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Listed by Stephanie Peterson • Arbor Real Estate
$ 2,995,000
Est. payment /mo
New
Newport Beach, CA 92663
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP-25253751
Year Built 1990
Property Sub-Type Mixed Use
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Offering 3000-3002 Newport Blvd. Prime mixed-use 2-unit commercial property with 8 dedicated parking spaces — an extremely rare amenity in this high-visibility Newport Beach corridor where most parking is paid or limited. Both units offer stable income with existing leases in place, providing immediate investment security and flexibility.
Unit 1 consists of approximately 1,400 SF of retail/office space, formerly Porrovita Juice Shop, with abundant natural light and excellent street presence. This space is currently leased but vacant, giving a buyer the opportunity to customize for their own concept, renegotiate terms with the existing tenant, or secure a new operator depending on long-term vision. Perfect for café, wellness, boutique retail, showroom, professional services, or creative office use.
Unit 2 is currently leased to Racked Gym, a strong local operator with consistent traffic, and the tenant is open to staying long-term under a new owner or vacating to accommodate an owner-user.
This property is competitively priced with compelling pro forma cap rate potential, strong signage visibility, and a highly desirable coastal location with constant foot and vehicle traffic. An exceptional opportunity for investors seeking stabilized income, owner-operators wanting a flagship Newport Beach location with parking, or a value-add buyer looking to maximize rents, re-tenant, or reconfigure space.
A standout commercial asset in one of Orange County's most sought-after mixed-use zones.
Unit 1 consists of approximately 1,400 SF of retail/office space, formerly Porrovita Juice Shop, with abundant natural light and excellent street presence. This space is currently leased but vacant, giving a buyer the opportunity to customize for their own concept, renegotiate terms with the existing tenant, or secure a new operator depending on long-term vision. Perfect for café, wellness, boutique retail, showroom, professional services, or creative office use.
Unit 2 is currently leased to Racked Gym, a strong local operator with consistent traffic, and the tenant is open to staying long-term under a new owner or vacating to accommodate an owner-user.
This property is competitively priced with compelling pro forma cap rate potential, strong signage visibility, and a highly desirable coastal location with constant foot and vehicle traffic. An exceptional opportunity for investors seeking stabilized income, owner-operators wanting a flagship Newport Beach location with parking, or a value-add buyer looking to maximize rents, re-tenant, or reconfigure space.
A standout commercial asset in one of Orange County's most sought-after mixed-use zones.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Zoning Commercial
Interior
Heating Central
Laundry None
Exterior
Utilities Available Electricity Connected, Natural Gas Available
Building
Lot Description Sprinkler System, Irregular Lot, 2-5 Units/Acre
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944