1255 US-101, Newport, OR 97365 (MLS:21-564)

Commercial

Updated by Martek Real Estate,

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. .

1255 US-101, Newport, OR 97365 - Property from Hwy1255 US-101, Newport, OR 97365 - Property from Hwy
1255 US-101, Newport, OR 97365 - Hwy 1011255 US-101, Newport, OR 97365 - Hwy 1011255 US-101, Newport, OR 97365 - Hwy 1011255 US-101, Newport, OR 97365 - Hwy 1011255 US-101, Newport, OR 97365 - Hwy 1011255 US-101, Newport, OR 97365 - Hwy 101
1255 US-101, Newport, OR 97365 - Hwy 1011255 US-101, Newport, OR 97365 - Hwy 1011255 US-101, Newport, OR 97365 - Hwy 1011255 US-101, Newport, OR 97365 - Hwy 1011255 US-101, Newport, OR 97365 - Hwy 1011255 US-101, Newport, OR 97365 - Hwy 101
  • 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
  • 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 
  • Tax Year 2020 
  • MLS Number 21-564 
  • Phone Number (541) 265-8785 
  • 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 Martek Real Estate at (541) 265-8785 to see this property or obtain more information.