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    150 E Broadway Long Beach, CA 90802

    For Sale
    $80,000

    Seafood boil restaurant in downtown Long Beach for sale.

    Building Details

    Year built
    2006

    Source: Keller Williams Realty/Temecula Agent CHRISTINE CHENG

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

    Overview

    Downtown Long Beach Restaurant Opportunity

    Located in the heart of Downtown Long Beach, this restaurant, established in 2023, presents an opportunity for ownership. The 2,200 square foot space is suitable for a seafood boil concept and has an established customer base. The current lease extends to 2028, with an option to extend for an additional 5 years. The rent is currently $8,550. The establishment currently employs 1 full-time and 5 part-time staff. The location is near the 710 freeway and minutes from The Long Beach Convention Center and The Queen Mary. Taking over the franchise is not a requirement, making it a suitable opportunity for other food establishments. This is an asset sale.
    Location Intelligence

    Current Use by Public Records

    Big Catch Seafood ... Seafood Restaurant CBD Oil Long ... Cannabis Store Stinkin Crawfish of Long ... Seafood Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Rosetti's Catering, Savor Smg Catering, LAGUNA AZUL CORPORATION.,DBA: LAGUNA AZUL CATERING, Command of Mass, Armando Tortas Ahogadas

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.193
    Latitude
    33.768956

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    FAQs

    What type of property is this?
    Restaurant - Seafood boil restaurant in downtown Long Beach for sale.
    Where is this restaurant located?
    The property is located at 150 E Broadway Long Beach, CA.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: - Established seafood boil restaurant in a prime Downtown Long Beach location.; - Turnkey operation with a loyal customer base.; - Experienced management team in place, allowing for absentee ownership.
    (213) 458-1975
    Request Owner's contact information
    150 E Broadway Long Beach, CA 90802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 E Broadway Long Beach, CA 90802
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