655 Pine Avenue/114 W. 7th Street
- Prime Downtown Location
- Prominent Corner Parcel
- Pine Avenue Frontage
- Height Incentive Area
- Multi Family/Retail Development Opportunity
- Excellent walkability & Transit
- Strong Urban Infill Opportunity
Property Description
Coldwell Banker Commercial Blair is pleased to list 655 Pine Avenue for sale - an exceptional corner development opportunity in the heart of Downtown Long Beach. Located at the prominent intersection of Pine Avenue and 7th Street, this property offers excellent visibility and exposure along one of Downtown Long Beach’s most active commercial corridors. The corner parcel presents a compelling redevelopment opportunity, with potential for a commercial retail center or mixed-use retail/residential development, subject to applicable zoning and approvals. The property is situated within the Downtown Plan Area and the Height Incentive Area, providing an attractive planning and development framework for future investment. With its strategic location, prominent corner position, strong pedestrian and vehicular activity, and proximity to Downtown Long Beach amenities, this lot represents an outstanding opportunity to capitalize on the continued growth and revitalization of Downtown Long Beach.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,550,000 |
| No. of Units: | 100 |
| Year Built: | 1923 |
| Lot Size: | 0.17 Acres |
| Opportunity Zone: | No |
| Price per unit: | $15,500 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
QOZ Development Opportunity with Future Tier 2 CCH
San Diego, CaliforniaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout