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About the Listing CBPG10 - HAGEL
Great two-story commercial building in the heart of Newport with excellent visibility off Hwy 101 and yearly GROSS INCOME OF $42,000. This large building features 3 separate bottom floor units which are currently being operated as a Mexican Store, meat market & retail store. The second story features 4 rentable business spaces with 2 currently being utilized as a yoga studio and a meeting room. There's a huge opportunity to increase total income by renting out several other spaces that aren't being utilized and with C-1 zoning, it allows for a wide range of usages. This centrally located building is close to the hospital, the Bayfront, restaurants, shopping, the ocean and much more! Buyers to perform all due diligence and verify all planned usages with the City. DO NOT DISTURB THE TENANTS.
Listing Highlights for 316 SW Coast Hwy
Status
Active
Days on Site
228
Property Type
Commercial Sale
MLS ®
106917442
Year Built
1962
Total Square Footage
8,344
Lot/Acreage
0.11
County
Lincoln
Area
200 - Lincoln County
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace,Zoned
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Zoning: C-1
- Roof: Flat,Membrane
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $6,512
- Taxes w/Assessments: N/A
- Tax/Property ID: R49830
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
316 SW Coast Hwy Newport, OR 97365
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