5280 NE Shell World Pl, Newport, OR 97365 (MLS:19-1857)

Commercial

Updated by Doretta Smith,

Property Description 

Completely renovated commercial building located in the Agate Beach area of Newport, Oregon. Very nice OCEAN VIEW of the waves crashing on the beach. Brand new roof, siding, ductless heat system, electrical and LED lighting, plumbing, interior/exterior paint, insulation, walls/ceiling, trim, commercial garage doors, etc. Entire building brought up to new building codes and all work permitted. 2 new ADA bathrooms with walk in tile shower. Recreation room and office space. Ample parking and plenty of room to build more commercial buildings. Includes 4 lots totaling approximately 3/4 of an acre with frontage on Highway 101. This is a great investment/rental property. Owner is a licensed Principal Real Estate Broker in Oregon. DO NOT DISTURB TENANT. Leased for a term of 5 years.

5280 NE Shell World Pl, Newport, OR 97365 - Exterior of Building5280 NE Shell World Pl, Newport, OR 97365 - Exterior of Building
5280 NE Shell World Pl, Newport, OR 97365 - shell world view5280 NE Shell World Pl, Newport, OR 97365 - shell world interior 25280 NE Shell World Pl, Newport, OR 97365 - shell world interior 35280 NE Shell World Pl, Newport, OR 97365 - shell world interior 45280 NE Shell World Pl, Newport, OR 97365 - shell world interior office5280 NE Shell World Pl, Newport, OR 97365 - shell world interior5280 NE Shell World Pl, Newport, OR 97365 - shell world bathroom 25280 NE Shell World Pl, Newport, OR 97365 - shell world bathroom 1
5280 NE Shell World Pl, Newport, OR 97365 - shell world view5280 NE Shell World Pl, Newport, OR 97365 - shell world interior 25280 NE Shell World Pl, Newport, OR 97365 - shell world interior 35280 NE Shell World Pl, Newport, OR 97365 - shell world interior 45280 NE Shell World Pl, Newport, OR 97365 - shell world interior office5280 NE Shell World Pl, Newport, OR 97365 - shell world interior5280 NE Shell World Pl, Newport, OR 97365 - shell world bathroom 25280 NE Shell World Pl, Newport, OR 97365 - shell world bathroom 1
  • Status Pending - Continue to Show 
  • City Newport 
  • County Lincoln 
  • State Oregon 
  • Major Area NPSB - Newport/South Beach 
  • Area SNEW - Newport 
  • Subdivision Agate Beach 
  • Parcel Number 101129BD-8700-00 
  • U.S. Highway 101 East Side 
  • Property Type Commercial 
  • Primary View Ocean 
  • Bathrooms
  • Ceiling Beam 
  • Flooring Vinyl 
  • Alternate Heat None 
  • Water Heater Electric 
  • Garage Type Attached 
  • Garage Stalls
  • Parking Spaces 12 
  • Street Surface Paved 
  • Roof Built-Up 
  • Siding Other 
  • Foundation Slab 
  • Outbuildings None 
  • Total Square Feet 4,692 
  • Year Built 1970 
  • Lot Acres 0.74 
  • Lot Size 262 x 100 + Lots 3 & 4 
  • Frontage Highway 
  • Zoning C-1 Commercial 
  • Water City 
  • Sewer City 
  • Electric On Property 
  • Gas At Street 
  • Bank/Lender Owned No 
  • Seller's Terms 1031, Cash, Conventional Financing 
  • Price $419,000 
  • Taxes $6,107 
  • Tax Year 2018 
  • MLS Number 19-1857 
  • Phone Number (541) 961-6688 
  • Directions Highway 101 to NE 52nd Drive to property. 
  • Cross Street NE Lucky Gap 

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.