Newport Beach CA Real Estate & Commercial for Sale

THE PROPERTY: Welcome to your slice of paradise on Balboa Island in Newport Beach! This exquisite property offers an unparalleled opportunity to own a top-performing restaurant with two stunning apartments above, all completely rebuilt to perfection in 2015.THE RESTAURANT: Step into the heart of culinary excellence as you enter the spacious and inviting restaurant and bar area. Bathed in natural light pouring through large windows, this space exudes warmth and charm. With ample room for indoor and outdoor seating and a meticulously designed kitchen equipped with top-of-the-line appliances, its a dream canvas for creativity. THE LOCATIONSituated in the heart of Balboa Island, this property enjoys a prime location in one of Newport Beachs most coveted neighborhoods. Surrounded by quaint shops, charming cafes, and scenic waterfront vistas, residents and visitors alike are drawn to the vibrant energy and unparalleled beauty of this coastal community. With easy access to the Balboa Island Ferry, nearby beaches, and an array of recreational activities, the possibilities for adventure and relaxation are endless.

Iconic, mixed-use 2-unit building located in Newport Beachs popular Cannery Village. This Mediterranean-style property offers one residential unit and one commercial office/retail space. Upstairs you will find an extremely large residential unit consisting of 4 bedrooms, 3 of which are en suite, and 3.5 bathrooms. THIS RESIDENTIAL UNIT HAS A SHORT-TERM LODGING PERMIT and is currently being used as a short-term rental. It is a generous 2,117 square feet and boasts peek-a-boo water views of the harbor from the living room and large front sundeck. Updated and remodeled throughout with thoughtfulness to preserve some of the original elements of the vibrant property. A perfectly placed center atrium brings an abundance of natural light into the center of the home. Vaulted ceilings, skylights, and open spaces give a sense of vastness. There is a laundry room conveniently located in the hallway. The primary bathroom has an oversized operable skylight that can be opened for natural air circulation. This residential unit has 2 dedicated garage spaces that are tandem parked. Downstairs you will find a versatile commercial office/retail space that is approximately 1,000 square feet. There is a dedicated bathroom for the commercial space and in the rear, you will find 4 car parking with easy access off the alley. It is currently leased as office space at $3,200 per month with the end of the lease term in mid-June, 2025. You cannot ask for a better location! Centrally located in the heart of the Balboa Peninsula within the charming Cannery Village. The oversized lot size of this property is slightly wider than the typical 30-foot-wide standard lot size found in this area. Most of the mixed-use properties located nearby have a live/work deed restriction that requires the same owner to occupy the residential unit as well as run the downstairs commercial business. This property does NOT have that deed restriction. This means that each unit can be occupied by a completely separate and independent party. Note: The Seller would like to do Seller-Financing for qualified Buyers on terms that are favorable and agreeable to all parties.

Medical condo across from Hoag Hospital and minutes to PCH and the 55 freeway. This attractive unit is located on the 3rd floor of a desirable medical building. One of the few units that has a view. Spacious and versatile space that can be configured to your needs. Currently fitted with waiting room, spacious reception area, two bathrooms, one nurse station, three exam rooms and one doctor's office. Located across the street front HOAG with free parking. Exterior is currently undergoing an extensive remodel. The association covers common area maintenance and janitorial, medical waster, electricity, water and trash, sewer plus quarterly AC filter replacements. Current tenant's lease is set to expire July 2026 paying approximately $4k in rent. Property is labeled as Unit 300.

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and???????????????????????????????????????? accommodations.

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Don't miss this exclusive opportunity to own in Newport Beach's only available Class A office condos. Condominiums range from 2,000 - 10,500 SF and are nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 Star Newport Beach dining and accommodations.

Exclusive opportunity to own in Newport Beach's only available Class A office condos. Condos ranging from 2,000 - 10,500 SF nestled in the peaceful oasis of Koll Center, in a pristine office campus environment. Buyers will enjoy a prestigious location with access to 5 star Newport Beach dining and accommodations.

A rare and unparalleled opportunity arises with the offering of Sugar n' Spice, an enduring symbol of Balboa Island's rich history and community spirit. Established in 1945, this beloved property has stood the test of time, serving as a beacon of nostalgia and culinary delight for nearly eight decades. From its humble beginnings, Sugar n' Spice has woven itself into the fabric of the island, becoming a cherished destination where locals and visitors alike gather to indulge in its signature treats, including Balboa Bars and chocolate-dipped frozen bananas.Beyond its culinary offerings, Sugar n' Spice holds a special place in the hearts of the community, serving as a backdrop for countless memories and shared experiences. Generations of families have frequented this beloved landmark, forging connections and traditions that span lifetimes. With its timeless charm and storied history, Sugar n' Spice presents a unique opportunity for discerning buyers to own a piece of Balboa Island's heritage and continue the legacy of this treasured establishment. The property is mixed-use and offers a great residential unit in the rear of the building. Recent visual upgrades for this expansive three-bedroom and two-bathroom property include new paint, new lighting, new luxury vinyl plank flooring and a new roof. Things that are important also to a prospective Buyer that you might not see are the hardware & lining of the wastewater pipes were replaced and redone, as well as newly replaced drainage pipes in the front shop were also recently completed. The property is being sold in conjunction with the sale of the business through a private attorney.Both the front shop and back unit are both used by the current owner, so there is no lease history. However, based on the comparables on Marine, the current back residential could rent for $4850/month. The last commercial lease on BBI on Marine was at $15.29/square foot, comping this out at $6000/month for the front shop.