845-849 W. 16th Street

Asking Sale Price: $10,632,900 ($528.96 PSF)

845 – 849 W. 16th Street, Newport Beach consists of two (2) buildings on one (1) parcel of land. Both buildings are currently leased, however, 845 W. 16th Street can be available to occupy March 1, 2027. An investor can purchase and enjoy the cash flow, or an owner occupant can purchase and occupy one or both buildings when the leases expire. This property provides a premier Newport Beach address with convenient access to the 55 Freeway, Pacific Coast Highway and Newport Harbor. Surrounded by top amenities and Hoag Hospital, this property balances professional prestige with financial growth in one of California’s most sought-after coastal markets.

847 & 849 W. 16TH STREET FEATURES:

±10,956 SF Building

±80% HVAC Creative Space with Open Ceiling and Exposed Ducting

12′ – 16′ Warehouse Clear Height

2.5:1 Parking Ratio

100 Amps of Power (verify)

Divisible into Two (2) Units

Three (3) Ground Level Loading Doors

16th Street Frontage/Signage

845 W. 16TH STREET FEATURES:

±9,144 SF Building

100% HVAC Creative Space with Open Ceiling and Exposed Ducting

12′ Clear Height

3:1 Parking Ratio

100 Amps of Power (verify)

Fire Sprinklers

Secured Parking/Yard Area

One (1) Ground Level Loading Door

Completely Renovated in 2015 Including Large Break Room, Conference Room and Open Production Area

New Roof Coating in 2024