Balboa Peninsula (NP) Homes with Business Subtype

Balboa Peninsula (NP) Homes with Business Subtype

Welcome to Balboa Peninsula, a vibrant gem nestled in Newport Beach, California, within the picturesque Orange County. This stunning coastal region is renowned for its breathtaking ocean views, sandy beaches, and a lively atmosphere that attracts both residents and visitors alike. With a unique blend of relaxation and excitement, Balboa Peninsula is the perfect place to call home.

The real estate market in Balboa Peninsula offers a variety of homes, including those with a business subtype, making it an ideal choice for entrepreneurs and investors. Imagine living just steps away from the beach while running your own successful business in a thriving community. These properties often feature versatile spaces that can accommodate retail shops, cafes, or professional offices, allowing you to embrace the coastal lifestyle while pursuing your passions.

Residents of Balboa Peninsula enjoy a plethora of recreational activities, from surfing and paddleboarding to leisurely strolls along the boardwalk. The area is also home to a vibrant dining scene, with an array of restaurants and cafes that cater to every palate. Additionally, the proximity to the Balboa Fun Zone offers endless entertainment options, ensuring that there’s never a dull moment.

With its charming neighborhoods, stunning waterfront views, and a welcoming community spirit, Balboa Peninsula is more than just a place to live; it’s a lifestyle. Whether you’re looking to invest in a home with a business opportunity or simply want to enjoy the beauty of coastal living, Balboa Peninsula is the perfect destination to make your dreams a reality. Embrace the coastal charm and discover the endless possibilities that await you in this enchanting corner of Newport Beach!

Newest Balboa Peninsula (NP) Homes with Business Subtype

510 E Balboa, Newport Beach
$7,499,000
NP26236702 MLS ⋅ Active Status
Exceptional investment and redevelopment opportunity in the heart of Newport Beach's iconic Balboa Peninsula. Ideally situated just moments from the beach and Newport Harbor, 510 E Balboa Boulevard offers a rare opportunity to acquire a mixed-use property in one of Southern California's most desirable coastal communities. The property is currently operated as a liquor store, with the existing business available for purchase separately from the real estate. The property is zoned MU-V (Mixed-Use Vertical), offering potential redevelopment opportunities. Preliminary development potential includes up to five residential units and one commercial unit, subject to confirmation with the City of Newport Beach and all applicable zoning, density, parking, coastal development, and permitting requirements. Surrounded by popular restaurants, retail, waterfront attractions, and established residential neighborhoods, the property benefits from its prime location on the Balboa Peninsula. With convenient access to the beach, Balboa Fun Zone, Newport Harbor, and the Balboa Ferry, this location offers exceptional appeal for both residential and commercial uses. Whether you're an investor seeking an income-producing coastal asset or a developer looking to capitalize on the demand for residential and commercial space in Newport Beach, this property presents a compelling opportunity.

510 E Balboa, Newport Beach
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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.

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