735 NW Beach Dr - Retail FOR SALE


Newport, OR 97365
$1,199,000 USD
541-961-2085
735 NW Beach Dr, Newport, OR for Sale
$1,199,000 USD
Retail - FOR SALE
1/1
null | Request Cap Rate

735 NW Beach Dr
Newport, OR 97365


HIGHLIGHTS

  • Development potential
  • Historic building
  • Local proximity to Nye beach

OVERVIEW

Historic mixed used commercial building located int he heart of historic Nye Beach. 1268 SF retail space below, with two residential units above totaling 800 SF. Separate 75' x 75' vacant lot is zoned C-2 with power and water to property corner. Excellent development potential with incredible location and lots of tourist traffic. Real estate only, existing tenant owned business is not for sale. Please do not disturb commercial tenant.

FOR SALE DETAILS

PRICE

$1,199,000 USD

PRICE/SF

$480 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

C-2

APN/PARCEL ID

R302933

ASK ABOUT THIS PROPERTY

Freddy SaxtonAdvantage Real EstateMore Info
541-961-2085

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Freddy SaxtonAdvantage Real EstateMore Info
541-961-2085

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