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2205 N Broadway 1,950 SF Retail Building Los Angeles, CA 90031 $953,723 CAD ($489.09 CAD/SF)
Investment Highlights
- Freestanding building with strong Broadway visibility.
- Beer sales permitted onsite and offsite from 9 AM to 1 AM daily.
- Located in Lincoln Heights near major redevelopment projects including the $1B LA River restoration.
- Grandfathered bar use with Type 40 liquor license.
- High ceilings, flexible layout, and basement storage.
- Situated in both an Enterprise Zone and Opportunity Zone, offering potential tax benefits.
Executive Summary
2205 N Broadway offers a unique opportunity to acquire a freestanding commercial property in the heart of Lincoln Heights, one of Los Angeles’ most historic and culturally vibrant neighborhoods. Built in 1896, this property combines historic character with modern zoning advantages, including its location within the LAC2 State Enterprise Zone and Opportunity Zone, which may provide tax incentives and redevelopment flexibility.
The building features 1,950 SF of ground-level space and a 566 SF basement, offering high ceilings and a flexible layout. Currently operating as a pool hall and beer bar, the property includes a grandfathered Type 40 liquor license allowing onsite and offsite beer sales from 9 AM to 1 AM daily. Its prominent Broadway frontage ensures strong visibility and accessibility, while proximity to Downtown LA, Chinatown, Echo Park, and Frogtown enhances its long-term value.
With major nearby projects such as the $1 billion LA River restoration and the Lincoln Heights Jail adaptive reuse, this property presents significant upside for investors or owner-users seeking a historically rooted asset with redevelopment potential in a rapidly evolving submarket.
The building features 1,950 SF of ground-level space and a 566 SF basement, offering high ceilings and a flexible layout. Currently operating as a pool hall and beer bar, the property includes a grandfathered Type 40 liquor license allowing onsite and offsite beer sales from 9 AM to 1 AM daily. Its prominent Broadway frontage ensures strong visibility and accessibility, while proximity to Downtown LA, Chinatown, Echo Park, and Frogtown enhances its long-term value.
With major nearby projects such as the $1 billion LA River restoration and the Lincoln Heights Jail adaptive reuse, this property presents significant upside for investors or owner-users seeking a historically rooted asset with redevelopment potential in a rapidly evolving submarket.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
1,950 SF
Building Class
C
Year Built
1896
Price
$953,723 CAD
Price Per SF
$489.09 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.90
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
LAC2 - LAC2 - LA State Enterprise Zone and Opportunity Zone
Amenities
- Signage
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (71)
Nearby Major Retailers
Property Taxes
| Parcel Number | 5204-002-019 | Improvements Assessment | $622,404 CAD |
| Land Assessment | $746,883 CAD | Total Assessment | $1,369,287 CAD |
Property Taxes
Parcel Number
5204-002-019
Land Assessment
$746,883 CAD
Improvements Assessment
$622,404 CAD
Total Assessment
$1,369,287 CAD
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2205 N Broadway
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