235 E. Broadway

About this listing

• Residential Adaptive Re-Use Opportunity in the heart of Downtown Long Beach
• Property adjacent to several new mixed-use projects
• Historic Brick Building with 1920’s features throughout
• Ocean and Queen Mary views from upper floors
• Range of small and large office suites (258 SF – 7,908 SF) currently build out
• Off-ramp Access from the 710 Freeway to Broadway
• Walking Distance to Pine Ave, Long Beach Convention Center, Long Beach Sports Arena, George Deukmejian Courthouse, Long Beach City Hall, and etc.
• Across the Street from the Metro Blue Line
• 55 parking spaces available on-site

Coldwell Banker Commercial BLAIR is pleased to present the property located at 235 E. Broadway on the market for Sale for the first time since 1986! Originally erected in 1923, this historic mixed-use property has ground floor retail with 11 stories of office located directly above, and 7,900 SF of basement for storage. The property consists of approximately 104,754 SF of improvements on approximately 24,792 SF of land. Located in the heart of a vibrant Downtown neighborhood, across the street from the Metro Blue Line, and is within proximity to several large new mixed-use development projects. The highest and best use of this property is a residential adaptive re-use development project that can add +/- 100 new residential units with retail first floor. Lofty ceilings and expansive windows flood the interiors with natural lights and great views, creating an inviting ambiance for modern living. The property’s sturdy framework and solid construction provide a solid foundation to craft chic loft style apartments on this historic canvas. Due to the State of California Assembly Bill Code 2097 and because of proximity to the Metro Blue Line, additional parking for a re-use of the building is not required, the property currently has 55 parking spaces available on-site.
Seize this rare chance to own a piece of history and embark on a journey of transformation. Embrace the past while shaping the future in this remarkable property awaiting its next chapter. Don’t miss out on this extraordinary opportunity to create a new legacy at 235 E. Broadway.

The property is zoned LBPD30, which is within the boundary of the Downtown Plan Area. The roots of this document were formed in a highly social “visioning process” that began in 2006 with the volunteer efforts of a Visioning Committee and input received through public workshops. This initial process resulted in a message that combined words and imagery to convey what the future might of downtown Long Beach would look like. This visioning provided a necessary foundation for the Downtown Plan and, as a reference to that important foundational work.
Going forward, the document will exist as the formal policy document to be used by City Staff daily to (1) keep true to the community’s vision, and (2) provide specific standards and guidelines to reference when working with developers. Allowable uses in the plan would include mixed-use requirements by right as well as retail uses such as restaurants, outdoor dining, business support services, and basic professional and personal services.