2156 Newport BlvdCosta Mesa, CA 92627

This exceptional 3,040-square-foot standalone office building presents a unique owner-user opportunity in the vibrant Costa Mesa market. Situated on a 0.21-acre lot at 2156 Newport Boulevard, this Class B property boasts high visibility with over 11,800 vehicles passing daily. The building, constructed in 1990 and extensively renovated in 2022, features two stories. The ground floor is currently leased under a modified gross lease with a remaining term of one year, generating annual income of $31,200. This lease extends through December 31, 2025, providing immediate cash flow. The second floor, approximately 1,600 square feet, is vacant and ready for immediate occupancy by an owner-user. The property includes 18 parking spaces and benefits from a secure gate and block wall perimeter. The permitted zoning is C-1. The asking price is $1,895,000, translating to $623.36 per square foot. This represents a compelling investment opportunity, combining income generation with the potential for owner-occupancy in a prime location. The property's recent renovations, ample parking, and high visibility make it ideal for a variety of uses. Note that Measure K, approved in November 2022, allows for housing development in select commercial/industrial areas within Costa Mesa.