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2400 E 7th St 2,884 SF Retail Building Long Beach, CA 90804 $1,500,000 ($520.11/SF)
Executive Summary
Coldwell Banker Commercial BLAIR is proud to present a rare opportunity to acquire a true Long Beach landmark in Rose Park.
2400 E. 7th Street – Formerly “The Prospector”
Since the 1960s, the widely known and beloved steakhouse Haskell’s Prospector, more commonly referred to as The Prospector, has been a Long Beach landmark. This approximately 2,884 SF freestanding building sits on about 3,210 SF of land and is ideally suited for a restaurant, bar, or adaptive reuse concept. The property includes the opportunity to acquire a valuable Type 47 ABC liquor license, providing immediate operational potential for food and beverage users.
The offering includes the rights to the Prospector name and associated branding.
2414 E. 7th Street – Dedicated Parking Lot
This approximately 6,757 SF parcel is adjacent to the restaurant/ bar and features 20 on-site parking spaces, including two ADA-compliant stalls. This parking lot is a major asset, providing accessibility and convenience to customers and staff. This offering presents a unique chance to reimagine an iconic property while benefiting from its established presence in one of Long Beach’s most vibrant Rose Park corridors.
2400 E. 7th Street – Formerly “The Prospector”
Since the 1960s, the widely known and beloved steakhouse Haskell’s Prospector, more commonly referred to as The Prospector, has been a Long Beach landmark. This approximately 2,884 SF freestanding building sits on about 3,210 SF of land and is ideally suited for a restaurant, bar, or adaptive reuse concept. The property includes the opportunity to acquire a valuable Type 47 ABC liquor license, providing immediate operational potential for food and beverage users.
The offering includes the rights to the Prospector name and associated branding.
2414 E. 7th Street – Dedicated Parking Lot
This approximately 6,757 SF parcel is adjacent to the restaurant/ bar and features 20 on-site parking spaces, including two ADA-compliant stalls. This parking lot is a major asset, providing accessibility and convenience to customers and staff. This offering presents a unique chance to reimagine an iconic property while benefiting from its established presence in one of Long Beach’s most vibrant Rose Park corridors.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,884 SF
Building Class
C
Year Built
1921
Price
$1,500,000
Price Per SF
$520.11
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.87
Lot Size
0.08 AC
Zoning
CNR, Long Beach - (CNR) District is a mixed-use district permitting small scale commercial uses and/or moderate density residential development at R-3-T densities.
Parking
23 Spaces (7.98 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Monument Signage
- Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,004,700 | |
| Land Assessment | $1,264,800 | Total Assessment | $2,269,500 |
Property Taxes
Parcel Numbers
Land Assessment
$1,264,800
Improvements Assessment
$1,004,700
Total Assessment
$2,269,500
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2400 E 7th St
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