Prime Restaurant Space Available in Downtown Long Beach’s Premier Location at 200 Pine Ave.

 

Long Beach, CA – Situated at the bustling intersection of Pine Avenue and Broadway, 200 Pine Avenue presents an exceptional opportunity to lease a prime restaurant and retail space in the heart of Downtown Long Beach. This premier 7,966-square-foot second-generation restaurant and entertainment space includes approximately 329 square feet of bonus patio area, ideal for vibrant dining, nightlife, and experiential retail concepts.

200 Pine Avenue, a landmark building fully renovated in 2022, features expansive storefront windows with over 120 feet of prominent street-facing exposure. This space includes dedicated covered parking and benefits from immediate proximity to major civic landmarks, including City Hall, Billie Jean King Public Library, George Deukmejian County Court House, and the recently expanded Long Beach Convention & Entertainment Center. Public transit options, including the Metro A Line, are conveniently located just one block away.

Downtown Long Beach is currently experiencing unprecedented growth and investment:

• Over 5,000 residential units have been constructed since 2014, with an additional 1,787 units under construction and 1,276 units proposed or pending approval, underscoring a significant residential and mixed-use boom in the area. 
• The recent opening of the luxurious Fairmont Breakers Hotel on Ocean Boulevard provides upscale hospitality and dining, further enhancing the area’s appeal. The historic Breakers Hotel has been transformed into the luxurious Fairmont Breakers Long Beach, reopening on November 19, 2024, after a $150 million renovation. This 185-room hotel now features world-class dining, including the revived Sky Room restaurant, and a rooftop lounge offering panoramic ocean views. ​
• The groundbreaking of the highly anticipated Hard Rock Hotel just two blocks from 200 Pine Avenue will bring a vibrant new entertainment and hospitality venue to Downtown. Construction is underway for a 31-story Hard Rock Hotel, set to open in mid-2027, just three blocks from 200 Pine Avenue. This development will include 429 rooms, a music venue, and will revitalize the historic Jergins Tunnel as a speakeasy, further enhancing the area’s appeal as a vibrant entertainment district.
• Long Beach is poised to host several high-profile events during the Los Angeles 2028 Olympics, including handball, BMX racing, sailing, water polo, triathlon, open-water swimming, and marathon swimming, positioning the city for significant international exposure and visitor traffic.

“This location at 200 Pine Avenue represents an exceptional opportunity for any restaurant, bar, nightclub, or experiential retail operation seeking to leverage the significant pedestrian traffic and vibrant energy of Downtown Long Beach,” said Noel Aguirre, Principal at Lee & Associates. “With its ideal positioning amidst these exciting developments, tenants at 200 Pine Avenue will have the unique opportunity to significantly enhance their business presence in one of Southern California’s most dynamic urban cores.”

Paul Diamond, Senior Principal of Bascom, stated “200 Pine is a visual landmark of Downtown Long Beach. The abundant window line is provided by a smaller floorplate, and there is top of the building monument signage available.” Located in the heart of the Pine Avenue entertainment district offering numerous restaurants, Altar Society Brewing Company and shopping, this building finds itself located within two blocks of City Hall, Billie Jean King Public Library, George Deukmejian County Court House, and the State Building (as well as two blocks from the new expanded Convention Center). Located on Local Downtown Transit Route (runabout shuttle every 10 minutes) and the Metro A Line is one block from the building.

David Kim, Managing Partner of Bascom, added “200 Pine is in the heart of the Pine Avenue entertainment district, with numerous retailers and restaurants, such as Altar Society Brewing Company. This building is within two blocks of City Hall, Billie Jean King Public Library, George Deukmejian County Court House, the State Building, and the newly expanded Long Beach Convention & Entertainment Center.” Various public transportation options are available to tenants, such as a downtown transit route and the Metro A Line, one block from the building. Discover the modern turnkey offices at 200 Pine and have access to all Long Beach has to offer.

Visit our website at http://www.rtlcollab.com/200pine and LoopNet at https://www.loopnet.com/Listing/200-Pine-Ave-Long-Beach-CA/6380655/

About Bascom:  Bascom is a private equity firm specializing in value-added multifamily, commercial, and non-performing loans and real estate related investments and operating companies. Bascom sources value-added and distressed properties including many through foreclosure, bankruptcy, or short sales and repositions them by adding extensive capital improvements, improving revenue, and reducing expenses by realizing operational efficiencies through implementation of institutional-quality property management.  Bascom, founded by principals Derek Chen, Jerry Fink, and David Kim, is one of the most active and seasoned buyers and operators of apartment communities in the U.S. Since 1996, Bascom has completed over $21.4 billion in multifamily value-added transactions encompassing 357 multifamily properties and over 91,000 units. Bascom’s commercial transaction volume is $5.8 billion in total and amounts to over 23.4 million square feet. Bascom has ranked among the top 50 multifamily owners in the U.S. Bascom’s subsidiaries and joint ventures include the Bascom Value Added Apartment Investors, Shubin Nadal Associates, Spirit Bascom Ventures, REDA Bascom Ventures, Bascom Northwest Ventures, Bascom Arizona Ventures, Harbor Associates, Village Partners Ventures, and Realm Group. Bascom’s subsidiaries also include Premier Workspaces, one of the largest privately held executive suite, coworking and shared workspace companies in the U.S. For additional information, please visit www.bascomgroup.com.