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201 Marine Ave
Newport Beach, CA 92662 Balboa Island

$4,395,000 USD

Office For Sale • 2,005 SF

Property Details

Property Type Office
Total Building Size 2,005 SF
Lot Size 0.06 AC
Building Class C
Year Built 1933
Tenancy Multiple
Zoning RSC-R

20 Transit Score

60 Walk Score

                
                    Highlights
                
                                Prime corner location on Marine Avenue with strong foot traffic
                            
                                100% occupied three-unit retail/office investment
                            
                                $201,033 NOI with built-in rent increases
                            
                                One of the most recognizable storefront properties on Balboa Island
                            
                                Recently renovated with strong in-place tenancy
                            
                                Low operating expenses with stable income profile

Property Flyers

201 Marine Offering Memorandum

Amenities

Signage
Central Heating
Recessed Lighting
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Tustin (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	16 min	-	9.2 mi
Airport	Drive	Walk	Distance
John Wayne/Orange County	12 min	-	6.6 mi
Long Beach (Daugherty Field)	35 min	-	26.8 mi
Ontario International	60 min	-	42.0 mi

Ryan Gunderson 949-873-3841 Arbor Real Estate

201 Marine Ave Newport Beach, CA 92662 Balboa Island