4241 Macarthur Boulevard, Newport Beach, CA 92660

$6,250,000 Approx. USD 0 beds, 0 baths
7,185 sqft

Agent Remarks

UPDATE! FOR the INVESTOR! We have received an offer for a well qualified tenant, ready to take possession at 25K monthly and are also going to invest 500K TI improvements. Land, building, business, liquor license--turn-key. 75-dedicated parking spaces. The restaurant is located on MacArthur Boulevard with a daily traffic count of 91,000 and has immediate access to the 55 Freeway, the 405 Freeway, and the 73 Toll Road. It is perfectly positioned between luxury hotels, mid to high-rise office buildings, and retail businesses. The 7,200 square foot, free-standing building is located on .69 acres and has 75 dedicated parking spaces with easy access and additional parking available. The restaurant itself provides a very open and expansive dining area that holds 138 guests and an intimate dining alcove that offers seating for twelve additional guests. Although this is a single level structure, there is an additional 1200 square feet in the basement that, at one time, provided a very elegant, exclusive atmosphere for VIP guests. The two over-sized kitchens have been recently updated with new stainless steel kitchen appliances, large walk-in coolers, and cold storage. Full-size mahogany bar complete with a Class 47 Liquor Licence

Listing Details

Property type: SPEC (Commercial)
Status: Active
MLS# OC15248506
List price is $6,250,000
Beds: 0
Baths: 0
Built in 1974
7,185 sqft
0.69 acres
Lot size: 30056.000
County: Orange
MLS area: N7 - West Bay - Santa Ana Heights

Last Updated: 7/8/2016

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This listing belongs to the N7 - West Bay - Santa Ana Heights MLS area

Lat/Long: 33.664514, -117.863812.
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Broker: Courtesy of Dream Home Estates, Inc.
Listing Agent: David Prewitt
Co Listing Agent: Gary Blackburn

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