USACASignal Hill1940 Freeman Ave
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$2,200,000

1940 Freeman Ave, Signal Hill, CA

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 1
Approx. Age 1972
MLS® Number 25572355

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® Number25572355
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelInside
Exposure
Exterior
GarageNo
Approx. Age1972
Stories0
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNone
A/C
Heating Fuel

Extras

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