119 23rd St
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119 23rd St
2,440 SF 100% Leased Retail Building Newport Beach, CA 92663 £2,578,173 (£1,057/SF)
Executive Summary
Rare opportunity on the 100 block of the Newport Peninsula, vacant building ready for ocean-close development, with mixed use potential for commercial down and residential up. Oversized lot offers many choices for development, including possible second-story water views to harbor and ocean. Property is vacant and being sold "As Is." Zoning MU-W2. Buyer to verify all property details that factor into the purchase, including but not limited to what can be built on property.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,440 SF
Building Class
B
Year Built
1912
Price
£2,578,173
Price Per SF
£1,057
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.70
Land Acres
0.08 AC
Zoning
MW-W2 - Buyer to verify all property details that are a factor in their purchase, including but not limited to what can be built on the property.
Parking
2 Spaces (0.82 Spaces per 1,000 SF Leased)
Frontage
37 ft on 23rd St
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (70)
Nearby Major Retailers
1 of 9
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119 23rd St
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