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735 NW Beach Dr

2,500 SF 100% Leased Retail Building Newport, OR 97365 £940,508 (£376/SF)

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
2,500 SF
Year Built/Renovated
1936/2020
Price
£940,508
Price Per SF
£376
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.44
Land Acres
0.04 AC
Zoning
C-2 - General Commercial
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Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Grocery Outlet
Umpqua Bank
Bank of Montreal
Bank of America
Starbucks
Arctic Circle
WaFd Bank
the Human Bean
Dutch Bros
CrossFit

PROPERTY TAXES

Parcel Number R302933 Improvements Assessment £0
Land Assessment £0 Total Assessment £146,465

PROPERTY TAXES

Parcel Number
R302933
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£146,465
(541) 961-2085

  • Listing ID: 30958290

  • Date on Market: 14/02/2024

  • Last Updated:

  • Address: 735 NW Beach Dr, Newport, OR 97365

The Retail Property at 735 NW Beach Dr, Newport, OR 97365 is currently available For Sale. Contact Advantage Real Estate for more information.

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© 2024 CoStar Group

735 NW Beach Dr
(541) 961-2085 x

735 NW Beach Dr

Freddy Saxton

(541) 961-2085

(541) 961-2085

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