Costa Mesa, CA

This single-story retail property offers 9,500 square feet of leasable space on a 16,480 square foot lot with prominent frontage along a main thoroughfare in Costa Mesa, California. Strategically located just 1.3 miles from Newport Beach and its iconic pier, the property sits within an Opportunity Zone, providing potential tax advantages. It has been leased to the same anchor tenant, New York Hardware, Inc., since acquisition—a specialty retailer offering decorative cabinet, bath, and plumbing hardware. In 2024, the property generated $107,000 in income under a modified gross lease at $9,000 per month. The area surrounding the property has undergone substantial development, including the 17 West live/work community, signaling a strong trend toward revitalization and increased property values. Costa Mesa’s Mixed-Use Overlay District is accelerating the transformation of older industrial and commercial spaces into vibrant, mixed-use environments blending residential, retail, and public amenities.