2300 4Th St, Long Beach, CA 90814
This exceptional restaurant property, located at the gateway to Long Beach's renowned Retro Row arts district, offers a unique investment opportunity. The 6,339 square foot building sits on a 0.32-acre lot and features a prominent corner location at 4th and Junipero Streets. Currently undergoing exterior renovations, including a refreshed façade, bifold doors, enclosed patio seating, outdoor lighting, and misters, the property boasts significant curb appeal. The space was previously home to a long-standing coffeehouse and is now available for lease. Multiple tenancy options exist, with a minimum divisible space of 1,621 square feet and a maximum of 2,282 square feet; 3,903 square feet are currently vacant. The property includes 8 parking spaces and is zoned CNP - Commercial Neighborhood Pedestrian, reflecting its ideal location within a vibrant pedestrian-friendly community. The adjacent spaces were occupied by established businesses, highlighting the strong existing tenant base in the area. This is a rare chance to establish a presence in a highly sought-after location with significant historical significance and ongoing revitalization efforts. The property's prime location and upcoming renovations present a compelling opportunity for a new business to thrive in this established and growing neighborhood. The APN is 7263013014.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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