2900, Newport Beach, 92663

Commercial - Retail For Sale


MLS® #: OC20068857
Active, 60 Days on Market

A one of a kind generational asset on a prime corner double lot. This iconic retail property benefits from excellent street frontage (100) ft on busy Newport Blvd, over 33,000 vehicles per day. This free standing retail building includes an second parcel for private parking. Currently build out as a restaurant with a commercial kitchen, walk-in refrigerator, 12 ft hood, grease trap, chef's line, F,F & E's. Two story construction with large dining areas downstairs and multiple storage rooms, large manager's office suite with ocean view, full bath/ shower upstairs. A pride of ownership, well maintained property with limestone and tiled flooring throughout, Pella Windows (19), new lighting and landscaping. Ideally situated on the Balboa Peninsula in the Cannery Village, walking distance to the new Lido House Hotel, Lido Marina Village in the midst of restaurants, luxury residences, beaches, harbor, many new developments, and nearby Lido theater home venue for the Newport Beach Film Festival. The Cannery Village nicknamed the “Montmartre by the Sea,” is the trendiest artsy village in Newport Beach. This historic neighborhood is under transition as the old warehouses used for Canning Fish are being redeveloped into mixed use properties enhancing the charm of this pedestrian oriented neighborhood. Its the OC version of Soho/Venice. Buyer to verify lot and building square footage if a factor in the purchase. Zoning Commercial Visitor. Owner/User can convert to other uses.

Essential Information

MLS® #: OC20068857
Price: $4,499,999
Acres: 0.16
Year Built: 1990
Type: Commercial
Sub-Type: Retail
Status: Active

Community Information

Address: 2900
Area: West Newport - Lido (N8)
City: Newport Beach
County: Orange
State: CA
Zip Code: 92663


Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Telephone - In Street, Telephone - On Property, Sewer Connected, Water Connected
Is Waterfront: Yes
Waterfront: Lot is Across the Road from Lake/Ocean, Lot has Beach Access, Fishing in Community, Marina in Community, Lot has Ocean Access


Heating: Central Furnace
# of Stories: 2


Lot Description: 0-1 Unit/Acre, Corner Lot, Landscaped, Level with Street, Lot 6500-9999, Near Public Transit, Sprinkler System, Utilities - Overhead, Value In Land
Roof: Concrete, Flat Roof, Spanish Tile

Additional Information

Date Listed: April 4th, 2020
Days on Market: 60
Zoning: VC

Listing Details

Listing Agent: Cynthia Klanian(01071463)
Listing Office: Realty Network

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Listing information last updated on June 3rd, 2020 at 1:15pm PDT.

Based on information from California Regional Multiple Listing Service, Inc. as of June 3rd, 2020 at 1:27pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.