711 NW 2nd Ct - Retail FOR SALE


Newport, OR 97365
$1,350,000 USD
541-990-9613
711 NW 2nd Ct, Newport, OR for Sale
$1,350,000 USD
Retail - FOR SALE
1/7
null | Request Cap Rate

711 NW 2nd Ct
Newport, OR 97365


HIGHLIGHTS

  • Excellent location
  • Naturally lighted building
  • Full service commercial kitchen

OVERVIEW

Located in the trendy Nye beach neighborhood of Newport, the property is currently operating as a popular Spanish tapas restaurant known as Zuritas. The property is zone C-2 which allows for a variety of different uses including retail, office, event venues and residential. The building was originally built in 2006 and it's design is in keeping with the "funky" Pacific NW architecture of the Nye Beach area.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$606 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C-2

APN/PARCEL ID

R83017

ASK ABOUT THIS PROPERTY

Alan WellsCOMMERCIAL ASSOCIATESMore Info
541-990-9613

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Alan WellsCOMMERCIAL ASSOCIATESMore Info
541-990-9613

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