939 E 4th Street — Sale in Long Beach, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Long Beach, CA 90802
Photos
Investment Figures
- Cap rate
- 6.38%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus and Millichap REIS is pleased to present 939 E 4th Street, Long Beach, CA an approximate 4,000 sq. ft. 2-story vintage mixed-use property on approximately 2,465 sq. ft of land area. The property is located the Alamitos Beach neighborhood adjacent to the East Village Arts District of Downtown Long Beach and adjacent to 4th Street Retro Row, a distinctive Long Beach eclectic retail corridor. The property includes an approximate 2,080 square feet of commercial space divided into 2 restaurant/ bar tenancies front E 4th Street and approximately 1,920 square feet of residential area containing 2-1-bedroom and 1-bathroom and 2-Studio and 1-bathroom units as well as an interior corridor. The ground level includes the Stache Bar, a well-established type-48 licensed local bar which originally opened in July 2009 and in 2020 the operator expanded into the adjoining space and created Sideburns Hamburger Grill. The property is adjacent to Downtown Long Beach as well as The East Village Arts and the 4th Street Retro Row Business Districts, all of which are city’s most established lifestyle districts, known for its collection of independent retailers, galleries, cafés, restaurants, salons, and creative businesses Investment Highlights: • An approximately 4,000 square feet 2-story mixed-use retail and multi-family residential building on a 0.056-acre lot. • Walkable location near restaurants, galleries, boutiques, professional services in and around the East Village Arts District, and the 4th Street Retro Row. • Close proximity to Beaches, The Promenade, Long Beach Waterfront and the Convention & Entertainment Center, including the Queen Mary and the recently opened Long Beach Amphitheatre • Easy access to Metro A Line stations, I-605, I-405, Long Beach Airport and the greater Lo Angeles/Orange County basin.
Market Context
This mixed use in Long Beach, CA is listed for sale. It is offered at an approximate 6.4% capitalization rate, a key benchmark for income-producing mixed use assets. Compare it against other mixed use listings for sale in Long Beach, CA — view the full market.
Contact
- Martin Porter · (562) 257-1233 · martin.porter@marcusmillichap.com
- Kyle Blair · (562) 257-1259 · kyle.blair@marcusmillichap.com
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