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Balboa Village 107-111 Main St 9,404 SF 100% Leased Retail Building Newport Beach, CA 92661 $13,670,501 CAD ($1,453.69 CAD/SF) 3.16% Cap Rate
Executive Summary
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-Retail storefront retail/residential (3) retail units & six (6) apartment units
-Ocean and harbor views, walking distance to beach, parks, restaurants, banking, retail, post office, hotels and other amenities
-8 Surface parking stalls
-Retail storefront retail/residential (3) retail units & six (6) apartment units
-Ocean and harbor views, walking distance to beach, parks, restaurants, banking, retail, post office, hotels and other amenities
-8 Surface parking stalls
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,404 SF
Building Class
C
Year Built
1934
Price
$13,670,501 CAD
Price Per SF
$1,453.69 CAD
Cap Rate
3.16%
NOI
$431,988 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.22
Lot Size
0.18 AC
Zoning
MU-V
Parking
8 Spaces (0.85 Spaces per 1,000 SF Leased)
Frontage
32’ on Main St
Amenities
- Bus Line
- Signage
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 048-135-09 | Improvements Assessment | $1,145,139 CAD |
| Land Assessment | $5,071,364 CAD | Total Assessment | $6,216,503 CAD |
Property Taxes
Parcel Number
048-135-09
Land Assessment
$5,071,364 CAD
Improvements Assessment
$1,145,139 CAD
Total Assessment
$6,216,503 CAD
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Balboa Village | 107-111 Main St
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