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607 E Balboa Blvd
Newport Beach, CA 92661
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Clean and Updated Ready For Move In
  • Flexible Retail/Office Space
  • High Foot Traffic Location

EXECUTIVE SUMMARY

A jewel property located in Balboa Village at the Balboa Pier. This beautiful and updated office/retail location located is the lower unit commercial store front only - the residential condo above is a separate owner. Laminate hardwood flooring, built in kitchenette, inside restroom, plenty of windows for sunlight and with an attached four car garage with one more parking space behind garage in alley is allowed. Two parking spaces on street directly in front of the property as well as large parking area across the street. View of the Ferris Wheel and sail boats from inside the property plus North facing for year-round indirect sunlight. A secured private courtyard is well tropical landscaped tropical separating the property from the four-car garage. This courtyard allows for a lunches or meeting area. Stay cool with a newer HVAC system (just three years old) in the summer months and warm in the cooler months. It is just a few short feet to Newport bay, sandy beaches, the Balboa Island Ferry, active Fun Zone, the Balboa Pier, and historic Main Street. Location is ideal for an office or retail location as there is no better place to call your office. Buyer to cooperate with seller's 1031 exchange such as escrow period, rules, etc. Seller's Choice of Service. Commission paid to MLS members only. All square footages are approximate. Buyer and Buyer's agent should validate square footage of lot and home, prior to submitting an offer, if a factor in the purchase. All showings require a PEAD form from all attendees. Current tenant is vacating on October 31st, 2020.

PROPERTY FACTS

Property Type Retail
Property Subtype
Storefront Retail/Office
  • Flex Showroom
  • General Retail Veterinarian Kennel
  • Office Medical
Building Class C
Lot Size 0.06 AC
Gross Leasable Area 4,998 SF
No. Stories 1
Year Built 1990
Parking Ratio 2.94/1,000 SF
APN / Parcel ID 932-160-35
Zoning Commercial

AMENITIES

  • Signage
  • Storage Space
  • Air Conditioning
  • Listing ID: 20424594

  • Date on Market: 7/27/2020

  • Last Updated:

  • Address: 607 E Balboa Blvd, Newport Beach, CA 92661

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