Property Description
Two level building. Ground floor commercial area is approximately 1,281sf in size. Two apartments upstairs, (1) studio and (1) 1 bedroom unit. The building is currently vacant (purposefully) but ”highly” rentable. Excellent high traffic location. Listing includes a vacant parcel adjacent and east of the building. Very developable lot with a retaining / structural wall built for a planned three story building. Refer to agent for additional information.
- Status Active
- City Newport
- County Lincoln
- State Oregon
- Major Area Newport/South Beach
- Subdivision Nye & Thompson
- Parcel Number 111105CC-9900-00
- U.S. Highway 101 N/A
- Property Type Multi-Dwelling
- Style Traditional
- Primary View Ocean
- Bedrooms 2
- Bathrooms 2
- Basement No
- Heating/Cooling Baseboard
- Garage Type None
- Parking Spaces 7
- Street Surface Paved
- Roof Built-Up, Flat
- Siding Shake/Shingle
- Foundation Concrete Perimeter
- Total Square Feet 2,536
- Year Built 1930
- Lot Acres 0.05
- Frontage None
- Zoning C-2 General Commercial
- Water Public
- Sewer City Property
- Electric On Property
- Gas On Property
- Bank/Lender Owned No
- Seller's Terms Cash
- Price $1,300,000
- Taxes $3,151
- Tax Year 2021
- MLS Number 21-711
- Phone Number (541) 961-6688
- Directions Beach Dr. West.
Commercial Associates is the listing office. Call Doretta Smith at (541) 961-6688 to see this property or obtain more information.
