501 Park Avenue

For Sale

501 Park Avenue, Newport Beach, CA 92662

This Newport Beach property for sale is located at 501 Park Avenue. The current listed sale price for 501 Park Avenue is $5,950,000. 501 Park Avenue is situated on a lot that is 0.12 acre in size.

Contacts

broker

Ryan Harman

Lee & Associates - Irvine

(949) 790-3136

Property Details

  • Property Type Retail - Restaurant
  • Property Size 5,080 SF
  • Lot Size 0.12 Acre
  • Additional Rent Contact for pricing
  • Year Built 2015
  • Date Updated May 6, 2024
Situated in the heart of Balboa Island, this property enjoys a prime location in one of Newport Beach’s most coveted neighborhoods. Surrounded by quaint shops, charming cafes, and scenic waterfront vistas, residents and visitors alike are drawn to the vibrant energy and unparalleled beauty of this coastal community. With easy access to the Balboa Island Ferry, nearby beaches, and an array of recreational activities, the possibilities for adventure and relaxation are endless.Welcome to your slice of paradise on Balboa Island in Newport Beach! This exquisite property offers an unparalleled opportunity to own a top-performing restaurant with two stunning apartments above, all completely rebuilt to perfection in 2015.

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Highlights

  • Prime restaurant building recently rebuilt with local operator as current high-performing tenant.
  • Two beautifully appointed apartments with high-end finishes and modern amenities.
  • Prime location in the heart of Balboa Island, steps away from shops, restaurants, and the Balboa Island Ferry.
  • Ideal opportunity for investors, restaurateurs, or those seeking a live-work lifestyle in a coveted coastal destination.

Attachments

Getting around

  • 76/100

    Walk Score ®

  • 29/100

    Transit Score ®

  • 70/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Newport Beach, CA
  • Neighborhood Balboa Island
  • Zip Code 92662
  • Market Orange County

Points of Interest

  • Tustin Metrolink Station

    8.76 miles

  • Chevron

    0.67 miles

  • 76

    1.24 miles

  • EV Chargepoint

    1.31 miles

  • Chevron

    1.63 miles

  • Shell

    1.70 miles

  • 76

    1.75 miles

  • Exxon

    2.06 miles

  • 76

    2.50 miles

  • Superior Car Wash & Detail Center

    2.51 miles

  • 76

    2.77 miles

  • Newport Beach Park And Ride

    1.76 miles

  • Dolphin Parking Structure

    2.24 miles

  • Patient Parking

    2.26 miles

  • Physician & Staff Parking

    2.27 miles

  • Advanced Technology Pavilion Parking

    2.27 miles

  • Royal Thai Valet Parking

    2.33 miles

  • Villa Balboa Cagney Ln. Parking A

    2.35 miles

  • Pool House Parking

    2.37 miles

  • Sunset Parks Parking Lot

    2.61 miles

  • Lot 70

    3.54 miles

  • 501 Park

    0.00 miles

  • Balboa Island Market and Grill

    0.08 miles

  • Jane's Corndogs

    0.28 miles

  • Balboa Barbecue

    0.28 miles

  • Azar's Pizza

    0.28 miles

  • Newport Landing

    0.28 miles

  • Harborside

    0.28 miles

  • Pizza Pete's

    0.29 miles

  • Balboa Bakery

    0.29 miles

  • San Shi Go

    0.32 miles

  • Pavilions

    0.43 miles

  • Nordstrom

    1.30 miles

  • Bristol Farms

    1.37 miles

  • Macy's

    1.38 miles

  • Fashion Island

    1.44 miles

  • Bloomingdale's

    1.45 miles

  • Neiman Marcus

    1.50 miles

  • Mothers Market

    1.57 miles

  • Ralphs

    1.96 miles

  • Gelson's Market

    1.99 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Ryan Harman

Lee & Associates - Irvine

(949) 790-3136