Listed by SRS Real Estate Partners Newport Beach
$3,895,000
Iconic Newport Blvd Retail
Details
APN 425-451-03, 425-451-04
Property Type Retail
Sub Type Storefront
Square Footage 4,975
Units 5
Occupancy 90%
Tenancy Multi
Price per SqFt $783
Year Built 1929
Buildings 3
Acreage 0.230
Zoning C2: General Business District
Parking Spaces 9 spaces
Parking per 1,000 SqFt 1.81
Investment Type Owner/User
Ground Lease No
Ownership Fee Simple (Land & Building Ownership)
Retail | 4,975 SqFt
Marketing description
SRS Capital Markets is pleased to present 1810 Newport Boulevard — a rare opportunity for a business owner or entrepreneur to acquire a premier owner-user property at one of Orange County's most visible and trafficked intersections. This generational asset is hitting the market for the first time in 75 years. With all tenants operating on a month-to-month basis, a qualified buyer can immediately occupy as much or as little of the building as their business requires while collecting rental income from remaining tenants to help offset holding costs.
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Zoning
C2 CommercialGeneral CommercialGeneral Business
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