2285 Newport Blvd - Angel's Auto Spa
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2285 Newport Blvd - Angel's Auto Spa
6,400 SF Speciality Building Offered For Sale in Costa Mesa, CA 92627
Investment Highlights
- Traffic Count: 176,481 Vehicles Per Day
- Option to continue operating the profitable car wash business which generates approximately $65,000 per month in revenue
- Tenants generate $11,700/month of rental income
- 40 on-site parking spaces and two driveways
- Major visibility from 55 freeway and Newport Blvd
- 85 foot long car wash tunnel
Executive Summary
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.
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.
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Property Facts
| Sale Type | Investment or Owner User | Building Size | 6,400 SF |
| Property Type | Speciality | Number of Floors | 1 |
| Property Subtype | Car Wash | Year Built | 1966 |
| Building Class | C | Parking Ratio | 6.25/1,000 SF |
| Lot Size | 1.05 AC |
| Sale Type | Investment or Owner User |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.05 AC |
| Building Size | 6,400 SF |
| Number of Floors | 1 |
| Year Built | 1966 |
| Parking Ratio | 6.25/1,000 SF |
Amenities
- Bus Route
- Signage
Walk Score ®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 419-101-13 | Improvements Assessment | £485,489 |
| Land Assessment | £309,551 | Total Assessment | £795,040 |
PROPERTY TAXES
Parcel Number
419-101-13
Land Assessment
£309,551
Improvements Assessment
£485,489
Total Assessment
£795,040
zoning
| Zoning Code | C2, Costa Mesa |
| C2, Costa Mesa |
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2285 Newport Blvd - Angel's Auto Spa
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