5246 2nd St Long Beach, CA 90803-5329

This exceptional 2,020 sq. ft. single-tenant retail space in Long Beach's Belmont Shore, located at 5246 E. 2nd Street (cross street: Covina Ave), Los Angeles County, CA 90803, presents a unique opportunity. Recently renovated in 2024, this one-story building boasts over $1 million in upgrades, including a new HVAC system, plumbing, raised parapet, shared 1,500-gallon grease interceptor, and completely rebuilt bathrooms. All high-quality furnishings, fixtures, and equipment (FF&E) are included for $150,000 key money—a significant savings compared to new buildout costs. The modern kitchen is fully equipped with all necessary appliances and a large grease trap, ensuring immediate operational readiness. This prime location offers a turnkey solution for restaurateurs seeking quick market entry and operational continuity in a thriving neighborhood. The property is situated in a high-traffic area and benefits from excellent visibility. This is an exceptional opportunity to acquire a fully operational restaurant space with significant recent improvements, minimizing start-up costs and maximizing immediate return. The property type is retail, specifically a restaurant, and is located in a desirable area of Long Beach.