654 NW Coast St, Newport, OR 97365 (MLS:19-2531)

Land Commercial

Updated by Martek Real Estate,

Property Description 

Three contiguous tax lots in the heart of Nye Beach – one of the most sought after and visited neighborhoods in Newport. Mixed use zoning allows for residential and/or commercial use. Apartments? Town homes? Retail lower and condos above? With the new hospital, NOAA, and the expansion of Oregon Coast Community College, Newport needs more housing – this is a perfect development opportunity. Seller has conceptual 3 story plans – each with partial ocean views. This is a fantastic opportunity with so much potential in the coveted blocks of Nye Beach. Come check out this amazing opportunity today!

654 NW Coast St, Newport, OR 97365 - View From Beach654 NW Coast St, Newport, OR 97365 - View From Beach
654 NW Coast St, Newport, OR 97365 - Aeriel654 NW Coast St, Newport, OR 97365 - 1200px-NyeBeachArch654 NW Coast St, Newport, OR 97365 - Nye Alley654 NW Coast St, Newport, OR 97365 - Gulls654 NW Coast St, Newport, OR 97365 - Plats654 NW Coast St, Newport, OR 97365 - Plat Map654 NW Coast St, Newport, OR 97365 - front654 NW Coast St, Newport, OR 97365 - side view654 NW Coast St, Newport, OR 97365 - Front of lots654 NW Coast St, Newport, OR 97365 - back view654 NW Coast St, Newport, OR 97365 - side view654 NW Coast St, Newport, OR 97365 - Current Plans for Building654 NW Coast St, Newport, OR 97365 - Scan 1654 NW Coast St, Newport, OR 97365 - Scan2
654 NW Coast St, Newport, OR 97365 - Aeriel654 NW Coast St, Newport, OR 97365 - 1200px-NyeBeachArch654 NW Coast St, Newport, OR 97365 - Nye Alley654 NW Coast St, Newport, OR 97365 - Gulls654 NW Coast St, Newport, OR 97365 - Plats654 NW Coast St, Newport, OR 97365 - Plat Map654 NW Coast St, Newport, OR 97365 - front654 NW Coast St, Newport, OR 97365 - side view654 NW Coast St, Newport, OR 97365 - Front of lots654 NW Coast St, Newport, OR 97365 - back view654 NW Coast St, Newport, OR 97365 - side view654 NW Coast St, Newport, OR 97365 - Current Plans for Building654 NW Coast St, Newport, OR 97365 - Scan 1654 NW Coast St, Newport, OR 97365 - Scan2
  • Status Active 
  • City Newport 
  • County Lincoln 
  • State Oregon 
  • Major Area NPSB - Newport/South Beach 
  • Area SNEW - Newport 
  • Subdivision Sea Crest Blocks 
  • Parcel Number 111105CC-4600-00 
  • U.S. Highway 101 West Side 
  • Property Type Land Commercial 
  • Primary View Ocean 
  • Street Surface Paved 
  • Lot Acres 0.29 
  • Topography Level,Sloped 
  • Frontage None 
  • Zoning C-2 General Commercial 
  • Water City 
  • Sewer City 
  • Electric On Property 
  • Gas At Street 
  • Bank/Lender Owned No 
  • Seller's Terms 1031, Cash, Conventional Financing, Owner Will Carry 
  • Price $350,000 
  • Taxes $1,026 
  • Tax Year 2018 
  • MLS Number 19-2531 
  • Phone Number (541) 265-8785 
  • Directions Highway 101, West on Olive, North on Beach St, 1 1/2 blocks North of the Nye Beach Arch. 

Greenman Properties is the listing office. Call Martek Real Estate at (541) 265-8785 to see this property or obtain more information.