100 W Coast

    Newport Beach, CA 92663
    • $299,000
    • STATUS: Active
    • ON SITE: 64 days
    • ID#: OC19269224
    UPDATED: 52 min ago
    $299,000
    • 0
      BEDS
    • 0.77
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    LOCATION, LOCATION!! This is a very popular full service restaurant in the beautiful city of Newport Beach where locals and tourists have come for the best French and Mediterranean food. The establishment offers Spirits and Hookah bar. This is the only restaurant in Newport Beach with a Hookah bar license which brings a lot of income for the restaurant. This restaurant serves breakfast, lunch, and dinner 7 days a week. There are 190 parking spaces on a 3 level parking structure that this restaurant shares with 5 other businesses in the building. This restaurant has the capacity for 70 guests to dine in. It also has a large patio for dining outdoor. All equipment, furniture, and fixtures are included in the sales price.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-01-25T13:29:18.45. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

    www.sdluxe.com/homes/101169243

    100 W Coast Newport Beach, CA 92663

    • Price: $299,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: OC19269224
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.77
    Acres
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    LOCATION, LOCATION!! This is a very popular full service restaurant in the beautiful city of Newport Beach where locals and tourists have come for the best French and Mediterranean food. The establishment offers Spirits and Hookah bar. This is the only restaurant in Newport Beach with a Hookah bar license which brings a lot of income for the restaurant. This restaurant serves breakfast, lunch, and dinner 7 days a week. There are 190 parking spaces on a 3 level parking structure that this restaurant shares with 5 other businesses in the building. This restaurant has the capacity for 70 guests to dine in. It also has a large patio for dining outdoor. All equipment, furniture, and fixtures are included in the sales price.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Total 190.00

    Interior Features

    Seating Capacity 70

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Business Name Xanadu Cafe Business Type Restaurant Country Us Gross Operating Income 500000.00 Hours Owner Works 10 Leasable Area 1500.00 Leasable Area Units Square Feet Number Of Full Time Employees 1 Number Of Part Time Employees 8 Reason For Selling illness Total Actual Rent 6000.00 Year Established 2016 Years Current Owner 2

    Listing provided courtesy of Mike Zandvakili of Realty Benefit


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-01-25T13:29:18.45. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

     
    Crudo & Associates | Willis Allen Real EstateLa Jolla
    1131 Wall St.
    La Jolla CA, 92037