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Mixed-Use Building with Commercial Space
For Sale
$3,195,000

122 Agate, Newport Beach, CA 92662

Two-level property combines flexible commercial areas with a leased three-bedroom residence and substantial outdoor living space.

Property Size3,026 SF
Lot Size0.06 Acres
Price / SF$1,055
Days on Market16

Property Features for 122 Agate

General Information

Standard status Active
Size 3,026 SF
Lot size 0.06 Acres
Property subtype Mixed Use

Amenities

laundry facilities
built-in storage
partially covered deck

Building Details

Building Size 3,026 SF
Year Built 1937
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Abrams Coastal Properties
Listed By: Donald Abrams · License #01234323
Source: Altamirarealty
Added: Jul 22 Changed: Aug 5 Last Checked: Aug 6 at 4:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Abrams Coastal Properties

Investment Insights

Based on property information with market context.

This mixed-use property at 122 Agate in Newport Beach combines commercial and residential components within a 3,026-square-foot building on a 30 x 85-foot lot. The ground-floor commercial area was formerly occupied by a dentist’s office and can be configured as two separate spaces. Additional rear areas include two sizable office or workshop rooms, a half bathroom, and laundry facilities.

The upper residence includes three bedrooms, two bathrooms, built-in storage, and a partially covered deck suited to everyday outdoor use. The residential unit is leased to long-term tenants. A two-car garage is located at the rear, with open parking capacity for one or two more vehicles. The property is near the Balboa Island Ferry, Balboa Pavilion, retail shopping, and restaurants. Built in 1937.

Key Highlights

  • 3,026‑square‑foot mixed‑use building on a 30 x 85‑foot lot
  • Ground‑floor commercial area with potential division into two spaces
  • Upper unit includes 3 bedrooms, 2 bathrooms, and built‑in storage

Property Analytics

Current Use

Balboa Dental Surgery Dental Office Dr. Michael Wells Dental Office Dr. Sanaa Tariq Dental Office Newport Beach Cosmetic ... Dental Office fleek advertising Marketing & Advertising

Suggested Use

Top Pick Barber Shop Auto Repair Shop Auto Parts Store Plumbing Service Locksmith Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,049
Businesses Nearby

Demographics for 92662, CA

2,490
Population
1,869
Households
1.3
Avg Household Size
60
Median Age
68%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
12,450
Density / Sq Mi
$162,045
Median Household Income
$83,322
Median Earnings
$2,736
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines flexible commercial areas with a leased three-bedroom residence and substantial outdoor living space.
Where is this mixed-use property located?
The property is located at 122 Agate Newport Beach, CA.
What is the asking price?
The asking price for this property is $3,195,000.
What are key features of this property?
This property features: 3,026‑square‑foot mixed‑use building on a 30 x 85‑foot lot; Ground‑floor commercial area with potential division into two spaces; Upper unit includes 3 bedrooms, 2 bathrooms, and built‑in storage
More about this property
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