141 E 16th St
Costa Mesa, CA 92627

Currently 100 year-old boatyard, Zoned C2 in Mixed Use overlay within top ranked Opportunity Zone! May continue industrial use as Boat Building - A Rare Find anywhere in the Western United States! Ideal Tenant is a Maritime Accelerator or Incubator utilizing the tax benefits and grant programs for Qualified Opportunity Zone Business specializing in USCG Commercial Vessels for Charter or Transport. (Open to Joint Venture) In Measure Q - Cannabis Retail and Delivery (Ballot Initiative for November 2020). Highly Flexible C2 Zoning Uses - offers prospective tenants access to low tax basis for Adaptive Reuse of Historic Buildings with low tax basis on the buildings to meet substantial improvement criteria in the Opportunity Zone program, and so much potential for use of outside space and necessary parking, and Monument Signage to the Newport Blvd intersection with 120k affluent commuters daily. Appealing to tenant uses in the following industries: yacht broker or other maritime, institutional - school or churches, self storage, commercial kitchens, special events, brewery, restaurant, medical, retail, offices, nursery, doggie daycare with veterinarian, ...Ask the City about 6 Month Expedited Review and Director Discretion for Adaptive Reuse in the 19 West Overlay! Vertical Development with up to 4 story and ocean views possible under 19 West Mixed Use Overlay - Much of the predevelopment costs already completed; including Recorded Boundary Survey, Topo Survey, Phase I and Phase II Environmental Studies, ATT Fiber to the Property, City Water, Southern California Power. Triple Bottom Line Opportunity - Low Taxes = $5k year!