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    Property profile & analytics
    OFF-MARKET Estimated value $650,000
    Investment properties

    200 Main St, Newport Beach, CA 92661-1326

    2,909 SF 0.07 ac lot Built 1929
    Entity Owned 10-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-2491359
    Property summary
    AI-generated overview

    This exceptional 995-square-foot retail space presents a prime leasing opportunity in the heart of Newport Beach, California. Situated at 200 Main Street, zip code 92661, this property boasts unparalleled visibility and high foot traffic due to its location on the bustling boardwalk. The space is part of a mixed-use building, combining commercial spaces on the ground floor with residential units above. Approved for restaurant, café, or other food-related uses, this versatile space is perfectly suited for a variety of businesses seeking a vibrant and high-traffic location. Its proximity to iconic landmarks like the Balboa Pier and ferry docks ensures a constant stream of potential customers. The entire 995 square feet is currently vacant, offering immediate occupancy for a new tenant. Located in Orange County, this property offers easy access to major transportation routes and a thriving community. The address is 200 Main Street, Newport Beach, CA 92661. This is a truly unique opportunity to establish a business in one of Southern California's most desirable locations. The property's mixed-use nature provides a dynamic environment, attracting both residents and tourists alike. Don't miss this chance to secure a prominent space in a high-demand area.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1929
    Total area 2,909 SF
    Lot 0.07 ac (3,006 SF)
    APN 048-131-09
    UPID US09-2491359
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $530k
    CAP Approach CAP
    $755k
    Comparable Approach Comparable
    $671k
    Blend (final) Blend
    $650k
    Owner & transaction history
    Jsl Balboa LLC · 10 yrs held
    Jsl Balboa LLC
    since 2016
    2 recorded transactions
    2016
    $2.3M
    2016
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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