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Freestanding Retail Building in Newport Beach
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124 East 17th Street, Costa Mesa, CA 92627

Highly visible retail building in Newport Beach with excellent frontage.

Property Size2,340 SF
Lot Size0.20 Acres
Days on Market163

Property Features for 124 East 17th Street

General Information

Standard status Active
Size 2,340 SF
Lot size 0.20 Acres
Property subtype Retail

Building Details

Building Size 2,340 SF
Year Built 1961
Listed By: Stephen Madigan
Source: Lee-associates
Added: Mar 27 Changed: Sep 4 Last Checked: Sep 5 at 4:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stephen Madigan

Investment Insights

Based on property information with market context.

This approximately 2,340 square foot freestanding retail building offers an opportunity for an owner-user or investor in Newport Beach. The property is situated on approximately 0.20 acres (approximately 8,712 SF of land) with 60 feet of frontage on 17th Street. Constructed in 1961 with wood-frame construction, the single-story building offers a 2,340 SF open floor plan suitable for retail, showroom, or service-oriented uses. The property is currently fully licensed and configured for single-tenant occupancy. The site provides 14 dedicated surface parking spaces, delivering a 5.98/1,000 SF parking ratio. The surrounding neighborhood features a mix of national retailers, restaurants, and daily-needs services, contributing to a Walk Score of 92 (Walker’s Paradise). Retail rents in the submarket are estimated between $3.31 and $4.04 per square foot NNN. This freestanding building is suitable for retail users, boutique operators, medical/beauty concepts, or specialty service providers.

Key Highlights

  • Prime Newport Beach location with high visibility and 60 feet of frontage on 17th Street.
  • Exceptional parking ratio of 5.98/1,000 SF with 14 dedicated surface parking spaces.**
  • High Walk Score of 92 (Walker’s Paradise) with convenient access to surrounding retail amenities, national retailers, and restaurants.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Daycare Center Grocery & Convenience Store Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,198
Businesses Nearby
Well-served
Demand for This Use

Demographics for 92627, CA

61,764
Population
23,286
Households
2.7
Avg Household Size
36
Median Age
42%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
9,651
Density / Sq Mi
$105,039
Median Household Income
$49,236
Median Earnings
$2,299
Median Rent
$1,074,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Highly visible retail building in Newport Beach with excellent frontage.
Where is this storefront property located?
The property is located at 124 East 17th Street Costa Mesa, CA.
What are key features of this property?
This property features: Prime Newport Beach location with **high visibility and 60 feet of frontage on 17th Street.**; Exceptional parking ratio of 5.98/1,000 SF with 14 dedicated surface parking spaces.**; High Walk Score of 92 (Walker’s Paradise) with convenient access to surrounding retail amenities, national retailers, and restaurants.
More about this property
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