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Two-Suite Coastal Retail Property
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3840 East Coast Hwy, Newport Beach, CA 92625

Ground-level storefront with rooftop parking and flexible configuration for restaurant or retail use.

Property Size2,100 SF
Days on Market143

Property Features for 3840 East Coast Hwy

General Information

Standard status Active
Size 2,100 SF
Total Parking Spaces 7
Property subtype Retail

Site & Location

Frontage 33 ft
Corner Location Yes
Traffic Count 57,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Floor Ground

Building Details

Buildings 1
Listing Agency: Marcus & Millichap - Orange County
Listed By: Paul Bitonti · License #CA 01325076
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 3:01AM

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

Investment Insights

Based on property information with market context.

This ground-level retail property contains 2,100 square feet arranged as two suites: an 850-square-foot space and a 1,250-square-foot restaurant occupied by Nagisa Sushi, which has operated at the property for 37 years. The interior division can be removed to create a larger single-user layout, including a restaurant configuration. Seven rooftop parking spaces serve the building.

The property fronts Pacific Coast Highway at Hazel Drive in Corona del Mar, with 33 feet of frontage and traffic counts exceeding 57,000 cars per day. The site is two blocks from the Pacific coastline and beaches, within a walkable coastal setting that includes outdoor cafés, boutiques, shops, and restaurants. The surrounding area includes 180,981 people within a 5-mile radius, with population growth of 6.1% annually.

Key Highlights

  • 2,100 square feet of ground‑level retail space
  • Two suites measuring 850 square feet and 1,250 square feet
  • Nagisa Sushi has occupied the property for 37 years

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Restaurant Auto Repair Shop Dental Office Auto Parts Store Big Box & Wholesale Store

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

Lease Details

57,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

923
Businesses Nearby

Demographics for 92625, CA

12,017
Population
6,802
Households
1.8
Avg Household Size
54
Median Age
73%
College-Educated
99%
High-School Grad
2.6 sq mi
ZIP Area
4,622
Density / Sq Mi
$197,628
Median Household Income
$114,295
Median Earnings
$3,501
Median Rent
$2,000,001
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-level storefront with rooftop parking and flexible configuration for restaurant or retail use.
Where is this retail space located?
The property is located at 3840 East Coast Hwy Newport Beach, CA.
What are key features of this property?
This property features: 2,100 square feet of ground‑level retail space; Two suites measuring 850 square feet and 1,250 square feet; Nagisa Sushi has occupied the property for 37 years
(949) 419-3246 Call to check price and availability
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