Costa Mesa, California, is an attractive location for investors seeking to purchase a restaurant, with 2 listings available. Restaurants in Costa Mesa offer a unique investment opportunity, as they can cater to the diverse population of around 110,000 residents and visitors alike. These establishments can take various forms, such as fine dining, casual eateries, or specialty restaurants, each with its own unique appeal. Costa Mesa's strong economy, centered around retail, commerce, and light manufacturing, creates a favorable environment for restaurants to thrive. The city's amenities, including the Costa Mesa Civic Center, Pacific Amphitheatre, and Segerstrom Center for the Arts, attract visitors and locals, making it an ideal location for restaurants. Additionally, the city's proximity to the Pacific Ocean and its semi-arid climate with mild temperatures year-round make it an attractive destination for tourists and residents alike.
Costa Mesa's restaurants benefit from the city's diverse demographics and strong economy. With a median household income of $65,830, residents have a high disposable income, making them more likely to dine out. The city's infrastructure, including the Costa Mesa Civic Center and the Orange County Transportation Authority (OCTA) bus lines, ensures easy accessibility for customers. In addition to restaurants, Costa Mesa also offers other investment opportunities, such as Apartment Buildings, which can provide a steady income stream; Shopping Centers, which can capitalize on the city's strong retail sector; Specialty Properties, which can cater to the city's diverse industries; and Hotels, which can accommodate the city's many visitors. Overall, Costa Mesa's unique blend of economy, demographics, and amenities makes it an attractive location for investors seeking to purchase a restaurant or explore other investment opportunities.
What is the average cost per square foot for a restaurant in Costa Mesa?
The average cost per square foot for a restaurant in Costa Mesa is $913 USD per square foot, with an average size of 14,257 square feet and a largest size available of 34,714 square feet, among the 2 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Costa Mesa?
The value of a restaurant for sale in Costa Mesa is determined by a combination of factors, including:
- the average price per square foot, which is currently $913 USD per square foot, and the average size of the restaurant, which is approximately 14,257 square feet;
- the location of the restaurant, with proximity to major attractions like the Orange County Fair, South Coast Plaza, and the Pacific Amphitheatre, as well as accessibility to major freeways like State Route 73 and State Route 55, contributing to its value;
- the overall condition and amenities of the property, including the size and layout of the dining area, kitchen, and storage spaces, as well as any unique features like outdoor seating or a full bar, which can impact its appeal to potential buyers.
