607 E Balboa Boulevard Unit #B, Newport Beach, CA 92661

$1,100,000
1,700
SqFt
List Price
$1,100,000
Status
ACTIVE
MLS#
NP20149769
Year Built
1990
Living Sq. Ft
1,700
Days on Market
7
Property Type
Commercial
Property Sub Type
Retail

Property Description

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. Tenant has two and a half years on the lease at $3250 per month gross modified as owner pays property taxes - OR - tenant would be able to relocate if buyer desired.

Additional Information

Lot Description
Security Lights, Security System, Smoke Detector(s), Wired for Alarm System
Heat
Central, Electric
Cooling
Yes
Cooling Description
Central Air
Exterior Construction
Stucco
Roof
Spanish Tile
Water
Public
Total Number of Units
4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Marcel Ford from Old Newport Realty

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 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, 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.