For Sale Commercial MLS# TR26218444

3142 W. Balboa Blvd

Newport Beach, CA 92663

$580,000

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About 3142 W. Balboa Blvd

Established Chinese Restaurant for Sale – Newport Beach – Walk to the Beach Excellent opportunity to acquire an established, fully improved Chinese restaurant in a prime Newport Beach location, within walking distance to the beach. The restaurant occupies approximately 2,083 SF of interior space, plus a spacious private outdoor patio at no additional rent. The space features an attractive dining room, open kitchen / dumpling preparation area, full commercial kitchen, bar / beverage service area, and complete restaurant equipment. The current concept specializes in Xiao Long Bao, dumplings, and Chinese cuisine. Highlights include approximately 3 years and 2 months remaining on the current lease, plus two additional 5-year extension options. Rent information is available upon request. Lease assignment is subject to Landlord approval. Please do not disturb the business, employees, or Landlord. Showings are by appointment only. All information is deemed reliable but not guaranteed. Buyer to independently verify all information during due diligence.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Original price
$580,000
MLS #
TR26218444

Schools

District
Newport-Mesa Unified School District

Financial

Financial
LLC

Location

Area
NP - Balboa Peninsula
County
Orange
Neighborhood
Newport Village
Directions
Hwy 55 to Newport Blvd turn right to Balboa Blvd

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Listed by Solomon Lao, Brighten Real Estate Advisors

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.