432 32Nd StNewport Beach, CA 92663

  • Other commercial real estate
  • 1,029 SF
For Sale
$3,750,000 View listing

Property Details for 432 32Nd St

Year built
1955
Lot size
0.05 AC
Property size (Sq ft)
1,029 SF
Property type
Other commercial real estate
Property subtype
Showrooms
APN
047-041-23
APU
4704123

Description

This exceptional Newport Beach retail investment presents a rare opportunity to acquire two adjacent storefront properties totaling 4,650 square feet. Located at 432 32nd St and 3115 Villa Way, in the highly desirable 92663 zip code, this property boasts a premier location with close proximity to key attractions, making it ideal for a variety of retail uses. Each lot measures 93 feet by 25 feet, offering a combined area of 4,650 square feet. The flexible tenancy allows for diverse business models, while the advantageous zoning and strong demographics present significant development potential. This property is priced at $3,750,000 and represents a compelling investment in a thriving Orange County market. The location offers excellent visibility and accessibility, ensuring high foot traffic and strong brand recognition. This is a unique chance to secure a substantial retail presence in one of Southern California's most sought-after coastal communities. The property's size and location make it suitable for a variety of retail concepts, from established businesses seeking expansion to new ventures looking for a prime location to launch. Don't miss this chance to capitalize on this exceptional investment opportunity.

432 32Nd St, Newport Beach, California

Location Insight

City
Newport Beach
County
Orange
State
California
Latitude
33.6158
Longitude
-117.929
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,790
$875,682
$77,257
$952,939
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