2744 E Coast Hwy - Storefront Retail/Office FOR SALE


Corona Del Mar, CA 92625
$10,000,000 USD
949-229-2273
2744 E Coast Hwy, Corona Del Mar, CA for Sale
$10,000,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | 4.39% Cap Rate

2744 E Coast Hwy
Corona Del Mar, CA 92625


OVERVIEW

Coastal Commercial is pleased to offer 2744 E. Coast Highway, a rare and highly visible multi-tenant retail property located in the heart of Corona del Mar, one of Southern California’s most affluent coastal communities. This ±5,750 SF retail asset sits along the premier East Coast Highway corridor, a highly trafficked thoroughfare connecting luxury residential neighborhoods, world-class beaches, and the vibrant village center. The property benefits from excellent frontage, significant pedestrian traffic, and exposure to over 50,000 vehicles per day, making it an ideal location for service-oriented and retail tenants seeking a prestigious coastal presence. Surrounded by boutique retailers, fine dining establishments, and lifestyle-focused businesses, 2744 E. Coast Highway offers a stable income profile with multiple avenues for future upside. Investors have the opportunity to capitalize on long-term value creation through rent growth, tenant repositioning, or aesthetic upgrades in a market characterized by limited new development and high barriers to entry. The property’s location, coupled with Corona del Mar’s strong demographics and enduring desirability, makes this an exceptional acquisition for investors seeking both current income and long-term appreciation in a supply-constrained coastal submarket. With its combination of irreplaceable location, walkable retail environment, and strong coastal fundamentals, 2744 E. Coast Highway represents a compelling investment opportunity for both institutional and private investors looking to secure a high-profile asset in one of Orange County’s most sought-after communities.

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$1,855 USD /SF

CAP RATE

4.39%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

C1, Newport Beach

APN/PARCEL ID

459-034-16

ASK ABOUT THIS PROPERTY

Nathan HolthouserCoastal Commercial Inc.More Info
949-229-2273

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Nathan HolthouserCoastal Commercial Inc.More Info
949-229-2273

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.