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Ubuntu "The Greatest Neighborhood Café" 335 Nieto Ave 1,103 SF 4-Star Retail Building Long Beach, CA 90814 $3,000,000 ($2,719.85/SF) 6.38% Cap Rate



Investment Highlights
- indoor and outdoor seating
- On-site public parking
- ADA compliant
Executive Summary
A rare opportunity to own a commercial restaurant building in Belmont Heights, one of Long Beach’s most sought-after coastal neighborhoods, known for its strong local following, walkability, and limited commercial inventory. 335 Nieto Ave is zoned LBCNR – Mixed Use and sits on approximately 3,410 SF of land, featuring a 1,103 SF building currently configured for restaurant use with an attractive layout that accommodates both indoor dining and an expanded outdoor al fresco dining area, creating a larger overall dining experience than the interior square footage alone suggests. The property is presently occupied by the well-known local business Ubuntu, with a lease in place through March 2026, and renewal discussions currently underway. The building offers on-site public parking, ADA compliance, and has been updated and is tenant-ready for restaurant use. Located within walking distance to Colorado Lagoon and Marine Stadium—which is scheduled to host events during the 2028 Summer Olympics—this offering presents an attractive opportunity to acquire a well-located Long Beach commercial asset in a high-demand neighborhood.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,103 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2017
Price
$3,000,000
Price Per SF
$2,719.85
Cap Rate
6.38%
NOI
$191,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.08 AC
Zoning
LBCNR - Neighborhood Commercial and Residential
Frontage
106’ on Nieto Avenue
Amenities
- Bus Line
- Corner Lot
- Restaurant
- Signalized Intersection
- Skylights
- Kiosk/Cart Space
- Air Conditioning
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (80)
Nearby Major Retailers
Property Taxes
| Parcel Number | 7250-026-016 | Improvements Assessment | $415,780 |
| Land Assessment | $320,165 | Total Assessment | $735,945 |
Property Taxes
Parcel Number
7250-026-016
Land Assessment
$320,165
Improvements Assessment
$415,780
Total Assessment
$735,945
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Presented by
Inti Realty
Ubuntu "The Greatest Neighborhood Café" | 335 Nieto Ave
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