1107 SW Coast Hwy, Newport, OR 97365 (MLS:21-850)

Commercial

Updated by Martek Real Estate,

Property Description 

THE GATEWAY TO NEWPORT – Fully renovated mix/use commercial building with (3) residential apartments upstairs and (2) commercial spaces downstairs. Ocean View from all apartments and bridge views. Building was completely re-wired and plumbed to the street in 2017 and 2018. Brand new heating systems in all units with A/C. Natural Gas with all tankless hot water on demand hot water systems. Fiber optic internet and phones. New hardy plank siding, vinyl windows and roof in 2017. Interior has had extensive modern remodel with new floors, walls, sheetrock, kitchen, offices and bathrooms. Building pencils very well for an investor. Seller is a licensed Real Estate Broker in the State of Oregon. .

1107 SW Coast Hwy, Newport, OR 97365 - Aerial of office1107 SW Coast Hwy, Newport, OR 97365 - Aerial of office
1107 SW Coast Hwy, Newport, OR 97365 - -021107 SW Coast Hwy, Newport, OR 97365 - -031107 SW Coast Hwy, Newport, OR 97365 - -041107 SW Coast Hwy, Newport, OR 97365 - -051107 SW Coast Hwy, Newport, OR 97365 - -061107 SW Coast Hwy, Newport, OR 97365 - -071107 SW Coast Hwy, Newport, OR 97365 - -081107 SW Coast Hwy, Newport, OR 97365 - -091107 SW Coast Hwy, Newport, OR 97365 - -101107 SW Coast Hwy, Newport, OR 97365 - -111107 SW Coast Hwy, Newport, OR 97365 - -121107 SW Coast Hwy, Newport, OR 97365 - -131107 SW Coast Hwy, Newport, OR 97365 - -141107 SW Coast Hwy, Newport, OR 97365 - -151107 SW Coast Hwy, Newport, OR 97365 - -161107 SW Coast Hwy, Newport, OR 97365 - -171107 SW Coast Hwy, Newport, OR 97365 - IMG_37851107 SW Coast Hwy, Newport, OR 97365 - IMG_37861107 SW Coast Hwy, Newport, OR 97365 - IMG_37881107 SW Coast Hwy, Newport, OR 97365 - -021107 SW Coast Hwy, Newport, OR 97365 - -041107 SW Coast Hwy, Newport, OR 97365 - -051107 SW Coast Hwy, Newport, OR 97365 - -061107 SW Coast Hwy, Newport, OR 97365 - -071107 SW Coast Hwy, Newport, OR 97365 - -081107 SW Coast Hwy, Newport, OR 97365 - -091107 SW Coast Hwy, Newport, OR 97365 - -10
1107 SW Coast Hwy, Newport, OR 97365 - -021107 SW Coast Hwy, Newport, OR 97365 - -031107 SW Coast Hwy, Newport, OR 97365 - -041107 SW Coast Hwy, Newport, OR 97365 - -051107 SW Coast Hwy, Newport, OR 97365 - -061107 SW Coast Hwy, Newport, OR 97365 - -071107 SW Coast Hwy, Newport, OR 97365 - -081107 SW Coast Hwy, Newport, OR 97365 - -091107 SW Coast Hwy, Newport, OR 97365 - -101107 SW Coast Hwy, Newport, OR 97365 - -111107 SW Coast Hwy, Newport, OR 97365 - -121107 SW Coast Hwy, Newport, OR 97365 - -131107 SW Coast Hwy, Newport, OR 97365 - -141107 SW Coast Hwy, Newport, OR 97365 - -151107 SW Coast Hwy, Newport, OR 97365 - -161107 SW Coast Hwy, Newport, OR 97365 - -171107 SW Coast Hwy, Newport, OR 97365 - IMG_37851107 SW Coast Hwy, Newport, OR 97365 - IMG_37861107 SW Coast Hwy, Newport, OR 97365 - IMG_37881107 SW Coast Hwy, Newport, OR 97365 - -021107 SW Coast Hwy, Newport, OR 97365 - -041107 SW Coast Hwy, Newport, OR 97365 - -051107 SW Coast Hwy, Newport, OR 97365 - -061107 SW Coast Hwy, Newport, OR 97365 - -071107 SW Coast Hwy, Newport, OR 97365 - -081107 SW Coast Hwy, Newport, OR 97365 - -091107 SW Coast Hwy, Newport, OR 97365 - -10
  • Status Active 
  • City Newport 
  • County Lincoln 
  • State Oregon 
  • Major Area Newport/South Beach 
  • Subdivision Bayley and Case's 
  • Parcel Number 111108CC-6300-00 
  • U.S. Highway 101 East Side 
  • Property Type Commercial 
  • Primary View Ocean 
  • Bedrooms
  • Bathrooms
  • Ceiling Beam, Vaulted 
  • Water Heater Gas 
  • Parking Spaces 14 
  • Street Surface Paved 
  • Roof Membrane 
  • Siding Lap 
  • Foundation Slab 
  • Total Square Feet 6,000 
  • Year Built 1946 
  • Lot Acres 0.11 
  • Frontage Highway 
  • Zoning C-1 Commercial 
  • Water City 
  • Sewer City 
  • Electric On Property 
  • Gas On Property 
  • Bank/Lender Owned No 
  • Seller's Terms 1031, Cash 
  • Price $995,000 
  • Tax Year 2021 
  • MLS Number 21-850 
  • Phone Number (541) 265-8785 
  • Directions Highway 101 , east side just north of the Bridge. 

Ocean Equity Real Estate & Investments, LLC is the listing office. Call Martek Real Estate at (541) 265-8785 to see this property or obtain more information.