Long Beach, CA 90805 5991 Atlantic Avenue

5991 Atlantic Avenue Long Beach, Ca - Image 1
Presented By: Jaime Sutachan with South Bay Executive Realty, Inc.; 310-890-4643
  • MLS# SB24054472
  • 03/18/2024
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  • FootageSQFT • 1,488

Home Details

For Sale: Iconic Drive-Thru Restaurant with Liquor License in Bustling Long Beach! Nestled in the heart of Long Beach, a legendary culinary landmark is now available for acquisition for the first time in a decade. El Pollo Imperial, renowned for its delectable offerings and unparalleled service, presents an extraordinary opportunity for aspiring restaurateurs or seasoned investors looking to make their mark in this vibrant community. Prime Location: Situated at the bustling intersection of Atlantic Blvd and E 60th St, El Pollo Imperial commands attention with 83' frontage on Atlantic Blvd and 115' frontage on E 60th St. This strategic location ensures maximum visibility and accessibility, drawing in both locals and visitors alike. Established Brand: With a decade-long legacy, El Pollo Imperial has become an integral part of Long Beach's culinary landscape. Its stellar reputation and loyal customer base provide a solid foundation for continued success under new ownership. Drive-Thru Convenience: Boasting a fully equipped drive-thru facility, El Pollo Imperial caters to the fast-paced lifestyles of modern consumers. Additionally, ample parking space for up to 10 cars further enhances the convenience factor, making it a preferred destination for patrons on the go. Turnkey Operation: The sale includes all essential equipment, from commercial-grade hoods and restaurant appliances to freezers and tables, ensuring a seamless transition for the new owner. Whether you're an experienced restaurateur or a first-time buyer, El Pollo Imperial offers a turnkey opportunity to step into a thriving business from day one. Liquor License Included: In addition to the restaurant's assets, the sale encompasses a valuable liquor license, opening up exciting possibilities for expansion and increased revenue streams. With the ability to serve alcoholic beverages, the potential for growth and diversification is virtually limitless. Flexible Options: While the owner is open to selling El Pollo Imperial along with the property, they are also willing to consider selling the property vacant, providing prospective buyers with the flexibility to explore alternative concepts and reimagine the space according to their vision. Don't Miss Out on this Extraordinary Opportunity! Whether you're an entrepreneur with a passion for hospitality or an investor seeking a lucrative venture, El Pollo Imperial offers the perfect blend of tradition, innovation, and profitability.
Presented By: Jaime Sutachan with South Bay Executive Realty, Inc.; 310-890-4643

Interior Features for 5991 Atlantic Avenue

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixAvenue
Total Stories1

Other Rooms

Entry Level1

General for 5991 Atlantic Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeFoodBeverage, Restaurant, Rental
Carport Y/NNo
CityLong Beach
CountyLos Angeles
Days on Market8
DirectionsAtlantic and 60th St.
Expected Active Date 2024-03-20
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Conventional, Item1031Exchange
Lot Size Square Feet9615.0
MLS Area7 - North Long Beach
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy DescriptionOwner
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalSpecialPurpose
Property SubTypeSpecialPurpose
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameAtlantic
View Y/NNo
Waterfront Y/NNo
Year Built1983

Exterior for 5991 Atlantic Avenue

Building Area Total1488.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.2207
Lot Size Area9615.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,500,000
MLS#SB24054472
List Date 03/18/2024
Property Type Commercial
Phone 714.964.3311
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