The Balboa Theater offers a rare chance to acquire a historically significant property in the heart of Newport Beach’s Balboa Village, directly across from the revitalized Balboa Fun Zone and steps from the beach. This ±5,200 SF building on a ±5,200 SF lot draws consistent foot traffic and benefits from the area's year-round tourism.

Previously entitled for redevelopment—both as an open-air concept and a theater/restaurant with rooftop dining—the expired plans provide a potential roadmap for future use. Currently in shell condition, the property presents a compelling opportunity for an owner-user or investor to reposition a landmark asset in one of Southern California’s most dynamic coastal districts.