***FANTASTIC INVESTMENT*** This property sits at one of the top signalized intersections in Orange County and has incredible income that makes this a 6.45% Cap! This beautiful retail strip was renovated in 2022 and is highly profitable. Situated at a coveted signalized intersection in the heart of Costa Mesa, this property commands premium rents and is poised for future income growth for years to come as the primary tenant has invested significantly to make this it's signature store location in California. The property has ample parking and is located at the corner of two major thoroughfares (Adams Ave and Harbor Blvd) with great corner signage, close proximity to freeways, top retailers, malls, grocery stores, abundant dining options and schools. This corner property will always be in high demand and is truly a rare opportunity to own a prime commercial asset in a thriving market area. Locations like this do not come along very often.
Electricity Connected, Sewer Connected, Water Connected, Phone Connected
|Price Reduced from $8,900,000 to $8,500,000||$400,000 (4.49%)|
Based on information from California Regional Multiple Listing Service, Inc. as of March 25th, 2023 at 7:18pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.