$3,950,000
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.
NP26226005
MLS
⋅
Active
Status
2302 Newport Boulevard, Costa Mesa