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108 W 3rd St
Long Beach, CA 90802 Downtown Long Beach

$11,999,999 USD

Restaurant For Sale • 19,745 SF

Property Details

Property Type Restaurant
Total Building Size 19,745 SF
Lot Size 0.23 AC
Building Class B
Year Built 1930
Cap Rate 4.50 %
Tenancy Multiple
Zoning CB, Long Beach

75 Transit Score

98 Walk Score

                
                    Highlights
                
                                 Strategically located in the heart of  Downtown Long Beach
                            
                                 Walking distance to Metro stations, Civic  Center, and dining corridors
                            
                                 Mixed-use visibility with hospitality, retail,  and institutional anchors
                            
                                 Diverse tenant mix with upside potential  and long-term security
                            
                                 Property is surrounded by residential  growth and revitalization efforts

Property Flyers

108 West 3rd Street Long Beach_Sales Brochure (3rd+Pine)

Cap Rate:

4.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Bau's Bagels Inc
Chase Bank
Creative Class Inc
E Cig Inc
Gu Ramen
R Bar

Amenities

Signage

Public Transportation

Transit/Subway	Drive	Walk	Distance
Pacific Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	4 min	0.2 mi
Long Beach Transit Mall (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	5 min	0.2 mi
1st Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	7 min	0.3 mi
5th Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	8 min	0.4 mi
Anaheim Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	5 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	14 min	-	8.5 mi
Los Angeles International	28 min	-	21.9 mi
John Wayne/Orange County	32 min	-	27.9 mi

Mark Landver 310-720-6669 CBRE

108 W 3rd St Long Beach, CA 90802 Downtown Long Beach