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 feet of water frontage) Zoned MU-W2 by the City of Newport Beach, along with two additional nearby over-sized interior corner lots, zoned MU-H4. 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 new Lido House boutique hotel at the former City Hall location, making this an amazing offering to the right developer with the right ideas.
Listing courtesy of Timothy Carr from Villa Real Estate
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