2302 Newport BLVD, Costa Mesa, CA 92627
2302 Newport BLVD, Costa Mesa, CA 92627
2302 Newport BLVD, Costa Mesa, CA 92627
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$3,950,000
Est. payment /mo
0.41 Acres Lot
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP26226005

HOA Y/N No

Lot Size 0.410 Acres

Lot Dimensions Public Records

Property Sub-Type Mixed Use

Property Description

Prime Eastside Costa Mesa Commercial Land | Income-Producing Investment & Redevelopment Opportunity- An exceptional opportunity to acquire approximately 17,860 square feet (±0.41 acres) of commercially zoned land along Newport Boulevard, one of Eastside Costa Mesa's most prominent commercial corridors.

Strategically positioned just minutes from Newport Beach, the 55 Freeway, The Triangle, South Coast Plaza, and John Wayne Airport, the property offers excellent regional connectivity, prominent street frontage, and convenient access to some of Orange County's most desirable coastal communities.

Currently improved with the long-established Feed Barn, the property carries C1 (Local Business) zoning and presents multiple potential investment strategies, including continued commercial use, repositioning, or future redevelopment.

Importantly, the parcel is situated within Costa Mesa's voter-approved Measure K corridor, creating additional potential for residential or mixed-use development, subject to applicable zoning requirements, entitlements, and City approvals.

Immediate Income with Long-Term Upside: The existing occupant offers the opportunity for continued occupancy for up to 24 months at $10,000 per month ($120,000 annually), providing interim income while a purchaser evaluates development concepts, pursues entitlements, or prepares for future improvements.

Offered at approximately $223.68 per square foot of land, the property represents a compelling opportunity to acquire a substantial parcel in a highly desirable coastal Orange County location.

Location

State CA

County Orange

Area C5 - East Costa Mesa

Zoning C1

Interior

Heating None

Cooling None

Fireplace No

Laundry None

Exterior

Fence Block, New Condition, Wrought Iron

Utilities Available Electricity Available, Natural Gas Available, Water Available

Roof Type Shingle

Building

Lot Description 0-1 Unit/Acre, Flag Lot, Near Public Transit, Rectangular Lot

Story 1

Water Public

Others

Tax ID 43927101

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


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Listed by Stephanie Peterson Arbor Real Estate 949-400-1717, DRE #01984954

Nearby School & Business

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Jim Amen

Jim Amen

+1(916) 718-8604

Broker CA DRE#01841461

Broker CA DRE#01841461

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