About 110-118 E 16th St
Highly desirable industrial buildings in the heart of Newport Beach and Costa Mesa now available! Currently serving as the headquarters for a top tier vintage Ferrari dealer and other automotive tenants, this prime location sits near Newport Blvd, Superior Ave, 17th Street, the 55 Freeway and Pacific Coast Hwy with easy access to everything.
This area is growing in popularity with trendy restaurants, retail stores and residential neighborhoods nearby and its close proximity to the best beaches, entertainment and hospitals make this an amazing investment property.
As part of Costa Mesa’s 19 West Urban Plan, this site is also perfect for mixed use development. The specific plan allows for up to 4-stories with a density of 1.0 - 1.25 FAR and based upon a city site analysis, it appears that up to 36 units may potentially be developed.
It is rare for an asset like this to become available in this area, so don’t let this opportunity slip by.
