Written by: Katrina Johnson, Broker Associate and Luxury Estate Specialist, RE/MAX Fine Homes, The Canaday Group
Also specializing in Cannery Lofts, Cannery Village, Lido Island and Lido Village
direct: (949) 291 7631
Built in 2005, the Cannery Lofts provide a mixed-use, residential/commercial, live/work development in the heart of Newport Beach. These 22 Cannery Lofts have it all~ quality construction, waterfront addresses, indoor/outdoor living space, abundance of parking and cutting edge design. Best of all, there are no Homeowner's Association Dues (HOA).
Each loft is a 3-story property with approximately 750 square feet of commercial space on the lower level and about 2,200 square feet on the 2nd and 3rd residential level.
Four lofts are located on the water and the remaining 18 line the streets on 29th and 30th street near the bay.
The Cannery Lofts are both luxurious and financially pragmatic, with the ability to rent out the commercial space to subsidize mortgage obligations and increase cash-flow for homeowners.
Some Loft owners choose to use all three levels as commercial space for their respective business operations~ with residential/commercial mixed-use zoning through the city of Newport Beach, The Cannery Lofts are incredibly dynamic and versatile.
CLICK HERE to see an arial map of The Cannery Lofts.
One of the most attractive characteristics of The Cannery Lofts is the abundance of parking designated to each property. Parking in Newport Beach is usually a very apparent obstacle, however, The Cannery Lofts offer a 2 car garage plus 7 additional tandem parking spaces available under the double-high breezeway/carport area.
Right now there are incredible deals on Cannery Lofts ~ prices and interest rates have never been this low.
Take advantage of new construction in these urban-chic properties while pricing is so attractive.
Want to see a list of available Cannery Lofts or water-front properties for sale? CLICK HERE