Mixed-Use Property with Liquor
510 E Balboa, Newport Beach, CA 92661
For Sale
New
$7,499,000
MU-V zoning supports preliminary concepts for residential and commercial space, subject to city review and applicable approvals.
Property Size2,200 SF
Days on Market6
Property Features for 510 E Balboa
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Currently Operating
Building Details
Building Size
Listing Agency:
White Sail Realty
Listed By:
Orlando Clarizio · License #01944646
Source:
Altamirarealty
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 6 at 7:04PM
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 White Sail Realty
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Investment Insights
Based on property information with market context.
At 510 E Balboa Boulevard, the property is currently used as a liquor store. The business may be purchased separately from the real estate. The site carries MU-V (Mixed-Use Vertical) zoning, with preliminary development concepts of up to five residential units and one commercial unit. Any redevelopment would require confirmation with the City of Newport Beach and remain subject to zoning, density, parking, coastal development and permitting requirements.
The property is on the Balboa Peninsula, near Newport Harbor, the beach, Balboa Fun Zone and Balboa Ferry. Restaurants, retail businesses, waterfront attractions and established residential areas are also identified in the surrounding context.
The property is on the Balboa Peninsula, near Newport Harbor, the beach, Balboa Fun Zone and Balboa Ferry. Restaurants, retail businesses, waterfront attractions and established residential areas are also identified in the surrounding context.
Key Highlights
- Current liquor store operation; business offered separately from the real estate
- MU‑V (Mixed‑Use Vertical) zoning
- Preliminary concept: up to five residential units and one commercial unit, subject to city confirmation and applicable requirements
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,199
Businesses Nearby
Explore this area
Business Placement
Demographics for 92661, CA
3,457
Population
2,727
Households
1.3
Avg Household Size
48
Median Age
58%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
4,939
Density / Sq Mi
$209,620
Median Household Income
$135,407
Median Earnings
$2,836
Median Rent
$2,000,001
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Orange County, CA
Properties on Market for Mixed-use properties in Orange County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - MU-V zoning supports preliminary concepts for residential and commercial space, subject to city review and applicable approvals.
Where is this mixed-use property located?
The property is located at 510 E Balboa Newport Beach, CA.
What is the asking price?
The asking price for this property is $7,499,000.
What are key features of this property?
This property features: Current liquor store operation; business offered separately from the real estate; MU‑V (Mixed‑Use Vertical) zoning; Preliminary concept: up to five residential units and one commercial unit, subject to city confirmation and applicable requirements
