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325 Marine Ave
Newport Beach, CA 92662
Balboa Island Retail Storefront & Residential · Retail Property For Sale
Investment Highlights
- Coastal Newport Beach Location / Balboa Island | Iconic Location in Newport Beach
- Lack of Available Storefront Space - Limited Retail and Storefront Leasing Opportunities
- Potential Redevelopment Opportunity with 2 Adjacent Lots in High Barrier of Entry Market
- Highly Desired Storefront Location: Coastal Retail Shops | Restaurants and Cafés | Retail/Restaurant Synergy
- Extremely Upscale Demographics – Coastal Orange County – Balboa Island | Median Home Value Over $4 Million (Dec, 2023 – Realtor.Com) | AHHI + $214,000
- Trophy Real Estate Investment - Pride of Ownership Investment
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,688 SF
Building Class
C
Year Built
1952
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.71
Lot Size
0.12 AC
Zoning
Commercial - Per the city of Newport Beach, Commercial (Stores, Retail Outlet) (329 Marine - APN:32) & Commercial (Store, Office Combo) (325 Marine - APN:31)
Frontage
21’ on Marine Ave
Amenities
- Signage
- Waterfront
Property Taxes
| Parcel Number | 050-152-31 | Improvements Assessment | $128,110 |
| Land Assessment | $2,115,890 | Total Assessment | $2,244,000 |
Property Taxes
Parcel Number
050-152-31
Land Assessment
$2,115,890
Improvements Assessment
$128,110
Total Assessment
$2,244,000
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