BRET LEWIS
Listed by BRET LEWIS
$2,599,000
1445 Santa Fe Ave
Details
APN 7432005057
Property Type Retail, Industrial
Sub Type Distribution, Warehouse
Square Footage 5,786
NOI $2,160,000
Price per SqFt $449
Class C
Year Built 1980
Stories 1
Acreage 0.303
Parking Spaces 22 spaces
Parking Per SqFt 3.80
Ceiling Height 22-ft
Retail | 5,786 SqFt
Marketing description
Heavy Power Top-Tier Four-Suite Masonry Industrial Building on the Westside of Long Beach, built in 1980 and situated on a
0.30-acre lot (approx. 13,000 sf). This Class B masonry non-combustible structure offers 5,786 sf of versatile space with
soaring 22-ft ceilings. It is naturally divisible with two separate addresses and electrical meters—1445 Units A/B and 1447— making it ideal for owner-users, investors, or multi-tenant use. Located in the Long Beach Cannabis Green Zone with a low
cannabis tax rate for cultivation, manufacturing, and distribution, the facility features 3,000 amps, 3-phase electrical service with a 120/240V meter main distribution panel. Climate control includes two 4-ton central HVAC condensers (serving 1445 and
1447) and six mini-splits for custom zoning in offices and specialized areas. The property is supported by 22 onsite parking
stalls thoughtfully distributed across two lots: the front lot along W. Cowles Street provides five standard stalls plus one ADA
stall, while the rear lot accessed from the alley offers nine standard stalls and one ADA stall. Security is comprehensive,
featuring a central burglar alarm system with door and motion sensors, interior and exterior cameras with remote monitoring,
and exterior floodlighting on timers for complete perimeter coverage. Interior highlights include a full-scale commercial
kitchen, four bathrooms, multiple office areas, and high-speed fiber internet supported by an enterprise-grade Ubiquiti Wi-Fi
network. The sale offering includes valuable fixtures and furnishings: a commercial kitchen, with office furniture, stainless
steel tables, and stainless steel shelving available and negotiable. Manufacturing equipment is excluded. The property is
currently leased at $19,000 per month, which is at market rent. The tenant is seeking to relocate to a larger facility and is open
to negotiating a reduction in the remaining lease term, providing flexibility for both immediate investment income or early
owner occupancy. Finally, the offering includes the availability of valuable cannabis licenses—Type N Infusion Manufacturing,
Type 6 Manufacturing, and Type 11 Distribution, each covering both medical and adult-use. These licenses may be negotiated
as part of the transaction, creating a rare opportunity to combine a heavy-power, turn-key industrial facility with cannabis
entitlements in one of the most desirable and business-friendly markets in Southern California.
Listing Contacts
BRET LEWIS
Listed by BRET LEWIS
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$2,160,000.00
$180,000.00/mo
Valuation Metrics
0
DSCR
83.11%
Cap Rate
83.11%
ROI
Map
Zoning
IG IndustrialGeneral Industrial
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