Listing Agency: Colliers Show Phone

Listed By: Joseph Winkelmann Show Phone

Source: Moodyscre

Added: Apr 9, 2024 Changed: Aug 11 Last Checked: Aug 19 at 1:56PM

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Investment Insights

Based on property information with market context.

This is a two-story, free-standing building suitable for medical redevelopment. The property offers 9,837 square feet of space.

Key Highlights

• Free standing building
• 2‑story building
• Medical redevelopment opportunity

Property Analytics

Property Profile

Current Use

Douglas Alani Law Firm AllWater Fishing Charters, ... Tour Operator Melton Tackle Newport (Bike/Boat/Book/etc) Store One Step Funding Bank PMC Finance Business To Business Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Mobile Phone Store Catering Service 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

4,962

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Two-story medical redevelopment building available for sale.

Where is this medical office space located?

The property is located at 419 Old Newport Blvd Newport Beach, CA.

What is the asking price?

The asking price for this property is $8,900,000.

What are key features of this property?

This property features: Free standing building; 2‑story building; Medical redevelopment opportunity