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611-615 E Balboa Blvd
Newport Beach, CA 92661 Balboa Peninsula Point

$2,500,000 USD

Storefront Retail Residential Condo For Sale  •  2,350 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 2,350 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1990
  • Tenancy Multiple
  • Zoning CC
30 Transit Score
70 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 611-615 Office/Retail 2,350 SF $2,500,000 USD
  • Unit Size: 2,350 SF
  • Condo Use: Office/Retail
  • Price: $2,500,000 USD
  • Sale Type: Investment
  • Price/SF: $1,063.83 USD
Description
611–615 E. Balboa Boulevard presents an opportunity to acquire the ground floor commercial units of a mixed-use project situated in coastal Newport Beach. The offering consists of three commercial condominium units (Suite 611: ±983 SF) and Suites 613 & 615: combined ±1,460 SF) each benefiting from dedicated garage parking and excellent visibility along the Balboa Peninsula.

Sale Notes
611-615 E. Balboa Boulevard presents a rare opportunity to acquire condominium commercial units in one of Newport Beach's most recognizable coastal settings. Located along the Balboa Peninsula, the property benefits from immediate access to the beach, waterfront recreation, the Balboa Fun Zone, Balboa Pier, Catalina Island ferry service, and the area's established dining and retail destinations. This highly walkable environment supports commercial tenants within a market characterized by limited ocean-close inventory.


The condos offer a desirable combination of beach-oriented lifestyle appeal and long-term ownership potential. The property's location places residents within minutes of Newport Harbor, Balboa Island, Pacific Coast Highway, and John Wayne Airport, providing convenient regional connectivity throughout Orange County and Southern California. Nearby amenities, recreational attractions, and year-round visitor activity contribute to the enduring desirability of the Balboa Village area.

Description 

611-615 E Balboa Blvd is a mixed-use condominium property located in Newport Beach's Balboa Peninsula area. The development was constructed in 1989 and is situated near Balboa Beach, Balboa Pier, Newport Harbor, and Balboa Village. The property provides access to regional transportation routes, coastal recreational amenities, and nearby commercial services.

Highlights

Owner-User Coastal Retail Opportunity - Rare opportunity to own (not lease) ground-floor retail in Newport Beach, with the ability to occupy
Steps From the Beach & Coastal Attractions- Less than 300 feet from Balboa Beach and minutes from the Balboa Fun Zone, boardwalk, and waterfront
±2,443 SF Across Three Retail Suites - Three (3) ground-floor retail suites totaling approximately ±2,443 SF, ideal for owner-users or value-add
Immediate Upside in Leasing two of the vacant units while collecting income from the Nail Salon tenant in the short term

Amenities

  • Bus Line
  • Signage

Public Transportation

AirportDriveWalkDistance
John Wayne/Orange County 17 min - 8.4 mi
Long Beach (Daugherty Field) 40 min - 26.0 mi
Ontario International 66 min - 42.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kyle Kaye 650-281-5553 CBRE
Kyle Kaye 650-281-5553 CBRE