1118 SW Canyon WAY, Newport, OR 97365
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1118 SW Canyon WAY, Newport, OR 97365
1118 SW Canyon WAY, Newport, OR 97365
1118 SW Canyon WAY, Newport, OR 97365
1118 SW Canyon WAY, Newport, OR 97365
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Marcel Dolak

Marcel Dolak

+1(425) 466-5870
$ 1,650,000
Est. payment /mo
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Price Dropped by $45K

1118 SW Canyon WAY Newport, OR 97365

2 Baths

5,288 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,288 sqft

Price per Sqft $312

Subdivision Bayley And Case'S

MLS Listing ID 26-293

HOA Y/N No

Year Built 2019

Annual Tax Amount $13,734

Lot Size 0.540 Acres

Acres 0.54

Property Sub-Type Retail

Source Oregon Coast Multiple Listing Service

Property Description

Investment opportunity on the Oregon Coast with a Bay and Bridge View! This property has several opportunities which include the existing 5200 sq. ft building and newly built covered patio. Upper parking lot has 10 off street parking spaces. Newly installed infrastructure in the lower parking lot which includes underground water/sewer and power with individual pedestals for 7 food trucks/RVs with recent conditional use approval to be the first food truck pod in Newport. Appraisal in 2023 for 2,250,00.00. Seller is a licensed RE Broker. Currently set up for Brewery/Restaurant. Seller may sell equipment separately.

Location

State OR

County Lincoln

Community Bayley And Case'S

Zoning C-1 Commercial

Direction Hwy 101 to SW Hurbert to SW Canyon Way Drive

Interior

Heating Ductless, Heat Pump

Cooling Central Air

Furnishings Negotiable

Fireplace Yes

Appliance Dishwasher, Microwave, Water Heater

Exterior

Parking Features Attached Garage

Garage Spaces 2.0

Utilities Available Electricity Connected, Natural Gas Connected, Water Available

View Bay

Roof Type Metal

Street Surface Paved

Accessibility Accessible Doors

Total Parking Spaces 2

Garage Yes

Building

Lot Description Level

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Other

Others

Tax ID R225146

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Standard

Listed by Equity Plus Real Estate

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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1118 SW Canyon WAY