3142 W. Balboa Blvd
Newport Beach, CA 92663
$580,000
Listed by Brighten Real Estate Advisors · MLS #TR26218444
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3142 W. Balboa Blvd, Newport Beach, CA 92663 · MLS #TR26218444
THE PROPERTY
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Excellent opportunity to acquire an established, fully improved Chinese restaurant in a prime Newport Beach location, within walking distance to the beach.
The restaurant occupies approximately 2,083 SF of interior space, plus a spacious private outdoor patio at no additional rent. The space features an attractive dining room, open kitchen / dumpling preparation area, full commercial kitchen, bar / beverage service area, and complete restaurant equipment.
The current concept specializes in Xiao Long Bao, dumplings, and Chinese cuisine.
Highlights include approximately 3 years and 2 months remaining on the current lease, plus two additional 5-year extension options. Rent information is available upon request. Lease assignment is subject to Landlord approval.
Please do not disturb the business, employees, or Landlord. Showings are by appointment only. All information is deemed reliable but not guaranteed. Buyer to independently verify all information during due diligence.
THE NEIGHBORHOOD
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3142 W. Balboa Blvd, Newport Beach, CA 92663
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LOCAL MARKET CONTEXT
Orange County housing market
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THE DETAILS
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- Property type
- BusinessOpportunity
- Category
- Commercial
Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.
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MLS #TR26218444 · California Regional MLS
Listing brokerage: Brighten Real Estate Advisors
Listing agent: Solomon Lao
Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.
