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Balboa Theater 707 E Balboa Blvd Local commercial 483 m² À vendre Newport Beach, CA 92661 2 152 861 € (4 456,38 €/m²)

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Résumé analytique

The Balboa Theater represents a rare opportunity to acquire a historically significant building in the heart of Newport Beach’s Balboa Village. Located directly across from the Balboa Fun Zone—currently undergoing a thoughtful revitalization—the property benefits from strong pedestrian activity, proximity to the beach, and year-round tourism. Originally constructed nearly a century ago, the ±5,200 SF building sits on a ±5,200 SF lot with zero lot lines. While the structure itself is modest and in shell condition, the property was previously entitled for redevelopment with two iterations: an open-air concept and a fully enclosed theatre/restaurant buildout with a ±2,600 SF rooftop dining deck. Though the entitlements have since expired, the previously approved plans may provide a clear path forward with the City. The investment offering presents an opportunity for an owner/user or investor to purchase a landmark property in the Balboa Village, which is poised to undergo a dramatic and meaningful redevelopment in the near future.

Balboa Theater - 707 E. Balboa Blvd, Newport Beach _ Offering Memorandum 1.13.26