314–322 North Old Newport Boulevard presents a unique opportunity to acquire a ±3,000 SF building on a sizable 12,197 SF lot in the heart of Newport Beach, directly across from Hoag Hospital. Located in a prime medical and commercial corridor, the property benefits from proximity to premier destinations such as Mariners Mile, Lido Village, Newport Bay, and Costa Mesa’s 17th Street. All current tenants are on month-to-month leases, offering immediate flexibility for owner-users, investors, or developers.

The lot’s size and location make it well-suited for redevelopment, with potential for subterranean parking, rear access from Holmwood Drive, and two-story construction featuring ocean views. Whether maintained as-is or transformed into a modern medical, office, or mixed-use project, this property is a rare opportunity in one of Orange County’s most supply-constrained and sought-after submarkets.