2900 Newport Boulevard

    Newport Beach, CA 92663
    • $4,189,000
    • STATUS: Active
    • ON SITE: 49 days
    • ID#: OC19206125
    Price Reduced
    UPDATED: 88 min ago
    $4,189,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,000
      SQFT
    • $1,396
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1990
    County:

    School Ratings & Info

    Description

    Price drop $600,000! A one of a kind Generational Asset on prime corner double lot in Charming /Historic Cannery Village on the Balboa Peninsula. The least expensive commercial restaurant on the market in NB. A free standing corner restaurant building includes private parking lot. This iconic property has a commercial kitchen, walk in refrigeration, 12 ft hood, grease trap, chef's line, F,F & E's. Two separate dining rooms, a granite top bar area. The spacious upstairs offices features multiple storage rooms, an large manager's office suite with ocean view, and a full bath with shower. Downstairs flooring Limestone and upstairs tiled throughout. Beautiful Pella Windows (19). A well maintained property with too many upgrades to mention. Excellent street frontage (100 ft) on busy Newport Blvd. 33,000 vehicles per day. Three blocks walking distance to the new Lido House Hotel and Lido Marina Village. This property is ideally located in the midst of restaurants, luxury residences, beaches, harbor and major new developments. A generational asset in this location rarely comes available on the market. The nearby Lido theater is now a home venue for the Newport Beach Film Festival. The Cannery Village in Newport Beach is filled with the arts and this former fish canning district is nicknamed the +G+Montmartre by the Sea.+G- Buyer to verify lot and property square footage if a factor in the purchase. Zoning Visitor Commercial. Total 30 parking. Seller motivated bring all offers.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-17T09:35:33.16. 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/98427554

    2900 Newport Boulevard Newport Beach, CA 92663

    • Price: $4,189,000
    • Status: Active
    • Updated: 88 min ago
    • ID#: OC19206125
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,000
    SQFT
    $1,396
    $/SQFT
    1990
    Built
    Neighborhood:
    N8 - West Newport - Lido
    County:
    Orange
    Area:
    N8 - West Newport - Lido
    Property Description
    Price drop $600,000! A one of a kind Generational Asset on prime corner double lot in Charming /Historic Cannery Village on the Balboa Peninsula. The least expensive commercial restaurant on the market in NB. A free standing corner restaurant building includes private parking lot. This iconic property has a commercial kitchen, walk in refrigeration, 12 ft hood, grease trap, chef's line, F,F & E's. Two separate dining rooms, a granite top bar area. The spacious upstairs offices features multiple storage rooms, an large manager's office suite with ocean view, and a full bath with shower. Downstairs flooring Limestone and upstairs tiled throughout. Beautiful Pella Windows (19). A well maintained property with too many upgrades to mention. Excellent street frontage (100 ft) on busy Newport Blvd. 33,000 vehicles per day. Three blocks walking distance to the new Lido House Hotel and Lido Marina Village. This property is ideally located in the midst of restaurants, luxury residences, beaches, harbor and major new developments. A generational asset in this location rarely comes available on the market. The nearby Lido theater is now a home venue for the Newport Beach Film Festival. The Cannery Village in Newport Beach is filled with the arts and this former fish canning district is nicknamed the +G+Montmartre by the Sea.+G- Buyer to verify lot and property square footage if a factor in the purchase. Zoning Visitor Commercial. Total 30 parking. Seller motivated bring all offers.
    Exterior Features

    Construction Materials StoneStucco Fence YN Yes Fencing Chain LinkWood Lot Features Corner LotLandscapedLevel With StreetLot 6500-9999Irregular LotNear Public TransitSprinkler SystemUtilities - OverheadValue In Land Lot Size Source Assessor Lot Size Units Square Feet Parking Total 30.00 Roof ConcreteSpanish Tile Waterfront Features Across The Road From Lake/OceanBeach AccessFishing in CommunityMarina in CommunityOcean Access

    Interior Features

    Condo Area Units Square Feet Cooling Central AirDual Cooling YN Yes Heating Central Heating YN Yes Laundry Features None

    Property Features

    Additional Parcels YN No Asset Class OfficeRetailSpecialty Building Area Units Square Feet Building Status Existing Business Type Arts And EntertainmentBakeryBar/Tavern/LoungeBuild To SuitButcherCandy/CookieCommercialDeli/CateringDoughnutFast FoodFood & BeverageFranchiseHealth FoodHospitalityIce Cream/Frozen YogurtReal EstateRentalRestaurantRetailSingle-TenantStand-Alone Country Us Current Use Comments Equipped Restaurant Exclusions Personal Property Inclusions F F & E. Photos Not Current With Respect To Ff And E's. Buyer To Perform inspection Of Current inventory Of Ff And E's Investment Property YN Yes Land Lease YN No Land Use Retail Laundry YN No Leasable Area Units Square Feet Lease Considered YN Yes Lot Dimensions Source Assessor Max Total Area Units Square Feet Min Total Area Units Square Feet Occupancy Available Property Sub Type Retail Retail Center Type Community/Specialty Security Features 24 Hour SecurityFire And Smoke Detection SystemFire Sprinkler SystemSecurity System Special Listing Conditions Standard Sprinklers YN Yes Total Monthly Rent 14500 Utilities Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailablePhone AvailablePhone ConnectedSewer ConnectedWater Connected Water Source Public Year Built Source Assessor

    Listing provided courtesy of Cynthia Klanian of Realty Network


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-17T09:35:33.16. 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.
     
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