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Newport Beach Mixed-Use Property
For Sale
$3,950,000

306 Old Newport, Newport Beach, CA 92663

Prime mixed-use property in Newport Beach near Hoag Hospital.

Days on Market101

Property Features for 306 Old Newport

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1953
Listing Agency: Kasumi Rlty Newport Beach
Listed By: Mie Katayama · License #00490970
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 1 at 12:29PM

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 Kasumi Rlty Newport Beach

Investment Insights

Based on property information with market context.

Located at 306-308 Old Newport Blvd in Newport Beach, this mixed-use commercial property features two buildings with a parking lot situated between them. The property includes a total of 18 parking spaces. It is located across the street from Hoag Hospital Newport Beach and near Pacific Coast Highway. This property is very walkable with a walk score of 86, bikeable with a bike score of 61, and has some transit options with a transit score of 40. This is the first time the property has been on the market in over 40 years. The sale is subject to a 1031 Exchange. The seller is a real estate licensee.

Key Highlights

  • Prime location across the street from Hoag Hospital Newport Beach and near Pacific Coast Highway (PCH).
  • Mixed‑use commercial property with two buildings.
  • Includes parking lots between the two buildings with a total of 18 parking spaces.

Property Analytics

Current Use

Mr. Green Cleaner (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Grocery & Convenience Store Catering Service Daycare Center Food Market Locksmith Butcher

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

Location Intelligence

Trade Area within ½ mile

4,522
Businesses Nearby

Demographics for 92663, CA

20,812
Population
12,348
Households
1.7
Avg Household Size
42
Median Age
64%
College-Educated
97%
High-School Grad
3.3 sq mi
ZIP Area
6,307
Density / Sq Mi
$138,271
Median Household Income
$77,157
Median Earnings
$2,717
Median Rent
$2,000,001
Median Home Value

Market

Properties on Market for Mixed-use properties in Orange County

Feb
Mar
Apr
May
Jun
Jul

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Prime mixed-use property in Newport Beach near Hoag Hospital.
Where is this mixed-use property located?
The property is located at 306 Old Newport Newport Beach, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Prime location across the street from Hoag Hospital Newport Beach and near Pacific Coast Highway (PCH).; Mixed‑use commercial property with two buildings.; Includes parking lots between the two buildings with a total of 18 parking spaces.
More about this property
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