1005 SE Bay Blvd - Commercial LAND FOR SALE


Newport, OR 97365 74,923 SF
$1,500,000 USD
503-983-4405
1005 SE Bay Blvd, Newport, OR for Sale
$1,500,000 USD
Commercial LAND - FOR SALE
1/36
74,923 SF

1005 SE Bay Blvd
Newport, OR 97365


HIGHLIGHTS

  • Plat approved for 11 duplex lots, 22 townhomes
  • Condo Project possible
  • Zoned R2
  • 1.72 acres prime for development, across from the Embarcadero Resort and Marina
  • Breathtaking views of Yaquina Bay, bay bridge, and the ocean
  • Water, sewer, power at street and sidewalks already in front of property

OVERVIEW

Attention all builders: we are now accepting reservations for shovel-ready duplex lots starting at $300,000. This newly established neighborhood is zoned R2 and will consist of 11 brand new townhome style duplexes, offering spectacular views and exceptional access to Newport's Bayfront District. Seize the opportunity to showcase your quality in this uniquely remarkable development. Situated directly across from the Embarcadero Resort and Marina, the site boasts stunning views of the Bay Bridge and the ocean. Essential utilities, including water, sewer, and power, will be provided to each lot prior to sale, making this a premium development opportunity. Residents will have easy access to popular attractions such as the Oregon Coast Aquarium, Hatfield Marine Science Center, lighthouses, golf courses, and the diverse offerings of the Oregon Coast. This prime location presents an excellent investment opportunity—act now!

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/ACRE

$872,095/AC

PRICE/SF

$20 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Multi-Family, Apartment Units, Apartment Units - Condo, Hold for Development, Hold for Investment, Single Family Development, Single Family Residence

LAND ACRES

1.72 AC

LAND SF

74,923 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone

ZONING

R2

APN/PARCEL ID

R132556

ASK ABOUT THIS PROPERTY

Mark ShadrinBerkshire Hathaway Real Estate ProfessionalsMore Info
503-983-4405

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Mark ShadrinBerkshire Hathaway Real Estate ProfessionalsMore Info
503-983-4405

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.