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5101 E Ocean Blvd
Long Beach, CA 90803
Club Ripples and Granada Street Liquor · Retail Property For Sale

Investment Highlights

  • Outstanding Beach-Front Oriented Location
  • Full Bars, Outdoor Cabanas, Private Lounges, Dance and Entertainment Areas
  • Great Owner/User or Redevelopment Opportunity

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,141 SF
Building Class
B
Year Built/Renovated
1949/1974
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.28
Lot Size
0.11 AC
Zoning
LBCN
Frontage
53’ on E Ocean Avenue

About 5101 E OCEAN BLVD , LONG BEACH, CA 90803

Marcus & Millichap is pleased to present the exclusive marketing of the real estate and business opportunities of Club Ripples and Granada Liquor and Deli. The property’s origins officially started in May of 1949, when the first of many building permits were issued by the city of Long Beach for a 600 square feet ice- cream store. In 1974, the current owners of the property took over and started the legacy of the now renowned nightclub, entertainment venue, and adjoining liquor store. Currently, the property consists of approximately 6,141 square feet of rental area, with approximately 1,120- square foot of patio area. Granada Deli and Liquor at 12 Granada Avenue, Long Beach operates a type 21 – off-sale general license. Club Ripples has operated since 1974 as a bar, nightclub, dance hall, and entertainment venue with a type 68 – portable bar, type 58 – caterer permit, and type 48 – on-sale general public licenses. The Club also enjoys acess to over 250 parking spaces after 4:00pm at the Granada Beach parking lot across East Ocean Boulevard. Club Ripples is one of the longest running bars in Long Beach and a staple of Belmont Shore nightlife. The property is just steps from Granada Beach and near the Belmont Veterans Memorial Pier in the heart of the highly desirable Belmont Shore residential community. The property is also conveniently near the popular retail, entertainment, and dining district of Belmont Shore’s 2nd Street that offers more than 250 unique upscale boutiques, specialty shops, and a myriad of coffee shops, cafes, casual dining taverns, and electric international specialty restaurants. The general trade area includes successful restaurants, bars, and lounges such as Saint and 2nd, Nick’s on 2nd, Simmzy’s Pub, Legend’s Sports Bar, Lucille’s BBQ, Joe’s Crab Shack, Crab Pot, and the Boathouse House on the Bay, Gladstone’s PF Changs, Kings Fish House, and Bubba Gump Restaurant. Belmont Shore is near Downtown Long Beach Business District that also provides unique destinations, both historic and new, that attract over six million visitors annually. One of the city’s most revered attractions, The Queen Mary arrived in Long Beach in 1967 and has since impressed millions of visitors with its art deco interiors and glimpses into a bygone era. PLEASE CALL FOR DETAILED OFFERING MEMORANDUM

Property Taxes

Property Taxes

Parcel Number
7247-022-021
Land Assessment
$198,878
Improvements Assessment
$567,687
Total Assessment
$766,565
  • Listing ID: 9814120

  • Date on Market: 10/31/2017

  • Last Updated:

  • Address: 5101 E Ocean Blvd, Long Beach, CA 90803

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