Orange, Commercial for Sale – 2900 Lafayette Ave, Newport Beach, CA 92663, USA -001-11-30T00:00:00-08:00
An exciting new development opportunity presents itself in the prospering Cannery Village area of Newport Beach. This is a unique occasion to acquire a prime property portfolio consisting of two parcels (combining for over 180 ft of water frontage) along wit
2900 Lafayette Ave, Newport Beach, CA 92663, USA
$15,295,000 USD
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Address2900 Lafayette Road, Newport Beach
Property SubtypeMulti Family
Price$15,295,000
Price Changed9.49% (-$1,605,000, 141 days ago)
Property TypeCommercial Sale
Year Built2000
Bedrooms Total0
Living Area31,175 ft2
Listing IDNP16767819
StatusActive
Parcel Number04702208
Special ConditionsStandard
Days on Market154

Detailed Description: An exciting new development opportunity presents itself in the prospering Cannery Village area of Newport Beach. This is a unique occasion to acquire a prime property portfolio consisting of two parcels (combining for over 180 ft of water frontage) along with two additional nearby over-sized interior corner lots. Preliminary plans propose 10 mixed use units (residential + office) and a 10 slip marina. The Cannery Village has become a local hot-spot and enjoys a close proximity to the Lido Marina Village with its high-end shops and restaurants, the upcoming Lido House boutique hotel at the former City Hall location, and The Vue condominium project, making this an amazing offering to the right developer with the right ideas.

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Address Information
Address2900 Lafayette Road, Newport Beach
Street SuffixRoad
CityNewport Beach
Location (MLS Area)N8 – West Newport – Lido
County Or ParishOrange
State or ProvinceCA
Postal Code92663
CountryUS
Financial Information
Price Changed-9.497%
Previous Price$16,900,000
Price per Square Foot$490.62
Special ConditionsStandard
Tax Year2000
Full Descriptions
Parcel Number04702208
Detailed DescriptionAn exciting new development opportunity presents itself in the prospering Cannery Village area of Newport Beach. This is a unique occasion to acquire a prime property portfolio consisting of two parcels (combining for over 180 ft of water frontage) along with two additional nearby over-sized interior corner lots. Preliminary plans propose 10 mixed use units (residential + office) and a 10 slip marina. The Cannery Village has become a local hot-spot and enjoys a close proximity to the Lido Marina Village with its high-end shops and restaurants, the upcoming Lido House boutique hotel at the former City Hall location, and The Vue condominium project, making this an amazing offering to the right developer with the right ideas.
Water SourcePublic
Property parameters
Year Built2000
Living Area (Sq.Ft.)31,175 ft2
Water SourcePublic
Land Usage DescriptionMulti-Family, Other
Property SubtypeMulti Family
Building StatusProposed
Listed withTimothy Carr (Villa Real Estate)