Property Description
Urban Living in a Suburban Environment! Close to the beach and to mid-town. Fantastic opportunity in Nye Beach area, backing up to Coast Park and the Performing Arts Center. C-2 zoning allows for so many options! Make it a business, make it your home, or combine both into one! Currently used as an iconic ”Locals” restaurant on bottom floor, with spacious residence up above. Over 1400 sq ft of decking surrounds 3 sides! Top floor has ocean and lighthouse views and a separate kitchenette. Lower level has a commercial kitchen, counter and seating area, along with 2 commercial half baths. Second lot included, currently used for customer parking.
- Status Active
- City Newport
- County Lincoln
- State Oregon
- Major Area Newport/South Beach
- Subdivision Cartwright Block
- Parcel Number 111108BB-19801-00
- U.S. Highway 101 West Side
- Business Description Residential, Restaurant, Retail
- Property Type Commercial
- Primary View Park
- Secondary View Ocean
- Bedrooms 2
- Bathrooms 4
- Ceiling Flat
- Flooring Carpet, Tile, Wood
- Water Heater Gas
- Garage Type Carport
- Garage Stalls 2
- Street Surface Gravel, Paved
- Roof Composition
- Siding Cedar
- Foundation Concrete Perimeter
- Outbuildings Shed
- Total Square Feet 2,592
- Year Built 1985
- Lot Acres 0.14
- Frontage None
- Zoning C-2 General Commercial
- Water City
- Sewer City
- Electric On Property
- Gas On Property
- Bank/Lender Owned No
- Seller's Terms Cash, Conventional Financing
- Price $860,000
- Taxes $5,216
- Tax Year 2019
- MLS Number 20-2142
- Phone Number (541) 961-6688
- Directions Olive Street west to SW Coast. South on SW Coast to SW 2nd ST. Right on SW 2nd to first driveway. (SW Cliff).
Advantage Real Estate is the listing office. Call Doretta Smith at (541) 961-6688 to see this property or obtain more information.
