Description​​

1940 Freeman Ave in Signal Hill is a 7,740 SF industrial building on a 13,502 SF lot just off PCH and Obispo, near Long Beach. The property was built for single tenant use and later subdivided into 2 units, with British American Motorcycles occupying appx. 60% of the space and Branch & O’Keefe Performance for Harleys occupying appx. 40% (plus appx 2,500 SF of mezzanine storage). This is an excellent value-add opportunity, as rents are significantly under market and the property has been in the same family for over 25 years. The existing leases expire March 2026, leaving multiple options for the Buyer. This could be a future owner-user space, and there is flexibility on how the building is subdivided, so the Buyer could occupy either unit with some reconfiguration, or occupy 100% in the future. There are 2 ground level roll-up doors and heavy power. There is also a large gated parking lot for parking and/or storage. A rare opportunity with stable tenants in an excellent location.

 

Location

Nearby to popular destinations like, the Queen Mary, the Aquarium of the Pacific & the Museum of Latin American Art. Ideal location for business with multiple food location, stores & entertainment venues. Less than 3 miles away from the Long Beach Airport. Less than 3 miles away from California State University of Long Beach. Nearby Food: Panini’s, Ono Hawaiian BBQ, Chick-Fil-A, In-N-Out, Naga Cafe, Sophy’s & Casa Sanchez. Nearby Stores: Whole Foods, Trader Joes, Ralphs, CVS, ACE Hardware, Best Buy, Office Depot & Sprouts