735 NW Beach, Newport, OR 97365 (MLS:20-2015)

Commercial

Updated by Martek Real Estate,

Property Description 

The property consists of a mixed-use building with approximately 1,268 sq ft of rentable area on the ground floor, and two apartments on the upper level; a 1 bedroomrm/1 bath unit, and one studio apartment. In addition there is a vacant lot adjacent to the building of approximately 5,625 sf. Zoning on both properties is C-2 commercial. NW Beach Dr. Is one of the most heavily traveled streets in Newport, as it leads down to Nye Beach one block to the west. Excellent visibility, beautiful views from both the retail space and the apartments above; this property is truly unique in its setting and character. The building has been impeccably well maintained. .

735 NW Beach, Newport, OR 97365 - off Beach St.735 NW Beach, Newport, OR 97365 - off Beach St.
  • Status Active 
  • City Newport 
  • County Lincoln 
  • State Oregon 
  • Major Area Newport/South Beach 
  • Subdivision Nye & Thompson Block 
  • Parcel Number 111105CC-9900-00 
  • U.S. Highway 101 West Side 
  • Property Type Commercial 
  • Primary View Ocean 
  • Bedrooms
  • Bathrooms
  • Garage Type None 
  • Street Surface Paved 
  • Roof Built-Up 
  • Siding Cedar 
  • Foundation Continuous Concrete 
  • Total Square Feet 1,268 
  • Year Built 1930 
  • Lot Acres 0.25 
  • Frontage None 
  • Zoning C-2 General Commercial 
  • Bank/Lender Owned No 
  • Seller's Terms 1031, Cash, Conventional Financing 
  • Price $1,300,000 
  • Taxes $3,016 
  • Tax Year 2019 
  • MLS Number 20-2015 
  • Phone Number (541) 265-8785 
  • Directions 1 block east of Nye Beach. 

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