404-414 SW Coast HWY, Newport, OR 97365
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404-414 SW Coast HWY, Newport, OR 97365
404-414 SW Coast HWY, Newport, OR 97365
404-414 SW Coast HWY, Newport, OR 97365
404-414 SW Coast HWY, Newport, OR 97365
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Marcel Dolak

Marcel Dolak

+1(425) 466-5870
$ 1,075,000
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404-414 SW Coast HWY Newport, OR 97365

5 Baths

14,208 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 14,208 sqft

Price per Sqft $75

Subdivision Bayley And Case'S

MLS Listing ID 26-2691

HOA Y/N No

Year Built 1918

Annual Tax Amount $7,347

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Mixed Use

Source Oregon Coast Multiple Listing Service

Property Description

One of Newport's most iconic commercial properties in the heart of Newport's deco district, featuring two commercial buildings on two separate tax lots totaling .20 acre. Extremely visible location with highway frontage, currently home to several long term tenants including a restaurant, thrift shop, record store, and more. The ground floor of the building is tenant occupied, the upper two floors are currently a blank canvas with loads of potential including potential for development of residential units. Second and third levels offer sweeping ocean, bay and bridge views and a bird's eye perspective of Newport's downtown district. Over 14,000 square feet of indoor space in total!

Location

State OR

County Lincoln

Community Bayley And Case'S

Zoning C-1 Commercial

Direction Highway 101 Newport in the heart of the Deco District. Buildings are on the corner of Highway 101 and SW Hurbert.

Interior

Heating Electric

Exterior

Parking Features On Street

Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Phone Connected, Water Connected

View Ocean, Bay, Bridge(s)

Roof Type Composition

Street Surface Asphalt

Road Frontage Highway

Garage No

Building

Lot Description Gentle Sloping

Building Description HardiPlank Type, Anchor Tenant,Clear Span,Kitchen Facilities,Private Restroom(s),Public Restroom(s),Restaurant

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public

Structure Type HardiPlank Type

Others

Tax ID 11-11-08-BD-05100-00

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Standard

Listed by Advantage 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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404-414 SW Coast HWY