For Lease
$52.68/SF/YR

5246 2Nd StLong Beach, CA 90803

Turnkey Restaurant, Long Beach, CA

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
113
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.

Highlights

  • 2,020 SF of rentable space available in Belmont Shore.
  • High visibility with 33,500 ADT on 2nd Street.
  • Excellent location in a vibrant, walkable Belmont Shore retail district.
  • High foot traffic from nearby businesses.
  • Strong co-tenancy including Starbucks, Tilly's, Banana Republic, and numerous restaurants.

Property Details for 5246 2Nd St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
2,020 SF
Year Renovated
2024
Stories
1

Unit(s) available at that property

Space
Size
2,020 SF
Rate per SF
$52.68

Location Insight

City
Long Beach
County
Los Angeles
State
California
Latitude
33.7596505
Longitude
-118.134164
5246 2Nd St, Long Beach, California

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Contacts

Nathan Holthouser
Nathan Holthouser
James Lehigh
James Lehigh
Visit Broker Website

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5246 2Nd St, Long Beach, California, 90803

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

5246 2Nd St
  • Nathan Holthouser
    Nathan Holthouser
  • James Lehigh
    James Lehigh
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