2285 Newport Blvd

MOTIVATED SELLER, MAJOR PRICE ADJUSTMENT. SELLER FINANCING OPTION AVAILABLE. 
The Taormina Real Estate Group is pleased to present 2285 Newport Blvd, a rare opportunity to acquire or redevelop a prime multi-tenant retail property on over an acre of land in the heart of Costa Mesa, CA.

The property is currently anchored by a well-established car wash business, owned and operated by the seller. This business has been trusted in the community for nearly three decades. The buyer has the option to continue operating the profitable car wash business which generates approximately $65,000 per month in revenue. Alternatively, the buyer may elect to re-tenant/redevelop the site for a variety of uses.

In addition to the anchor car wash business, the site also features rental income from four established tenants, including an auto dealer, auto repair shop, and other auto-related uses. These tenants collectively generate $11,700 per month in gross rental income.

This is the first time this property has been offered for sale in many years, making it a rare opportunity for an investor or developer. 

CALL FOR PRICING GUIDANCE - DO NOT DISTURB OCCUPANTS.