700 E Broadway - Restaurant FOR SALE


Long Beach, CA 90802- Downtown Long Beach
$2,850,000 USD
562-301-7293
700 E Broadway, Long Beach, CA for Sale
$2,850,000 USD
Restaurant - FOR SALE
1/47
null | Request Cap Rate

NEW


700 E Broadway
Long Beach, CA 90802
Downtown Long Beach


OVERVIEW

DOWNTOWN LONG BEACH CORNER LOT RETAIL BUILDING FOR SALE! Platinum Properties Real Estate is proud to present 700–720 E Broadway, Long Beach, CA Positioned along the highly traveled Broadway corridor, this property sits just blocks from the beach, the East Village Arts District, and the heart of Downtown Long Beach. The area continues to see strong residential and commercial growth, making this an ideal opportunity for investors or owner users. Property Overview Property Type: @ Unit Retail / Commercial building Address: 700–720 E Broadway, Long Beach, CA 90802 Building Size: 6,351 Square Feet Lot Size: 7,043 Square Feet Zoning: LBPD30 - Located in one of Long Beach’s most active redevelopment zones APN: 7281-021-002 Year Built: 1937 Asking Price: $2,850,000.00 Highlights High visibility corner/near corner frontage Directly across the street from Vons Market Strong pedestrian and vehicle traffic Surrounded by dense multifamily housing and new developments Minutes from Long Beach Convention Center, Shoreline Village, and Metro A Line Excellent owner user potential with income from additional unit Opportunity to reposition, renovate, or re tenant for higher returns The Downtown Long Beach Business District provides one of the city’s most revered attractions, The Queen Mary, as well as tourist-driven destinations including The Aquarium of the Pacific, Shoreline Village, Rainbow Harbor Waterfront and The Pike, making up the Long Beach Convention and Entertainment Center. Other local popular retail spots include Belmont Shore’s 2nd Street, 4th Street Retro Row and the East Village Arts District. Downtown Long Beach is undergoing a major urban revitalization with private and public investment creating significant growth with over $3.5 billion in new investment including over 1,700 residential units recently completed or under construction and an additional 2,300 residential units approved for construction or in the review process. Plus, with upcoming developments tied to the Los Angeles Olympics 2028, this location offers incredible potential as a long-term success!

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$445 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

PD30

APN/PARCEL ID

7281-021-002

ASK ABOUT THIS PROPERTY

Hoyt HochmanPlatinum Properties Real EstateMore Info
562-301-7293

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Hoyt HochmanPlatinum Properties Real EstateMore Info
562-301-7293

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