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    4248 Martingale Way

    Newport Beach, CA 92660
    • $5,775,000
    • STATUS: Active
    • ON SITE: 225 days
    • ID#: OC20033783
    UPDATED: 81 min ago
    $5,775,000
    • 0
      BEDS
    • 0.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,000
      SQFT
    • $825
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1974
    County:

    School Ratings & Info

    Description

    This is an incredible opportunity to acquire the fee simple interest in a free-standing restaurant property located at 4241 MacArthur Blvd, Newport Beach, CA. The 7,000 SF property is currently occupied by the restaurant Saagar Fine Cuisine of India who will be vacating at the close of escrow. The offering includes the real property, all existing furniture, fixtures, and equipment, which greatly minimizes expenses for a restaurant user. The Seller has a type 47 liquor license which is available for purchase at market price. Request offering memorandum from broker.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-27T18:26:34.257. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/103264947
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    4248 Martingale Way Newport Beach, CA 92660

    • Price: $5,775,000
    • Status: Active
    • Updated: 81 min ago
    • ID#: OC20033783
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.69
    Acres
    7,000
    SQFT
    $825
    $/SQFT
    1974
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    This is an incredible opportunity to acquire the fee simple interest in a free-standing restaurant property located at 4241 MacArthur Blvd, Newport Beach, CA. The 7,000 SF property is currently occupied by the restaurant Saagar Fine Cuisine of India who will be vacating at the close of escrow. The offering includes the real property, all existing furniture, fixtures, and equipment, which greatly minimizes expenses for a restaurant user. The Seller has a type 47 liquor license which is available for purchase at market price. Request offering memorandum from broker.
    Exterior Features

    Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Heating Heat Pump Heating YN Yes Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Land Lease YN No Land Use Retail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Retail Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of John Gessford of First Team Estates and Kim Schumacher of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-27T18:26:34.257. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

     
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    Steele Canyon Realty
    5923 Severin Drive
    La Mesa CA, 91942