$ 100,000
5751 E Pacific Coast Hwy #E3 Long Beach, CA 90803
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Listed by Khuong Nguyen • Frontier Realty Inc
$ 100,000
Est. payment /mo
New
5751 E Pacific Coast Hwy #E3 Long Beach, CA 90803
UPDATED:
09/24/2024 04:43 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW-24051488
Year Built 2022
Property Description
Just lowed purchase price from $250,000 to $100,000 Pho & Crawfish House benefits from a prime location in Bixby Village Plaza, drawing in approximately 44,800 weekly visitors, ensuring visibility to locals and passersby. With a huge parking lot to serve your clients. Situated near high-traffic intersections such as 7th Street, Bellflower Boulevard, and Pacific Coast Highway, the restaurant attracts commuters, travelers, and locals, with significant vehicle traffic of approximately 95,000 and 60,000 cars daily. Proximity to Target and the VA Medical Center, serving 2,200 employees and 50,000 veterans, enhances the restaurant's appeal. It's strategically positioned for convenience, catering to diverse clientele. Close proximity to California State University, Long Beach, with a sizable student population of around 40,000, offers a steady stream of customers seeking quality dining options. Minutes away from Belmont Shore, renowned for its vibrant atmosphere and dining options, Pho & Crawfish House serves as an attractive destination for residents and visitors alike. Prospective buyers have the opportunity to reimagine the restaurant's concept, leveraging its prime location and existing infrastructure for culinary innovation. Following a successful 2022 renovation resulting in increased sales and profits, Pho & Crawfish House is poised for continued growth and prosperity under new ownership, with the option to acquire existing assets. In summary, Pho & Crawfish House's prime location, strategic positioning, adjacency to key establishments, proximity to educational institutions, convenience to Belmont Shore, flexibility for concept change, and post-renovation success make it an appealing investment opportunity in Long Beach's dynamic dining scene.
Location
State CA
County Los Angeles