Address
3853 Atlantic Avenue, Long Beach, CA
Price
$ 215,000
Property Attributes
  • MLS#IV22166202
  • TypeCommercial
  • CountyLOS ANGELES
  • CityLong Beach
  • AreaBixby - Bixby Knolls - Los Cerritos
  • Zip90807
  • Style
  • Price$ 215,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2127
  • Lot Size9,502 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

A great opportunity for a restaurant with type 41 Beer and Wine license on a busy avenue. The Asset is located on Atlantic Ave. in Bixby Knolls main retail corridor which includes both street retail and shopping centers. Interior and exterior is in wonderful condition as it was built from the ground up in 2018. This current beverage forward driven business is an asset sale with the ability to run as a full service restaurant as it currently has a large underutilized kitchen. Business name or Corporation is not included in the sale. The space has great clientele flow, with the ability to provide breakfast, lunch, and dinner services to meet the neighborhood’s demands. Asset sale includes the list provided by sellers; freezers, refrigerators, stoves, chairs, tables, some list of vendors, the seller will also work with the transferability of the 41 Beer and Wine License. There is great potential with the beer and wine transferable license on this 4.7 star rated coffee and wine shop. The space has accommodated karaoke, live band, djs, and other events. Private parking lot located directly in back of building along with plenty of street parking. Great air-conditioned space with Wi-Fi services. This is subject to the new buyer being approved of lease transfer. Property has a lease with expiration on July 31, 2029, option of another 5 to 10 more years. Lease included Triple Net.

Price History
7/29/2022 Listed $215,000

General Features

Business Type Food & Beverage, Fast Food, Health Food, Restaurant, Retail
Finance Cash, Cash to New Loan
Leasable Area 2127
Listing Agent JOSE SANCHEZ - BRE#01475460
Listing Agent State License 01475460
Lot Size Square Feet 9502
MLS Area 6 - Bixby, Bixby Knolls, Los Cerritos
Property Type Business Opportunity
Status Active

Exterior Features

Lot Size Acres 0.2181
Lot Size Area 9502
Lot Size Source Assessor
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 90807

Price
AVG $90K
$220K
Visits
AVG 35
43
Year Built
AVG 1982
2018
Walkscore
AVG 82
85
Data Provided by Walkscore ® not using MLS data