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Ubuntu "The Greatest Neighborhood Café" 335 Nieto Ave 1,103 SF 4-Star Retail Building Long Beach, CA 90814 $4,108,860 CAD ($3,725.17 CAD/SF) 6.38% Cap Rate

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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
$4,108,860 CAD
Price Per SF
$3,725.17 CAD
Cap Rate
6.38%
NOI
$262,145 CAD
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Jazzercise
Philz Coffee
Wells Fargo Home Mortgage
The Buffalo Spot
Denny's
U.S. Bank
Starbucks
WaFd Bank
Chase Bank
9Round

Property Taxes

Property Taxes

Parcel Number
7250-026-016
Land Assessment
$436,622 CAD
Improvements Assessment
$567,016 CAD
Total Assessment
$1,003,638 CAD
  • Listing ID: 39480584

  • Date on Market: 2026-02-18

  • Last Updated:

  • Address: 335 Nieto Ave, Long Beach, CA 90814

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