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2332 Pacific Ave Long Beach, CA 90806

For Sale
$600,000

Established bar with renovated property and potential residential unit.

Property size:
2,072 SF

Property Features for 2332 Pacific Ave

General Information

Size
2,072 SF

Building Details

Year built
1938

Source: Michael Chang Agent Michael Chang

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Renovated Bar and Real Estate

This offering presents an opportunity to acquire the real estate and business of an established local bar. The 2,072 square-foot property has been fully renovated with over $350,000 in capital expenditures. Renovations include new electrical, plumbing, flooring, bathrooms, roof, and upgrades to the exterior and interior facade. The two-story property features a two-bedroom residential unit upstairs, which may be converted subject to buyer confirmation. The property also includes an outdoor patio and rooftop lounging area. The bar is equipped with a jukebox, newly installed leather booths and barstools, an ATM, and vending machines. Located in North Long Beach (Old Town) on the Pacific Avenue corridor, the property is surrounded by local small businesses in a residential neighborhood, approximately two miles north of Downtown Long Beach. The property qualifies for SBA financing with 10% down. There is an additional opportunity to renovate the patio and rooftop lounge. The property is located in Long Beach, a gateway city between Los Angeles County and Orange County, with a population of over 500,000. Long Beach is home to the Queen Mary, Long Beach Aquarium, and one of the largest shipping ports in the Western US. The property is intended for use as a bar/lounge.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

The Wicked Wolf Cocktail Bar Chimbas Sports Bar Cocktail Bar

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Pit Stop, The Wicked Wolf, La Playa, Chimbas Sports Bar, The getaway bar

Location Insight

  • Map
  • Local Demand
City
Long Beach
County
Los Angeles
State
California
Longitude
-118.1934563
Latitude
33.7995647

FAQs

What type of property is this?
Bar - Established bar with renovated property and potential residential unit.
Where is this bar located?
The property is located at 2332 Pacific Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: - Fully renovated property with over $350,000 in recent upgrades, including new electrical, plumbing, flooring, bathroom, roof, and facade.; - Established and operating bar/lounge business included.; - Property qualifies for SBA financing with 10% down.
More about this property
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