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1775 Newport Blvd 3,050 SF Vacant Retail Building Costa Mesa, CA 92627 $3,499,000 ($1,147.21/SF)
Investment Highlights
- Price is negotiable
Executive Summary
Rare Opportunity to Acquire West Side Costa Mesa Building
• Convenient Access to 55, 405, and 73 Freeways
• Prominent Signage Facing Newport Blvd.
• Trophy Location with access to Schools, Recreation, and
General Entertainment
• Zoned: C-2 Retail Commercial
• Total Building Size: ±3,050 SF
• Suite A: ±1,725 SF
• Suite B: ±1,325 SF
• Private Parking is Located in Back of Building Along with
Public Parking Directly in Front Along Newport Blvd.
• High Traffic Location : Newport Blvd & 17th St: 94,210 CPD
55 Fry & 17th St: 93,669 CPD
• Building Can Be Vacant Upon Close of Escrow
2% to procuring broker broker
• Convenient Access to 55, 405, and 73 Freeways
• Prominent Signage Facing Newport Blvd.
• Trophy Location with access to Schools, Recreation, and
General Entertainment
• Zoned: C-2 Retail Commercial
• Total Building Size: ±3,050 SF
• Suite A: ±1,725 SF
• Suite B: ±1,325 SF
• Private Parking is Located in Back of Building Along with
Public Parking Directly in Front Along Newport Blvd.
• High Traffic Location : Newport Blvd & 17th St: 94,210 CPD
55 Fry & 17th St: 93,669 CPD
• Building Can Be Vacant Upon Close of Escrow
2% to procuring broker broker
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,050 SF
Building Class
B
Year Built
1973
Price
$3,499,000
Price Per SF
$1,147.21
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
0.12 AC
Zoning
C2 - General Business District
Parking
12 Spaces (3.93 Spaces per 1,000 SF Leased)
Frontage
45’ on Newport Blvd
Amenities
- Signage
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 424-271-05 | Improvements Assessment | $432,972 |
| Land Assessment | $2,154,040 | Total Assessment | $2,587,012 |
Property Taxes
Parcel Number
424-271-05
Land Assessment
$2,154,040
Improvements Assessment
$432,972
Total Assessment
$2,587,012
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1775 Newport Blvd
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