Sold

Closed

308 Marine Avenue

Newport Beach CA, 92662

$2,680,000


$963.68 per sqft

Sold

Closed

2,781 sqft

Commercial

Built in 1948

Listed by Maura Short with Compass 949-233-7949

This multi-unit mixed use property is now available for purchase with nothing else like it on the market. Location, location, location! 308 Marine benefits from high customer foot traffic from locals and tourists alike visiting the iconic Balboa Island and famous shops like Dad's Donuts and Sugar 'n Spice Original Frozen Banana located next door. Located on the first block of Marine Avenue and seen by visitors as they come onto the island, 308 Marine boasts 30 feet of store frontage. With tons of curb appeal, one retail unit faces Marine Avenue with a quaint courtyard leading to two additional retail units. Upstairs there are two remodeled studio apartments with shared balcony. The property also has two single car garages currently being used as retail storage.

LG24116980

MLS ID

June 11, 2024

Listed

August 30, 2024

Updated

Map

308 Marine Avenue
Newport Beach CA, 92662

Interior Features

Total Stories

1


Laundry Description

Stacked, Upper Level


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Radiant, See Remarks

Exterior/Building Features

Lot Size

0.05 Acres


Lot Features

Rectangular Lot, Street Level


Roof

Composition

Other Property Details

Area Name

N9 - Lower Newport Bay - Balboa Island


Days on Market

40


Garage

No


View

No


County

Orange


Water Source

Public


Pool

No


Waterfront

Yes

Listing History

Date

Event

Price

8/17/2024

Sold

$2,680,000

8/14/2024

Pending

7/26/2024

Under contract

6/26/2024

Active

6/21/2024

Under contract

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/30/2024 at 7:34 PM UTC

 

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