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32874258
32874259

204 RIVERSIDE AVE, NEWPORT BEACH, CA 92663-4011

NH
CA CA 01838616
Coastal Commercial
TC
CA 01478857, CA CA 01478857
Coastal Commercial
RC
CA 01384744
Coastal Commercial
Listed by Coastal Commercial
$2,595,000
18 days on market
Updated 15 days ago

204 RIVERSIDE AVE NEWPORT BEACH CA 92663-4011

Details
APN 049-122-25
Property Type Retail, Mixed Use
Sub Type Storefront
Square Footage 1,900
Units 2
Cap Rate 4.00%
NOI $103,801
Occupancy 100%
Tenancy Single
Lease Type NNN
Year Built 1954
Stories 1
Lot Size (SqFt) 3,903
Ground Lease No

100% Lease, Single Tenant NNN

Marketing description

MARINERS’ MILE REVITALIZATION

SINGLE-TENANT NNN INVESTMENT

RARE UNDER $5 MILLION SINGLE-TENANT OPPORTUNITY

ABUNDANT PUBLIC PARKING

PRIME NEWPORT BEACH LOCATION

HIGH BARRIER-TO-ENTRY MARKET

AFFLUENT COASTAL DEMOGRAPHICS

WALKABLE RETAIL ENVIRONMENT

Investment highlights

Coastal Commercial is pleased to present 204 Riverside Avenue, a rare single-tenant NNN investment opportunity located in the heart of Newport Beach. The approximately ±1,900 SF retail property is positioned within one of Southern California’s most affluent and supply-constrained coastal markets, offering investors stable income, passive ownership, and long-term appreciation potential.

Strategically located near Newport Harbor and surrounded by affluent residential neighborhoods, premier dining, retail amenities, and coastal attractions, the property benefits from strong pedestrian activity and exceptional demographics. The single-tenant NNN lease structure minimizes

landlord responsibilities while providing an attractive investment opportunity for both private and institutional buyers.

204 Riverside Avenue represents one of a few rare opportunities in Newport Beach priced under $5 million, creating a rare entry point into a highly sought-after coastal investment market. Positioned along the rapidly transforming Mariners’ Mile corridor, the property stands to benefit from significant ongoing revitalization efforts, including upgraded retail frontages, mixed-use redevelopment projects, and enhanced waterfront amenities that continue to elevate the area’s appeal as a premier retail and dining destination.

As the only owner-user sized opportunity currently available on Mariners’ Mile, the asset offers exceptional flexibility for investors and future occupants alike. Coupled with Newport Beach’s limited retail inventory, strong barriers to entry, and continued demand for coastal commercial real estate, 204 Riverside Avenue presents a compelling opportunity to acquire a well-located asset with

durable long-term fundamentals and meaningful upside potential.

Listing Contacts

NH
CA CA 01838616
Coastal Commercial
TC
CA 01478857, CA CA 01478857
Coastal Commercial
RC
CA 01384744
Coastal Commercial
Listed by Coastal Commercial

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$103,801.00
$8,650.08/mo

Valuation Metrics

0
DSCR
4%
Cap Rate
4%
ROI

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Additional Information

Name
Nathan Holthouser
License
CA 01838616
Name
Tram Church
License
01478857
Brokerage
Coastal Commercial
Brokerage Phone
9497919089
Title
SVP
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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