feet of land in a premier infill location. Offered below replacement cost at just $330 per square foot, the asset provides significant value and future upside. Currently occupied by month-to-month tenants, the site is well-positioned for repositioning or redevelopment. Fronting 106 feet on Pine Avenue and located within an Opportunity Zone, the property benefits from immediate access to transit and flexible development parameters. Just 0.5 miles from a major Metro Blue Line station, the property qualifies for reduced parking under AB 2097 and remains in substantial compliance with existing entitlements per the City of Long Beach. Located in Southern California’s vibrant coastal hub, Long Beach is a key city in the greater Los Angeles area. With access to major highways (I-405, I-710, I-605), the Long Beach Airport, and neighboring economic centers like Orange County and Downtown Los Angeles, the site enjoys excellent connectivity. This offering combines prime real estate fundamentals—location, density, visibility, and access—making it an ideal acquisition for investors and retailers looking to capitalize on Long Beach’s continued urban growth and pedestrian-driven activity.
Exclusively Listed By
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