951-236-5759
323 Marine Ave, Newport Beach, CA for Sale
Retail - FOR SALE
1/5
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323 Marine Ave
Newport Beach, CA 92662
Balboa Island


HIGHLIGHTS

  • PREMIER LOCATION Nestled in the heart of Balboa Island’s retail district, benefiting from strong foot traffic and high visibility
  • HIGH DEMAND, LIMITED SUPPLY With very few commercial properties available, this opportunity stands out in an exclusive market
  • VERSATILE RETAIL SPACE Ideal for luxury retail, boutique concepts, or experiential brands looking to tap into the area’s affluent customer base
  • PROVEN LONG-TERM VALUE Balboa Island real estate has consistently demonstrated strong appreciation and resilience
  • DESTINATION SHOPPING EXPERIENCE A unique mix of local charm, coastal appeal, and steady visitor traffic makes this a prime retail environment

OVERVIEW

Cushman & Wakefield is pleased to present a prime retail investment opportunity in the heart of Balboa Island, one of Southern California’s most coveted coastal destinations. This highly visible property offers an exceptional storefront presence in a high-foot-traffic location, surrounded by boutique shops, upscale dining, and a steady flow of both affluent residents and year-round visitors. Situated within Balboa Island’s iconic shopping district, this property benefits from limited retail supply and consistently high demand, making it a sought-after opportunity for investors or owner-users. Its versatile layout is well-suited for high end retail, boutique shops, or experiential concepts that capitalize on the island’s charm and prestige. Steps from the waterfront, ferry access, and renowned local landmarks, the property enjoys a dynamic retail environment that blends local patronage with a strong tourism-driven customer base. Balboa Island’s real estate market has long been recognized for its resilience and long-term appreciation. With historically strong fundamentals and a location that continues to draw interest from retailers and investors alike, this property represents a rare chance to secure a foothold in one of Orange County’s most exclusive retail corridors.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,265 SF

ZONING

MU-W2

APN/PARCEL ID

050-152-30

ASK ABOUT THIS PROPERTY

Joseph LisingCushman & WakefieldMore Info
951-236-5759

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Joseph LisingCushman & WakefieldMore Info
951-236-5759

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