• Asking Price $5,950,000

  • 501 PARK AVE NEWPORT BEACH, CA 92662

  • 5 Beds 5,080 SqFt
  • Commercial / Resale (MLS)
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Property Details for 501 PARK AVE, NEWPORT BEACH, CA 92662

Features

  • Price/sqft: $1,171
  • Lot Size: 0.1171 acres
  • Stories: 100
  • Heating: Floor/Wall

Facts

  • Year Built: 01/01/1952
  • Property ID: 898525402
  • MLS Number: OC24090681
  • Parcel Number: 050-052-35
  • Property Type: Commercial
  • County: Orange

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. THE PROPERTY: Welcome to your slice of paradise on Balboa Island in Newport Beach! This exquisite property offers an unparalleled opportunity to own a top-performing restaurant with two stunning apartments above, all completely rebuilt to perfection in 2015. THE RESTAURANT: Step into the heart of culinary excellence as you enter the spacious and inviting restaurant and bar area. Bathed in natural light pouring through large windows, this space exudes warmth and charm. With ample room for indoor and outdoor seating and a meticulously designed kitchen equipped with top-of-the-line appliances, its a dream canvas for creativity. THE LOCATION Situated in the heart of Balboa Island, this property enjoys a prime location in one of Newport Beachs most coveted neighborhoods. Surrounded by quaint shops, charming cafes, and scenic waterfront vistas, residents and visitors alike are drawn to the vibrant energy and unparalleled beauty of this coastal community. With easy access to the Balboa Island Ferry, nearby beaches, and an array of recreational activities, the possibilities for adventure and relaxation are endless.

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All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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