Live/work or development opportunity.
This unique property has several possibilities for both owner users and developers. It is the ideal true live/work property, where you can live in an adorable little 2-bedroom, one-bath home, in mint condition with a private back yard for your pet and be able to walk a few feet out your front door to your business. The property consists of four structures: a cute little historic home built in the 1800’s, a two-car garage with laundry room, a fitness studio, and an 1890 sq ft industrial building with high ceilings which includes two restrooms, showers, and a private office. You could save time and fuel costs with your home and business all in one location, while still having privacy with your home and commercial building separated in different buildings. This is a professional’s dream to be close to shopping, Newport Beach, Newport Harbor, the 55, 405 and 73 freeways, Hoag Hospital, medical professionals, restaurants, entertainment, and numerous other professional businesses. Your clients and customers will easily find you, as this property is conveniently located right off the 55 freeway and has ample convenient parking on site.
The property’s flexible C1 (Local Business) zoning, offering numerous use possibilities including, but not limited to; medical uses such as chiropractors, acupuncture, physical therapist, massage therapist, dentist, doctors, and many other medical practices as well as numnerous non-medical professional uses like family and marriage counselors, psychiatrist, psychologists, coaches, personal trainers, attorneys, accountants, architects, insurance, real estate professionals, musicians, artist, auto mechanics and countless others.
This 18,260 SF property also lends itself well to an urban infill opportunity, where a developer could build medical offices due to its proximity to Hoag Hospital and other medical providers, retail, general office, mixed use, multifamily, etc. (buyer to confirm with city of Costa Mesa). The house, industrial building, and fitness studio could all be leased out short term, while obtaining the necessary permits to commence construction.
You are not going to miss out on this truly one-of-a-kind East Side Costa Mesa real estate opportunity.