845-849 W. 16th Street

Two buildings. Newport Beach addresses. Multiple ownership strategies.

845–849 W. 16th St, Newport Beach consists of two buildings on one parcel. Both buildings are currently leased; however, 845 W. 16th Street may be available for occupancy on March 1, 2027.  An investor may acquire the property with existing cash flow, while an owner-user may have the opportunity to occupy one or both buildings as leases expire.

The property offers convenient access to the 55 Freeway, Pacific Coast Highway and Newport Harbor, with nearby amenities including Hoag Hospital.

847 & 849 W. 16TH STREET FEATURES:

• ±10,956 SF building

• Approximately 80% HVAC creative space with open ceiling and exposed ducting

• 12’ - 16’ Warehouse clear height

• 2.7:1,000 Parking ratio (verify)

• 100 Amps of power (verify)

• Divisible into two units

• Three ground level loading doors

• 16th Street frontage/signage

845 W. 16TH STREET FEATURES:

• ±9,144 SF building

• 100% HVAC creative space with open ceiling and exposed ducting

• 12’ Clear height

• 2.7:1,000 Parking ratio

• 100 amps of power (verify)

• Fire sprinklers and secured parking/yard area

• One ground level loading door

• Renovated in 2015 with large kitchen, conference room and open production area

• New roof coating in 2024