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Listed by Andrew Azer • Home Smart Evergreen Realty
$4,250,000
Est. payment /mo
6,000 SqFt
UPDATED:
02/06/2025 06:12 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $708
MLS Listing ID CRNP24210758
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1980
Lot Size 0.540 Acres
Property Sub-Type Mixed Use
Property Description
Perfect for Owner User, Investor, Developer! Rare Coastal Southern California Investment Opportunity 6,000 square feet on a huge over 23,000 square foot lot. This property is located in the exclusive and affluent area of East side Costa Mesa, just outside of Newport Beach. In August 2024, the median listing price for a home in East side Costa Mesa, California was $2.3 million. Highly Trafficked Freeway (On & Off Ramp) Location: This property features excellent street frontage and visibility along Newport Blvd (16,124 VPD). Additionally, the property benefits from it’s close proximity to the 55, Freeway (149,930 VPD), which is the main freeway in Orange County leading directly to Newport Beach and other beach cities (Corona Del Mar, Huntington Beach, etc), Ease of Access from nearby freeway on & off ramps - would make an, ideal office or destination location (i.e. surf shop, doctor office, dental shop, ETC). Value-Add and/or Owner/User Opportunity Due to the approximate 50% physical occupancy as well as existing Month-to-Month tenancies, the property could be used in part or in whole by an Owner-User and may qualify for SBA financing. Buyer to verify. Significant Tenant Improvements for Potential Medical Office Use -Suite D was recently extensively renovated for a potential medi
Location
State CA
County Orange
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
Water Public
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