1923 E BROADWAY, LONG BEACH, CA – AUCTIONED
Turnkey restaurant with liquor license! 1,150 SF building with enclosed patio and tree-lined dining courtyard; lot size is 5,000+ SF. Sale includes real estate, furniture, fixtures, equipment and Type 47/58 liquor license.
Court Confirmation with Overbid on August 31, 2016. See Public Notice of Sale under the More Information tab for details.
The subject property is surrounded by properties having similar uses. Historically this area of Patterson has been agriculture in nature being
primarily permanent plantings of almonds, apricots and peaches. Over the past eight years there has been a continuing transition from
agriculture to industrial and commercial uses in the immediate neighborhood. During recent years Kohl’s department store CVS drug store
and W.W. Grainger have opened large warehouse/distribution centers adjacent to the subject property. Most recently is the completion of
the 1,000,000 square foot warehouse/distribution center for Amazon. Patterson Joint Unified School District has purchased land for a future
school site. Keystone Industrial Park has also been developed which includes space for small to mid-sized commercial light industrial tenants
and the Arambel Business Park has been completed. This industrial park is situated directly adjacent to the subject property on the west side
of Rogers Road and includes approximately 1,100 acres that will be zoned light industrial/commercial.
The boundaries to be Zacharias Road on the north, Baldwin Road on the east, Highway 5 on the west and Sperry Avenue on the south. The subject property is situated on the south side of Zacharias Road approximately 684’east of Rogers Road. The subject property has approximately ¼ mile of frontage on Zacharias Road and 858’ of frontage on Rogers Road.
This sale is conducted under the terms of the US Bankruptcy court
Buyer agent commission 2%
Proof of funds to close required with offer