Newport Beach, CA 92662,308 Marine AVE
Newport Beach, CA 92662,308 Marine AVE
Newport Beach, CA 92662,308 Marine AVE
26
$2,680,000
$2,895,000
7.4%
Est.Price: ?

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2,178 Sqft Lot

308 Marine AVE Newport Beach, CA 92662

Est. payment /mo
SOLD DATE : 08/15/2024

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Key Details

Sold Price $2,680,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID LG24116980

Sold Date 08/15/24

HOA Y/N No

Year Built 1948

Lot Size 2,178 Sqft

Property Description

This multi-unit mixed use property is now available for purchase with nothing else like it on the market. Location, location, location! 308 Marine benefits from high customer foot traffic from locals and tourists alike visiting the iconic Balboa Island and famous shops like Dad's Donuts and Sugar 'n Spice Original Frozen Banana located next door. Located on the first block of Marine Avenue and seen by visitors as they come onto the island, 308 Marine boasts 30 feet of store frontage. With tons of curb appeal, one retail unit faces Marine Avenue with a quaint courtyard leading to two additional retail units. Upstairs there are two remodeled studio apartments with shared balcony. The property also has two single car garages currently being used as retail storage.

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Rooms

Other Rooms Living Quarters

Interior

Heating Radiant, See Remarks

Cooling None

Fireplace No

Laundry Stacked, Upper Level

Exterior

Fence Wood

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description Across the Road from Lake/Ocean,Ocean Side Of Highway

Roof Type Composition

Present Use Commercial,Investment,Residential

Building

Lot Description Rectangular Lot, Street Level

Story 1

Water Public

Additional Building Living Quarters

Others

Tax ID 05015115

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Maura Short • Compass • 949-233-7949
Bought with Maura Short • Compass

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JT Contrestano

Broker Associate | License ID: 01920263

+1(559) 360-2931

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