5128 2nd Street

Description:

Premier Belmont Shore Owner-User or Investment Opportunity
Rare opportunity to acquire a vacant retail asset in the heart of Belmont Shore, one of Southern California’s most sought-after coastal retail districts. The vacant building allows an owner-user to immediately establish a flagship location on East 2nd Street without lease rollover risk while maintaining long-term flexibility for future occupancy, leasing, or repositioning.

Irreplaceable Location Along East 2nd Street
Positioned on Belmont Shore’s primary retail corridor, the property benefits from exceptional visibility and direct exposure to one of Long Beach’s premier shopping, dining, and entertainment destinations. The corridor serves as the commercial hub for the surrounding coastal communities and continues to attract a strong mix of local, regional, and national retailers.

Rare Dedicated Parking in Belmont Shore
The property features approximately 21 dedicated onsite parking spaces, a rarity within the parking-constrained Belmont Shore submarket. Combined with neighboring public parking and street parking options, the dedicated field enhances accessibility for customers, employees, and future tenants while improving the property’s long-term leasing appeal.

Flexible Multi-Tenant Repositioning Opportunity
The building offers the ability to be demised into multiple retail suites, allowing ownership to diversify tenancy and maximize revenue potential. The configuration can accommodate a range of retail, restaurant, fitness, medical, and service-oriented users. Contact the listing brokers regarding current tenant interest.

Additional Income Potential Through Detached Building
The site includes an approximately 1,700 SF detached building situated within the rear parking area. A future owner may explore conversion to office, creative workspace, or other supplemental income-producing uses, subject to applicable approvals, creating an additional value-add opportunity beyond the primary retail building.

Strong Foot Traffic & Established Retail Corridor
East 2nd Street is a walkable, 14-block retail district known for its vibrant mix of restaurants, boutiques, services, and entertainment venues. The corridor attracts significant pedestrian activity from nearby residents, beachgoers, and visitors, creating an environment that supports a wide variety of retail and service-oriented uses.

Affluent Demographics & Exceptional Consumer Demand
The property is supported by a highly desirable customer base, including average household incomes exceeding to $160,425 within one mile and more than 240,000 residents within three miles. Surrounded by Belmont Shore, Naples, Belmont Heights, and Park Estates, the location benefits from a dense concentration of affluent households that drive consistent retail spending and tenant demand.

Documents: