For Lease
$27.84/SF/YR

111 Palm St Newport Beach, CA 92661

Prime beachfront restaurant, 5,388 sq ft.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 5,388 square foot restaurant space presents a rare opportunity in Newport Beach's coveted peninsula. Located at the bustling intersection of Palm Street and Balboa Blvd., this property boasts unparalleled visibility, situated near the Balboa Pier, Fun Zone, beach, public parking, and the ferry to Balboa Island. The elegantly designed interior features new windows illuminating the main dining area and efficient LED lighting. The well-equipped kitchen includes nine floor sinks, while the storage/office area has two additional floor drains. A large walk-in cooler with beer lines to the bar area (featuring four floor drains) streamlines operations. Ample storage is provided by two dry storage areas and an additional office space, accessible via a convenient roll-up door. A spacious outdoor patio, exclusive to the restaurant, is equipped with gas and electrical connections. The property benefits from three electrical panels (200 amps, 225 amps, and 200 amps), ensuring sufficient power. An upstairs office (with potential for residential conversion) offers additional versatility and revenue potential. Its proximity to the Balboa Island Ferry (approximately 1500 feet) and the beach (approximately 500 feet) makes this an ideal location for a thriving restaurant. This is a truly unique opportunity to establish a successful culinary venture in one of Southern California's most desirable areas.

Highlights

  • Prime beachfront restaurant space with exceptional visibility and high traffic counts.
  • Highly desirable Newport Beach location near Balboa Pier, beach, ample public parking, ferry, and Fun Zone.
  • 5,388 SF restaurant space available, currently vacant.
  • Property brochure available online.

Property Details for 111 Palm St

Property type
Restaurants
RSF (Rentable sq. ft)
5,388 SF

Unit(s) available at that property

Space
Size
5,388 SF
Rate per SF
$27.84

Location Insight

City
Newport Beach
County
Orange
State
California
Latitude
33.6023444
Longitude
-117.9012594

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FAQs

What type of property is this?
Restaurant - Prime beachfront restaurant, 5,388 sq ft.
Where is the restaurant located?
The property is located at 111 Palm St Newport Beach, CA.
What is the lease rate?
The lease rate is $27.84/SF/YR.
What are key features of this property?
This property features: Prime beachfront restaurant space with exceptional visibility and high traffic counts.; Highly desirable Newport Beach location near Balboa Pier, beach, ample public parking, ferry, and Fun Zone.; 5,388 SF restaurant space available, currently vacant.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Wendy Chiri
Wendy Chiri
John Gessford
John Gessford
Visit Broker Website

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Palm St
Newport Beach, CA 92661

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Palm St
Newport Beach, CA 92661

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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111 Palm St
  • Wendy Chiri
    Wendy Chiri
  • John Gessford
    John Gessford
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