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$4,700,000

Est. payment - /mo

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6,000 SqFt

Active

2146 Newport Blvd Costa Mesa, CA 92627

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/19/2024 10:55 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $783

MLS Listing ID NP24210758

HOA Y/N No

Year Built 1980

Lot Size 0.540 Acres

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 medical
office space use. Buyer may need to obtain an additional Modified
CUP to allow medical use for this suite. Alternately, it is estimated that
a change from massage to retail would reduce parking demand to
allow medical use at Suite D. Buyer to verify the potential medical use
with the City of Costa Mesa. Call Now for a Private???????????????????????? Tour.

Location

State CA

County Orange

Area C5 - East Costa Mesa

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Utilities Available Other

Roof Type Other

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Tax ID 42612140

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange, Lease Option, Submit

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange, Lease Option, Submit

Special Listing Condition Standard, Trust

Listed by Andrew Azer • Home Smart Evergreen Realty • 818-425-4925

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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