206 Riverside Ave - Office/Residential FOR SALE


Newport Beach, CA 92663- Mariners Mile
$5,699,999 USD
310-579-5625
206 Riverside Ave, Newport Beach, CA for Sale
$5,699,999 USD
Office/Residential - FOR SALE
1/14
null | Request Cap Rate

206 Riverside Ave
Newport Beach, CA 92663
Mariners Mile


HIGHLIGHTS

  • Prime Owner/User Standalone Commercial Property in Mariner’s Mile – Newport Beach

OVERVIEW

In the heart of Newport Beach’s iconic Mariner’s Mile, 206 Riverside represents an extraordinary opportunity to own a standalone commercial property in one of Orange County’s most prestigious and tightly held coastal corridors. Properties of this caliber and location are virtually never available, making this a truly rare and coveted offering. Commanding attention on two full parcels, the property features a distinctive 3,170 SF bow truss structure, rich in architectural character and brimming with upscale redevelopment potential. Most notably, the site offers 16 dedicated on-site parking spaces—a true luxury and rarity in Newport Beach, where parking is not only scarce but exceptionally valuable. Whether reimagined as a flagship boutique office, an upscale medical or wellness center, or a bespoke mixed-use destination*, 206 Riverside provides an unrivaled canvas for creating a statement property that reflects the sophistication and energy of Newport Beach. Surrounded by World-Class Destinations: Directly across from a brand-new luxury mixed-use development with ground-floor retail and vertical medical office Steps from The Garden, an elite retail destination curated for Newport’s most discerning clientele Less than a mile to Ferrari Newport Beach and the iconic Balboa Bay Resort, underscoring the area's prestige Just two blocks from the waterfront, placing you at the gateway to Newport’s yachting and coastal lifestyle With its coastal positioning, irreplaceable location, and rare combination of land, parking, and potential, 206 Riverside is more than just real estate—it’s a legacy asset poised for transformation into one of the most notable addresses on Mariner’s Mile. All zoning and development potential to be verified by Buyer.

FOR SALE DETAILS

PRICE

$5,699,999 USD

PRICE/SF

$1,798 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Stand Alone Medical/Retail in Newport Beach

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,678 SF

ZONING

C

APN/PARCEL ID

049-122-29,049-122-30

ASK ABOUT THIS PROPERTY

Richard SarabiaKW CommercialMore Info
310-579-5625

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

Richard SarabiaKW CommercialMore Info
310-579-5625

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