Newport Beach CA Real Estate & Commercial for Sale

Iconic, mixed-use 2-unit building located in Newport Beachs popular Cannery Village. This Mediterranean-style property offers one residential unit and one commercial office/retail space. Upstairs you will find an extremely large residential unit consisting of 4 bedrooms, 3 of which are en suite, and 3.5 bathrooms. THIS RESIDENTIAL UNIT HAS A SHORT-TERM LODGING PERMIT and is currently being used as a short-term rental. It is a generous 2,117 square feet and boasts peek-a-boo water views of the harbor from the living room and large front sundeck. Updated and remodeled throughout with thoughtfulness to preserve some of the original elements of the vibrant property. A perfectly placed center atrium brings an abundance of natural light into the center of the home. Vaulted ceilings, skylights, and open spaces give a sense of vastness. There is a laundry room conveniently located in the hallway. The primary bathroom has an oversized operable skylight that can be opened for natural air circulation. This residential unit has 2 dedicated garage spaces that are tandem parked. Downstairs you will find a versatile commercial office/retail space that is approximately 1,000 square feet. There is a dedicated bathroom for the commercial space and in the rear, you will find 4 car parking with easy access off the alley. It is currently leased as office space at $3,200 per month with the end of the lease term in mid-June, 2025. You cannot ask for a better location! Centrally located in the heart of the Balboa Peninsula within the charming Cannery Village. The oversized lot size of this property is slightly wider than the typical 30-foot-wide standard lot size found in this area. Most of the mixed-use properties located nearby have a live/work deed restriction that requires the same owner to occupy the residential unit as well as run the downstairs commercial business. This property does NOT have that deed restriction. This means that each unit can be occupied by a completely separate and independent party. Note: The Seller would like to do Seller-Financing for qualified Buyers on terms that are favorable and agreeable to all parties.

Now priced $550,000 below comp across the street. Located in the highly coveted Cannery Village enclave of Newport Beach, this Exquisitely reimagined Newport Beach property is 2810 sq ft of living space with an additional 1000 sq ft of Garage space including a full 3 car garage and total parking for 5 cars! Developer spent over $700,000 on improvements .UPSTAIRS includes 1800 sq ft of living space with THREE BEDROOMS and 2 BATHROOMS. DOWNSTAIRS has approximately 1000 sq ft of RETAIL space and two adjoining extra tall garages. Plenty of parking for you and your guests with two oversized adjoining garages which are 1024 sq ft with two additional parking spaces behind each garage. TOTALLY REMODELED RARE MIXED USE in Cannery Village on Newport Peninsula. Prime prestigious Newport Beach location , this property offers both RESIDENTIAL AND COMMERCIAL spaces. Upstairs is a Three bed two bath living space with volume ceilings . Living room has a fireplace and newly remodeled kitchen with waterfall quartz counters and custom cabinetry. Three spacious bedrooms and two full bathrooms are located upstairs. A full laundry room offers ample storage. Brand new throughout, this home features gorgeous millwork and built in cabinetry and custom fireplace with shiplap. Located in the heart of Newport Beach, walk to world class beach ,fabulous eateries , Lido Isle boutiques and Theatre. The living space is separate and apart from commercial retail space below which also offers a full kitchen and a full downstairs bathroom with shower. Foot traffic and parking is abundant in this area. The downstairs commercial features a large picture window which is great for display and three separate entry doors to the exterior for easy access. So many potential uses! Garages are oversized and extra tall accommodating a car lift if required. Parking for FIVE cars! A HUGE ROOF TOP DECK features outdoor living area. Newport Beach has one of highest ranking school systems in the nation. The local customer base is sure to ramp up your business success!! THIS IS A MUST SEE!! The exquisite design is reminiscent of Lido house but with an East coast Traditional look and a Modern organic vibe ! Gorgeous custom millwork, very high end Designer grade stainless appliances , and custom hardware and upgraded lighting throughout. RARE!!!