Eastside Costa Mesa Retail
2428 Newport Blvd, Costa Mesa, CA 92627
Call to check price and availability
Multi-tenant retail property with value-add potential in Costa Mesa.
Type:Retail
Property size:
5,625 SFLot size:
0.45 AcresPrice / SF:
$514/SF- Added:
- Jan 27, 2026
- Days on Market:
- 105
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 2428 Newport Blvd
General Information
- Standard status
- Active
- Size
- 5,625 SF
- Lot size
- 0.45 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1961
Listing agent Gil Corber License #CA 01378982
Listing office Marcus & Millichap - Orange County (310) 367-7611
Listing date Jan 27, 2026
Source Crexi
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 Marcus & Millichap - Orange County
HighLights
- Prime Eastside Costa Mesa location with high visibility on Newport Boulevard and easy access to major freeways.
- Value‑add opportunity through lease‑up of vacant space and increasing below‑market rents.
- Owner/user opportunity with flexibility to occupy a portion of the property.
- Strong physical fundamentals including prominent signage, gated storage yard, and ample parking.
- Located in a densely populated residential area near Newport Beach, Triangle Square, South Coast Plaza, John Wayne Airport, and the Irvine Business Complex.
- Limited new retail development in the area supports long‑term occupancy and rent growth.
Overview
This multi-tenant retail property, totaling 5,625 square feet, is located on a 0.45-acre parcel along Newport Boulevard in Eastside Costa Mesa. The property benefits from high visibility and traffic exposure, with access to State Route 55, Interstate 405, and State Route 73. Currently, the property is approximately 46% leased with a mix of short-term and month-to-month tenants, offering flexibility for an owner/user or investor to occupy a portion of the property while maintaining income. Several in-place rents are below market, providing a value-add opportunity through lease-up and rental rate growth. The property includes pylon and building signage, a gated storage yard generating income, and a parking ratio of approximately 6.22 spaces per 1,000 square feet. These attributes support a range of retail and office uses. Located in Eastside Costa Mesa, the property is surrounded by residential neighborhoods and is near Newport Beach, Triangle Square, South Coast Plaza, John Wayne Airport, and the Irvine Business Complex. Limited new retail development in the area supports long-term occupancy and rent growth.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
4n Prints
Textile Manufacturer
H3 Ministries
Church
Lucy‘s bodywork
Alternative Medicine Practice
Brothers Marine Canvas
(Bike/Boat/Book/etc) Store
ADopeLife
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Costa Mesa
- County
- Orange
- State
- California
- Longitude
- -117.901684
- Latitude
- 33.65743
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Multi-tenant retail property with value-add potential in Costa Mesa.
Where is this retail space located?
The property is located at 2428 Newport Blvd Costa Mesa, CA.
What is the asking price?
The asking price for this property is $2,895,000.
What are key features of this property?
This property features: Prime Eastside Costa Mesa location with **high visibility on Newport Boulevard** and easy access to major freeways.; Value‑add opportunity through lease‑up of vacant space and increasing below‑market rents.; Owner/user opportunity with flexibility to occupy a portion of the property.
