204 Riverside Ave - Storefront Retail/Office FOR SALE


Newport Beach, CA 92663- Mariners Mile
$2,595,000 USD
949-229-2273
204 Riverside Ave, Newport Beach, CA for Sale
$2,595,000 USD
Storefront Retail/Office - FOR SALE
1/37
null | 4% Cap Rate

204 Riverside Ave
Newport Beach, CA 92663
Mariners Mile


HIGHLIGHTS

  • MARINERS’ MILE REVITALIZATION
  • SINGLE-TENANT NNN INVESTMENT
  • RARE UNDER $5 MILLION SINGLE-TENANT OPPORTUNITY
  • ABUNDANT PUBLIC PARKING
  • PRIME NEWPORT BEACH LOCATION
  • HIGH BARRIER-TO-ENTRY MARKET

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,595,000 USD

PRICE/SF

$1,366 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

C

APN/PARCEL ID

049-122-25

ASK ABOUT THIS PROPERTY

Nathan HolthouserCoastal Commercial Inc.More Info
949-229-2273

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Nathan HolthouserCoastal Commercial Inc.More Info
949-229-2273

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.