Property Description
HIGHWAY 101 FRONTAGE! Large 4970 sq ft Commercial Building on 0.56 ACRES on Highway 101 in Central Newport. Two tax lots make up over a HALF ACRE of prime highway frontage on the Oregon Coast’s main thoroughfare. Single level commercial building currently used as a restaurant. Do not disturb tenants.
- Status Active
- City Newport
- County Lincoln
- State Oregon
- Major Area Newport/South Beach
- Subdivision Ocean View
- Parcel Number 111105BD-4400/4300
- U.S. Highway 101 West Side
- Business Description Commercial, Restaurant
- Property Type Commercial
- Bathrooms 2
- Ceiling Vaulted
- Flooring Tile
- Alternate Heat Gas Fireplace
- Water Heater Gas
- Garage Type None
- Parking Spaces 41
- Street Surface Paved
- Roof Metal
- Siding T1-11
- Foundation Slab
- Outbuildings None
- Total Square Feet 4,970
- Year Built 1973
- Lot Acres 0.56
- Frontage Highway
- Zoning C - Commercial
- Water City
- Sewer City
- Electric On Property
- Gas On Property
- Bank/Lender Owned No
- Seller's Terms Cash, Conventional Financing
- Price $849,000
- Taxes $11,429
- Tax Year 2020
- MLS Number 21-564
- Phone Number (541) 961-6688
- Directions Highway 101 in Central Newport, property on west side. No sign.
- Cross Street Hwy 101
Ocean Equity Real Estate & Investments, LLC is the listing office. Call Doretta Smith at (541) 961-6688 to see this property or obtain more information.
