2400 E 7th St - Restaurant FOR SALE


Long Beach, CA 90804- Eastside Long Beach
$1,500,000 USD
562-900-2938
2400 E 7th St, Long Beach, CA for Sale
$1,500,000 USD
Restaurant - FOR SALE
1/50
null | Request Cap Rate

NEW


2400 E 7th St
Long Beach, CA 90804
Eastside Long Beach


OVERVIEW

Coldwell Banker Commercial BLAIR is proud to present a rare opportunity to acquire a true Long Beach landmark in Rose Park. 2400 E. 7th Street – Formerly “The Prospector” Since the 1960s, the widely known and beloved steakhouse Haskell’s Prospector, more commonly referred to as The Prospector, has been a Long Beach landmark. This approximately 2,884 SF freestanding building sits on about 3,210 SF of land and is ideally suited for a restaurant, bar, or adaptive reuse concept. The property includes the opportunity to acquire a valuable Type 47 ABC liquor license, providing immediate operational potential for food and beverage users. The offering includes the rights to the Prospector name and associated branding. 2414 E. 7th Street – Dedicated Parking Lot This approximately 6,757 SF parcel is adjacent to the restaurant/ bar and features 20 on-site parking spaces, including two ADA-compliant stalls. This parking lot is a major asset, providing accessibility and convenience to customers and staff. This offering presents a unique chance to reimagine an iconic property while benefiting from its established presence in one of Long Beach’s most vibrant Rose Park corridors.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$520 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,315 SF

ZONING

CNR, Long Beach

APN/PARCEL ID

7262-029-013

ASK ABOUT THIS PROPERTY

Vachel McKeeverColdwell Banker Commercial BLAIRMore Info
562-900-2938

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Vachel McKeeverColdwell Banker Commercial BLAIRMore Info
562-900-2938

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.