119 23rd St - Storefront Retail/Residential FOR SALE


Newport Beach, CA 92663
$3,295,000 USD
949-422-6657
119 23rd St, Newport Beach, CA for Sale
$3,295,000 USD
Storefront Retail/Residential - FOR SALE
1/8
null | Request Cap Rate

119 23rd St
Newport Beach, CA 92663


OVERVIEW

Rare opportunity on the 100 block of the Newport Peninsula, vacant building ready for ocean-close development, with mixed use potential for commercial down and residential up. Oversized lot offers many choices for development, including possible second-story water views to harbor and ocean. Property is vacant and being sold "As Is." Zoning MU-W2. Buyer to verify all property details that factor into the purchase, including but not limited to what can be built on property.

FOR SALE DETAILS

PRICE

$3,295,000 USD

PRICE/SF

$1,350 USD /SF

CAP RATE

Request Cap Rate

% LEASED

0%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

MW-W2

APN/PARCEL ID

047-142-23

ASK ABOUT THIS PROPERTY

Chuck IversonChuck Iverson DRE#01241096More Info
949-422-6657

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Chuck IversonChuck Iverson DRE#01241096More Info
949-422-6657

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.