538 SW Coast Hwy, Newport, OR 97365 (MLS:21-1127)

Land Commercial

Updated by Martek Real Estate,

Property Description 

Highly desirable commercial location with Highway 101 Frontage in the heart of Newport! This property boasts two entry points in a high traffic area within walking distance of the new Hospital and two of Newport’s biggest tourist destinations, Nye Beach and the Historic Bayfront. Possible Ocean views depending on size and location of structure. Property already producing profit from advertising lease with local Hotel, and temporary vendor sales. Buyer to perform due diligence with the City of Newport for all potential uses and structures. .

538 SW Coast Hwy, Newport, OR 97365 - Main538 SW Coast Hwy, Newport, OR 97365 - Main
538 SW Coast Hwy, Newport, OR 97365 - 2538 SW Coast Hwy, Newport, OR 97365 - 3538 SW Coast Hwy, Newport, OR 97365 - 4538 SW Coast Hwy, Newport, OR 97365 - 5538 SW Coast Hwy, Newport, OR 97365 - 6
538 SW Coast Hwy, Newport, OR 97365 - 2538 SW Coast Hwy, Newport, OR 97365 - 3538 SW Coast Hwy, Newport, OR 97365 - 4538 SW Coast Hwy, Newport, OR 97365 - 5538 SW Coast Hwy, Newport, OR 97365 - 6
  • Status Active 
  • City Newport 
  • County Lincoln 
  • State Oregon 
  • Major Area Newport/South Beach 
  • Subdivision Bakers 2nd to Newport 
  • Parcel Number 111108BC-8500-00 
  • U.S. Highway 101 West Side 
  • Property Type Land Commercial 
  • Street Surface Paved 
  • Lot Acres 0.46 
  • Topography Level 
  • Frontage Highway 
  • Zoning C-1 Commercial 
  • Water City 
  • Sewer City 
  • Electric On Property 
  • Gas On Property 
  • Bank/Lender Owned No 
  • Seller's Terms Cash, Conventional Financing, Submit 
  • Price $695,000 
  • Tax Year 2020 
  • MLS Number 21-1127 
  • Phone Number (541) 265-8785 
  • Directions From Highway 101 property is located directly south of SW Fell St. 

Coldwell Banker Professional Group Newport is the listing office. Call Martek Real Estate at (541) 265-8785 to see this property or obtain more information.