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204 Riverside Ave 1 900 pi² Commerce de détail Immeuble Newport Beach, CA 92663 3 575 858 $ CAD (1 882,03 $ CAD/pi²) 4% Taux de capitalisation
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Faits saillants de l'investissement
- MARINERS’ MILE REVITALIZATION
- RARE UNDER $5 MILLION SINGLE-TENANT OPPORTUNITY
- PRIME NEWPORT BEACH LOCATION
- SINGLE-TENANT NNN INVESTMENT
- ABUNDANT PUBLIC PARKING
- HIGH BARRIER-TO-ENTRY MARKET
Résumé de l'annonce
Coastal Commercial is pleased to present 204 Riverside Avenue, a rare single-tenant NNN investment opportunity located in the heart of Newport Beach. The approximately ±1,900 SF retail property is positioned within one of Southern California’s most affluent and supply-constrained coastal markets, offering investors stable income, passive ownership, and long-term appreciation potential.
Strategically located near Newport Harbor and surrounded by affluent residential neighborhoods, premier dining, retail amenities, and coastal attractions, the property benefits from strong pedestrian activity and exceptional demographics. The single-tenant NNN lease structure minimizes landlord responsibilities while providing an attractive investment opportunity for both private and institutional buyers.
204 Riverside Avenue represents one of a few rare opportunities in Newport Beach priced under $5 million, creating a rare entry point into a highly sought-after coastal investment market. Positioned along the rapidly transforming Mariners’ Mile corridor, the property stands to benefit from significant ongoing revitalization efforts, including upgraded retail frontages, mixed-use redevelopment projects, and enhanced waterfront amenities that continue to elevate the area’s appeal as a premier retail and dining
destination.
As the only owner-user sized opportunity currently available on Mariners’ Mile, the asset offers exceptional flexibility for investors and future occupants alike. Coupled with Newport Beach’s limited retail inventory, strong barriers to entry, and continued demand for coastal commercial real estate, 204 Riverside Avenue presents a compelling opportunity to acquire a well-located asset with durable long-term fundamentals and meaningful upside potential.
Strategically located near Newport Harbor and surrounded by affluent residential neighborhoods, premier dining, retail amenities, and coastal attractions, the property benefits from strong pedestrian activity and exceptional demographics. The single-tenant NNN lease structure minimizes landlord responsibilities while providing an attractive investment opportunity for both private and institutional buyers.
204 Riverside Avenue represents one of a few rare opportunities in Newport Beach priced under $5 million, creating a rare entry point into a highly sought-after coastal investment market. Positioned along the rapidly transforming Mariners’ Mile corridor, the property stands to benefit from significant ongoing revitalization efforts, including upgraded retail frontages, mixed-use redevelopment projects, and enhanced waterfront amenities that continue to elevate the area’s appeal as a premier retail and dining
destination.
As the only owner-user sized opportunity currently available on Mariners’ Mile, the asset offers exceptional flexibility for investors and future occupants alike. Coupled with Newport Beach’s limited retail inventory, strong barriers to entry, and continued demand for coastal commercial real estate, 204 Riverside Avenue presents a compelling opportunity to acquire a well-located asset with durable long-term fundamentals and meaningful upside potential.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Bien à usage mixte
Taille du bâtiment
1 900 pi²
Classe d’immeuble
B
Année de construction
1954
Prix
3 575 858 $ CAD
Prix par pi²
1 882,03 $ CAD
Taux de capitalisation
4%
Revenu net d’exploitation
143 034 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,48
Taille du lot
0,09 AC
Zonage
C - Usage mixte.
Trois (3) espaces exclusifs et beaucoup d'espaces de rue et de terrains urbains.
Conforme physique possible.
Stationnement
2 places (1,05 places par 1 000 pi² loué)
Façade
30’ sur RIVERSIDE AVE
Commodités
- Atrium
- Affichage
- Affichage sur monument
Moyennement practicable à pied
70/100
Moyennement facile d'accès en voiture
60/100
Transports en commun limités
30/100
Moyennement praticable en vélo
60/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 049-122-25 | Évaluation des bâtiments | 245 989 $ CAD |
| Évaluation du terrain | 2 073 152 $ CAD | Évaluation totale | 2 319 140 $ CAD |
Impôts fonciers
Numéro de lot
049-122-25
Évaluation du terrain
2 073 152 $ CAD
Évaluation des bâtiments
245 989 $ CAD
Évaluation totale
2 319 140 $ CAD
Contacts
-
Nathan Holthouser -
Tram Church -
Maggie Attashian -
Rebecca Canalez -
Coastal Commercial Inc.
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204 Riverside Ave
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