4248 Martingale Way, Newport Beach, CA 92660

$5,250,000
Sold Price
$5,250,000
List Price
$5,775,000
Closing Date
Jan 18, 2022
Status
CLOSED
MLS#
OC20033783
Year Built
1974
Lot Size
30,056
Acres
0.69
Lot Location
Item01UnitAcre
Days on Market
441
Property Type
Commercial
Property Sub Type
Retail

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.

Additional Information

Heat
Heat Pump
Water
Public
Attached Structure
Detached

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: John Gessford from Listing Office: First Team Estates

Listing sold by Vardkes Bazikian from Imperial Realty Co.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.