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341 S Broadway 45,726 SF Vacant Retail Building Los Angeles, CA 90013 $7,673,600 CAD ($167.82 CAD/SF)



INVESTMENT HIGHLIGHTS
- Irreplaceable Historic Broadway location adjacent to Grand Central Market and Angels Flight
- Constant daily pedestrian traffic driven by tourism, dining, and cultural anchors
- Highly adaptable multi-level space supporting retail, showroom, office, or experiential uses
- Compelling entry basis materially below current Downtown Los Angeles replacement cost
- Immediate access to multiple Metro lines and regional transit connections
- Steps from historic Grand Central Market — one of LA’s most visited dining destinations
EXECUTIVE SUMMARY
Anvers Capital Partners and Peak Commercial, acting as exclusive advisors, present for sale 337–345 South Broadway, a rare opportunity to acquire approximately 38,900 square feet of tenant-usable retail and creative office space in the heart of Downtown Los Angeles’ Historic Core, directly adjacent to major cultural and pedestrian anchors including Grand Central Market, Angels Flight, the Million Dollar Theatre, and Pershing Square.
The property consists of two interconnected multi-level buildings featuring prominent street-level glazing and extended Broadway frontage, second-floor creative office layouts with strong natural light, and expansive full basements offering flexible potential for showroom expansion, event space, and support uses. The floorplate configuration supports a wide range of strategies, from single-tenant flagship occupancy to curated multi-tenant retail and creative concepts seeking maximum visibility within one of DTLA’s most authentic and heavily trafficked pedestrian corridors.
The subject benefits from its placement within a district where historic architecture, tourism, hospitality, and an expanding residential population intersect. Grand Central Market alone serves as one of Southern California’s most visited food destinations, driving continuous foot traffic from residents, office workers, and visitors seven days a week, while nearby cultural destinations such as the Walt Disney Concert Hall, The Broad, and Bunker Hill further reinforce the area as a year-round activity hub. Immediate proximity to both the Pershing Square and Historic Broadway Metro stations provides efficient transit connectivity throughout the region, enhancing convenience for employees, customers, and tourists alike.
The property consists of two interconnected multi-level buildings featuring prominent street-level glazing and extended Broadway frontage, second-floor creative office layouts with strong natural light, and expansive full basements offering flexible potential for showroom expansion, event space, and support uses. The floorplate configuration supports a wide range of strategies, from single-tenant flagship occupancy to curated multi-tenant retail and creative concepts seeking maximum visibility within one of DTLA’s most authentic and heavily trafficked pedestrian corridors.
The subject benefits from its placement within a district where historic architecture, tourism, hospitality, and an expanding residential population intersect. Grand Central Market alone serves as one of Southern California’s most visited food destinations, driving continuous foot traffic from residents, office workers, and visitors seven days a week, while nearby cultural destinations such as the Walt Disney Concert Hall, The Broad, and Bunker Hill further reinforce the area as a year-round activity hub. Immediate proximity to both the Pershing Square and Historic Broadway Metro stations provides efficient transit connectivity throughout the region, enhancing convenience for employees, customers, and tourists alike.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
45,726 SF
Building Class
B
Year Built
1940
Price
$7,673,600 CAD
Price Per SF
$167.82 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
5.53
Lot Size
0.19 AC
Zoning
LAC2 - Neighborhood Commercial
Parking
24 Spaces (0.52 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5149-015-040 | Improvements Assessment | $0 CAD |
| Land Assessment | $31 CAD | Total Assessment | $31 CAD |
PROPERTY TAXES
Parcel Number
5149-015-040
Land Assessment
$31 CAD
Improvements Assessment
$0 CAD
Total Assessment
$31 CAD
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341 S Broadway
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