242 W Olive ST, Newport, OR 97365
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242 W Olive ST, Newport, OR 97365
242 W Olive ST, Newport, OR 97365
242 W Olive ST, Newport, OR 97365
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Marcel Dolak

Marcel Dolak

+1(425) 466-5870
$ 579,000
Est. payment /mo
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242 W Olive ST Newport, OR 97365

2 Baths

2,295 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,295 sqft

Price per Sqft $252

Subdivision Nob Hill Beach

MLS Listing ID LC-98676

HOA Y/N No

Year Built 1957

Annual Tax Amount $6,442

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 83.3x100

Property Sub-Type Mixed Use

Source Oregon Coast Multiple Listing Service

Property Description

Commercial Building with ocean views. Located in a high traffic area of Newport. 2,295 square feet in total. The main level of the building includes a reception area, 4 offices, kitchen-break room and bathroom. On the upper level there is a reception area, 2 offices, kitchen/break room and a second bathroom. Each level is metered separately with a F/A gas furnace & heat pump with air-conditioning. Buyer to agree to mandatory leaseback for 48 months to Seller. Shown by appointment only.

Location

State OR

County Lincoln

Community Nob Hill Beach

Zoning C-1 Commercial

Direction From Hwy 101, turn west onto Olive St. Located on your right hand side.

Interior

Heating Natural Gas, Central

Cooling Gas, Central Air

Flooring Carpet, Vinyl

Furnishings Unfurnished

Fireplace No

Appliance Microwave, Water Heater

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Water Available

View Ocean

Roof Type Metal

Street Surface Asphalt,Paved

Accessibility Accessible Entrance

Road Frontage City Street

Garage No

Building

Lot Description Level

Building Description Concrete, Meeting Room(s),Separate Office Area

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Concrete

Others

Tax ID 111108BA-2200-00

Security Features Security System

Acceptable Financing 1031 Exchange, Cash, Conventional, Submit

Listing Terms 1031 Exchange, Cash, Conventional, Submit

Special Listing Condition Standard

Listed by Taylor & Taylor Realty Company

NEARBY SCHOOLS & PROPERTIES

Marcel Dolak

Marcel Dolak

Owner | Private Office Advisor | Global Real Estate Advisor | License ID: 28065

+1(425) 466-5870

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242 W Olive ST