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  • Sold
  • Closed
  • Commercial
  • 2,781 Sq. Ft.
  • 0.05 Acres
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This multi-unit mixed use property is now available for purchase with nothing else like it on the market. Location, location, location! 308 Marine benefits from high customer foot traffic from locals and tourists alike visiting the iconic Balboa Island and famous shops like Dad's Donuts and Sugar 'n Spice Original Frozen Banana located next door. Located on the first block of Marine Avenue and seen by visitors as they come onto the island, 308 Marine boasts 30 feet of store frontage. With tons of curb appeal, one retail unit faces Marine Avenue with a quaint courtyard leading to two additional retail units. Upstairs there are two remodeled studio apartments with shared balcony. The property also has two single car garages currently being used as retail storage.

Full Property Details for 308 Marine Ave

General

  • Status: Closed
  • Type: Commercial
  • Source: MRMLS
  • MLS ID: LG24116980
  • Added to Site: 618 day(s) ago

Interior

  • Laundry Facilities: Yes

Rooms

Other Rooms

  • Laundry: Upper Level, Stackable

Location

  • County: Orange
  • Driving Directions: PCH, west on Jamboree Blvd, over the bridge onto Balboa Island

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Radiant, See Remarks

Utilities

  • Utility Description: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Structural Information

  • # Buildings: 2
  • Construction: Stucco, Wood Siding
  • Roof: Composition
  • Stories/Levels: 1
  • Building Size: 2781
  • Square Feet: 2,781
  • Current Bldg. Use: Commercial, Investment, Residential
  • Year Built: 1948
  • Year Built Source: Assessor

Lot Features

  • Lot Size (Acres): 0.05
  • Useable Acres: .05
  • Lot Size (Sq. Ft.): 2,178
  • Lot Size Source: Assessor
  • Fence: Yes
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Description: Level with Street, Rectangular Lot
  • Fencing (Description): Wood

Water Features

  • Water Front Desc.: Across the Road from Lake/Ocean, Ocean Side Of Highway 1

Financial Considerations

  • Price Per Sq. Ft.: $963

Disclosures and Reports

  • Investment: Yes
  • Property ID: 5015115

Listed by Compass, MauraShort and MichelleCormier

Listing agents

— 308 Marine Ave —

  • MauraShort

    Compass

  • MichelleCormier

949-233-7949

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 308 Marine Ave

School District:Newport-Mesa Unified School District
NameGradesDistance
Abraham Lincoln Elementary School, Newport Beach, CA
3101 Pacific View Dr., Newport Beach, CA 92625
K-61.7 mi
Corona Del Mar High School
2101 Eastbluff Drive, Newport Beach, CA 92660
7-122 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 308 Marine Ave

Date
Details
Price
Change
Source
6/11/2024
Sold
$2,895,000
—
MLS
6/08/2024
Listed
$2,895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass, MauraShort and MichelleCormier

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308 Marine Avenue, Newport Beach, CA 92662 (MLS# LG24116980) is a Commercial property that was sold on June 11, 2024. Want to learn more about 308 Marine Avenue? Do you have questions about finding other Commercial real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.