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$3,149,000
132 Days Online

310 Marine Avenue
Newport Beach, CA 92662

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
1,559
SqFt
$2,020
/SqFt
1946
Built
County:
Orange
Listed by Annie Clougherty of Compass 949-375-3037
Call Now: 949.375.4430
Is this the home for you? We can help make it yours.
949.375.4430
310 Marine Avenue310 Marine Avenue310 Marine Avenue310 Marine Avenue
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A rare and unparalleled opportunity arises with the offering of Sugar n' Spice, an enduring symbol of Balboa Island's rich history and community spirit. Established in 1945, this beloved property has stood the test of time, serving as a beacon of nostalgia and culinary delight for nearly eight decades. From its humble beginnings, Sugar n' Spice has woven itself into the fabric of the island, becoming a cherished destination where locals and visitors alike gather to indulge in its signature treats, including Balboa Bars and chocolate-dipped frozen bananas. Beyond its culinary offerings, Sugar n' Spice holds a special place in the hearts of the community, serving as a backdrop for countless memories and shared experiences. Generations of families have frequented this beloved landmark, forging connections and traditions that span lifetimes. With its timeless charm and storied history, Sugar n' Spice presents a unique opportunity for discerning buyers to own a piece of Balboa Island's heritage and continue the legacy of this treasured establishment. The property is mixed-use and offers a great residential unit in the rear of the building. Recent visual upgrades for this expansive three-bedroom and two-bathroom property include new paint, new lighting, new luxury vinyl plank flooring and a new roof. Things that are important also to a prospective Buyer that you might not see are the hardware & lining of the wastewater pipes were replaced and redone, as well as newly replaced drainage pipes in the front shop were also recently completed. The property is being sold in conjunction with the sale of the business through a business broker. Both the front shop and back unit are both used by the current owner, so there is no lease history. However, based on the comparables on Marine, the current back residential could rent for $4850/month. The last commercial lease on BBI on Marine was at $15.29/square foot, comping this out at $6000/month for the front shop.

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Listing Snapshot
Price 
$3,149,000
Days Online 
132 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,559 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.05 Acres
Year Built 
1946
MLS® Number 
NP24024850
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 days agoPrice changed to $3,149,000
4 months agoListing first seen online
General Features
Construction 
Stucco
Parking Spaces 
1
Number of Stories 
1
Acreage 
0.05
Water 
Public
Security 
Security SystemClosed Circuit CamerasCarbon Monoxide DetectorsSmoke Detectors
Property Sub Type 
Mixed Use
Utilities 
Sewer Connected
Zoning 
Mixed Use
Listing Conditions 
Standard
Interior Features
Cooling 
Wall Window Units
Heating 
Central
Laundry Features 
InsideIn Kitchen
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Exterior Features
Roof 
CompositionFlat
Lot 
Street Level
Community Features
MLS Area 
N9 - Lower Newport Bay - Balboa Island
Security Features 
Security SystemClosed Circuit CamerasCarbon Monoxide DetectorsSmoke Detectors


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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