TITLE: Rarely Available Newport Beach Commercial Building CITY: Newport Beach
STYLE: Sincle Story Commercial Building SQUAREFT: 11,060
BUILT: 1962 LOT: 31,900
PRICE: $2,600.000 SOLD

Description:
Rarely Available 11,060 square foot, Pride of Ownership Administrative, Professional and Financial zoned Commmercial Building on a Large 31,900 square foot Lot in a Prime Newport Beach Location at the Corner of Campus Drive and Dove Street across from John Wayne Airport. There is 110 feet of front footage on Campus Drive and 273 Feet on Dove Street. The Current Tenants include Sunny Fresh Cleaners, Coast to Coast Copy, U-Save Car Rental and 43% of the Building is occupied by the current owner and can be rented out by the new owner. Gross Scheduled Income is $191,316 and the Cap Rate is 4.35 and the Gross Rent Multiplier is 13.58 times Gross.





Copyright 2002. The Bayless Group All Rights Reserved.
Site design by Z57.com