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Owner/User Opportunity 1990 Harbor Blvd

2,442 SF Retail Building Costa Mesa, CA 92627 $2,000,000 ($819/SF)

Investment Highlights

  • Ideal 1031 Investment with no landlord responsibilities.
  • City of Costa Mesa is a limited license jurisdiction. Property is uniquely qualified for retail cannabis sales.
  • Excellent Access to 55 FWY and 405 FWY.

Executive Summary

1990 Harbor is a high-performing store by a best-in- class operator. Built out as a dispensary along with business entity available separately.  Owners will benefit from a strong return on the investment and ease of management with no landlord responsibilities. The building underwent a partial reconstruction and extensive renovations. The renovation budget included in $560,000 tenant improvements and  in building renovations, providing a new owner with a beautifully refurbished property. The offering is a great investment opportunity for a 1031 exchange. Estimated Traffic Count: Approximately 38,000 plus cars per day.
Business sold separately. Contact broker for more details.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Drug Store
Building Size
2,442 SF
Building Class
C
Year Built
2022
Price
$2,000,000
Price Per SF
$819
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.22 AC
Zoning
C1
Parking
11 Spaces (4.5 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Grocery Outlet
Yard House
Credit Union Of Southern California
Buffalo Wild Wings
24 Hour Fitness
The Coffee Bean & Tea Leaf
Bank of America
Chase Bank
Jazzercise
Smart & Final

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
419-203-05
Land Assessment
$1,721,862
Improvements Assessment
$98,838
Total Assessment
$1,820,700
  • Listing ID: 32323791

  • Date on Market: 7/2/2024

  • Last Updated:

  • Address: 1990 Harbor Blvd, Costa Mesa, CA 92627

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