For Sale
$1,500,000

3498 7Th St Long Beach, CA 90804

Prime Long Beach restaurant, vacant, owner-user.

Overview

Added:
Dec 11, 2024
Days on market:
133
This 1,210 sq ft vacant restaurant building in Long Beach, CA presents a unique owner-user or investment opportunity. Situated on a 6,067 sq ft lot at a hard corner location on E 7th St, this former Pizza Hut boasts high visibility with over 36,000 vehicles passing daily. The property features ample parking (20 spaces), excellent signage opportunities (including pylon signage and 3-street frontage), and is conveniently located near major retailers, schools, and attractions including Smart & Final, Woodrow Wilson High School, and California State University, Long Beach. Built in 1967, the building includes a grease trap, restrooms, kitchen hood, sufficient power, a 3-compartment sink, cleaning station, walk-in cooler, and floor drains. Strong demographics in the area include 257,025 people within a 3-mile radius, with an average household income of $93,932. The asking price is $1,500,000 ($1,239.67/sq ft), with land valued at $247/sq ft. The property is zoned LBCCP and offers significant potential for a variety of QSR or restaurant concepts. This is a rare opportunity to acquire a well-located, established building in a thriving Long Beach neighborhood. The property is vacant and ready for immediate occupancy or redevelopment.

Highlights

  • $1,500,000 asking price for a 1,210 SF vacant former Pizza Hut restaurant building.
  • Located on a 6,067 SF lot in Long Beach, CA, with 20 parking spaces.
  • High visibility hard corner location on a major thoroughfare with 36,000+ vehicles per day.
  • Strong demographics: 257,025 people within a 3-mile radius, average household income of $93,932.
  • Proximity to national retailers and key Long Beach landmarks.

Property Details for 3498 7Th St

Property type
Retail properties, Restaurants
Square Feet
1,210 SF
Year Built
1967
Buildings
1
Stories
1
Units
1

Location Insight

City
Long Beach
County
Los Angeles
State
California
Latitude
33.7752596
Longitude
-118.1515856

FAQs

What type of property is this?
Retail property - Prime Long Beach restaurant, vacant, owner-user.
Where is the retail property located?
The property is located at 3498 7Th St Long Beach, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: $1,500,000 asking price for a 1,210 SF vacant former Pizza Hut restaurant building.; Located on a 6,067 SF lot in Long Beach, CA, with 20 parking spaces.; High visibility hard corner location on a major thoroughfare with 36,000+ vehicles per day.
How can I contact the broker?
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3498 7Th St
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