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$4,500,000
New Listing

327 329,331 Marine Avenue
Newport Beach, CA 92662

For Sale|Business|Active
0
Beds
0
Total Baths
1,478
SqFt
$3,045
/SqFt
County:
Orange
Listed by Steve Roose of Luxury Real Estate [email protected]
327 329,331 Marine Avenue327 329,331 Marine Avenue327 329,331 Marine Avenue327 329,331 Marine Avenue
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An exceptional opportunity to acquire a premier, oversized commercial property along iconic Marine Avenue, the heart of Balboa Island's intimately charming shopping and dining district in Newport Beach. Ideally positioned near the entrance to Balboa Island, this property offers outstanding visibility with the highest traffic counts on Marine, expansive and desirable street frontage, and a coveted location within one of Southern California's most distinctive coastal communities. This incredibly rare 40’ oversized lot is 33% larger than the standard lot on Marine and boasts 3 separate upgraded units in addition to a spacious 800 square foot courtyard and private parking space. This property features two prominent Marine Avenue storefronts and an additional rear commercial space with a private courtyard, creating a versatile configuration for retail, dining, specialty services, and other permitted commercial uses. The combination of street-facing exposure and courtyard space provides flexibility for a variety of potential business concepts. Surrounded by popular restaurants, boutique retailers, specialty shops, and the picturesque waterfront of Newport Harbor, this unique property benefits from a steady mix of local residents, seasonal visitors, and tourists who frequent Balboa Island throughout the year. Marine Avenue's pedestrian-friendly atmosphere, charming village character, and limited commercial inventory make it one of Newport Beach's most recognizable destinations. With commercial ownership opportunities on Balboa Island seldom available, this offering represents a compelling opportunity for investors seeking a long-term coastal asset, business owners looking to establish a presence in a prestigious Newport Beach location, and investors interested in positioning capital in an A+ asset location delivering appreciation coupled with the security of 3 successful tenants and proven businesses. Prime location. Limited supply. Exceptional long-term potential. Discover the opportunity to own a piece of Balboa Island's intimate and celebrated Marine Avenue commercial corridor. 327 Marine Avenue - Jasper: 326 SF 329 Marine Avenue - Lukes: 365 SF 331 Marine Avenue - Sundance: 787 SF Total Interior Space: 1,478 SF Rear Courtyard: 800 SF Total SF of Lot: 3,000 SF - 40’ Wide x 75’

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Listing Snapshot
Price 
$4,500,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,478 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0689 Acres
Year Built 
N/A
MLS Number 
NP26244036
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
14 hours agoListing first seen on site
14 hours agoListing updated with changes from the MLS
General Features
Acres 
0.0689
Land Lease 
No
Number Of Stories 
1
Parking Spaces 
1
Property Sub Type 
Business
Special Circumstances 
Standard
SqFt Total 
1478
Water Source 
Public
Zoning 
COM-NEC
Interior Features
Cooling 
DuctlessElectric
Laundry Features 
None
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Exterior Features
Fencing 
Block
Lot Features 
LevelRectangular LotZero Lot Line
Community Features
MLS Area 
N9 - Lower Newport Bay - Balboa Island


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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