About this home

Outstanding Balboa Island Commercial and Residential Mixed-Use building, centrally located near the Ferry, Balboa Pavilion, shopping, and restaurants. At 3,026 square feet, this is one of the largest buildings on the Island on a standard 30 x 85-foot lot. The lower-level commercial space has previously been leased as a dentist's office but would be ideal for a wide variety of retail or professional uses, and may also be leased as two separate commercial spaces. Behind this space are two large office/workshop areas, a half bathroom, and laundry facilities. The upstairs unit is bright and spacious, with three bedrooms, two baths, and an abundance of built-in storage. Completing the upper level is a huge, inviting, partially covered deck, perfect for daily living, dining, and entertaining. This unit is currently leased as a residence with long-term tenants. In the rear of the property is a two-car garage, plus open spaces for one or two additional vehicles. 122 Agate is a rare and exciting offering, perfect for a homeowner, entrepreneur, or investor!

Facts and features

Schools

• Abraham Lincoln Elementary School

  elementary · K-6 · 2.1 mi

  9

• Corona Del Mar High School

  middle · 7-12 · 2.2 mi

  8

• GERMAN SCHOOL campus

  elementary · 3-12 · 1.4 mi

• Newport Elementary School

  elementary · K-6 · 1.2 mi

  8

• Horace Ensign Intermediate School

  middle · 7-8 · 1.4 mi

  9

• Newport Harbor High School

  high · 9-12 · 1.4 mi

  9

Price history

• Jul 22, 2026 · Listed$3,195,000

Where it is