SOLD
Faris Lee & SSG Realty Corp. Close $4.4M Mixed-Use Sale In Newport Beach
325 Marine Avenue
Mixed-use
3,688 SF
3,688 SF
Sold 14 days ago
Summary
Sale
CALIFORNIA
Mixed-use
3,688 sqft
The property at 325-331 Marine Avenue in Newport Beach, a mixed-use asset, was sold for $4.4 million. This property consists of storefront retail spaces and residential units, offering a total of 3,688 square feet at a price per square foot of $1,193.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,400,000
- Address: 325-331 Marine Avenue
- Market: Newport Beach
- SF: 3,688
- Brokers: Greg Lukosky, Jeff Conover, Scott DeYoung & Shaun Riley - Faris Lee Investments; Greg Swedelson & Jon-Eric Greene - SSG Realty Corp.
Faris Lee Investments and SSG Realty Corp. played a crucial role in the sale of 325-331 Marine Avenue. The deal was facilitated by agents from both firms, highlighting the collaborative effort in managing the transaction that involved a combination of retail and residential spaces on Balboa Island in Newport Beach.
Players
All
8
Agents
6
Agencies
2
Details
SOLD
IMAGE: 04/18/2024
ADDRESS: 325-331 Marine Avenue
MARKET: Newport Beach
ASSET TYPE: Mixed-use
BROKERS: Greg Lukosky, Jeff Conover, Scott DeYoung & Shaun Riley - Faris Lee Investments; Greg Swedelson & Jon-Eric Greene - SSG Realty Corp.
SALE PRICE: $4,400,000
SF: 3,688 ~ PPSF: $1,193
NOTE: Faris Lee Investments and SSG Realty Corp. facilitated the sale of 325-331 Marine Avenue, a mixed-use property on Newport Beach’s Balboa Island, for $4.4 million. The transaction, represented by agents from both firms, involved storefront retail and residential units, with the property currently occupied by street-level retail shops and residential tenants.View on map
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Address325 Marine Avenue
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