3142 W. Balboa Blvd, Newport Beach, CA 92663
- $580,000
- List Price
- $580,000
- Status
- ACTIVE
- MLS#
- TR26218444
- Days on Market
- 1
- Property Type
- Investment
Property Description
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.
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Additional Information
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Solomon Lao (slao@ccim.net) from Listing Office: Brighten Real Estate Advisors.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.