601 PineLong Beach, CA 90802

Description

601 Pine Avenue presents a rare opportunity to lease a substantial commercial property in the heart of Downtown Long Beach. The approximately 42,321 SF freestanding building was formerly occupied by Rite Aid and offers a flexible multi-level layout suitable for retail, grocery, specialty market, showroom, fitness, office, education, creative, storage, service-oriented, or other commercial uses, subject to applicable approvals. Rite Aid historically utilized the property as a multi-level retail department store. More recently, the ground floor was used for active retail sales, while the basement, mezzanine, second floor, and third floor were used primarily for inventory storage and support uses. The approximately 2,236 SF mezzanine is believed not to be included in the stated building area and may be available at no additional cost in connection with the first-floor space. Existing operable refrigeration equipment also remains on-site, providing valuable infrastructure for potential grocery, market, food-related, or similar users. The property may be leased in its entirety to a single large user or by individual floor/space, providing flexibility for tenants of different sizes. The ground floor offers approximately 13,567 SF of retail space with approximately 18-foot ceilings, while the basement, second floor, and third floor provide substantial additional space suitable for storage, office, inventory, fulfillment, back-of-house, recreational, educational, or other complementary uses. The rooftop may also offer additional amenity potential, subject to approvals. The property includes approximately 10 parking spaces on the same parcel. The neighboring 127 W 6th Street lot may also be made available and currently provides approximately 21 additional parking spaces, including an ADA space, with potential to restripe for up to approximately 26 spaces, subject to final layout and approvals. More than 1,000 additional City public parking spaces are also located essentially across the street at 50 E 6th Street. The property’s large floor plates, multiple levels, flexible whole-building or floor-by-floor leasing options, existing retail infrastructure, and strong parking availability create a distinctive leasing opportunity in Downtown Long Beach.

Property Information

Property type

Commercial Lease

Sub-type

Mixed Use

Year built

1926

Stories

4

Building area

42,321 Sq Ft

Lot size

0.40 acres

Zoning

PD30

Days on market

21

MLS^® Listing#

PW26224722

Property Features

Lot features

Corner Lot

Water source

Public · Private

Parcel number

7273024018

Directions

Corner of Pine Avenue & 6th Street