715 Nw Beach Dr Unit Units C5-C8, Newport, OR 97365
Listing Courtesy of Advantage Real Estate. (541) 265-2200
- $1,210,000
- 2
- BA
- 3,091
- SqFt
- List Price
- $1,210,000
- Status
- ACTIVE
- Days on Market
- 16
- MLS#
- 26-2353
- Subtype
- Commercial Sale
- Year Built
- 2007
- Bathrooms
- 2
- Living Area
- 3,091
- Lot Size
- 2,613
- Acres
- 0.06
Property Description
Right in the Heart of Nye Beach! Archway Place's Commercial Units C5 - C8 offer a rare opportunity to acquire four CONNECTED commercial condos on NW Beach Dr. Steps from the beach! These condos have ingress, a combined 3,091SqFt.. The space is 100% occupied by complementary, successful, local tenants. Positioned in an established retail and dining cluster, we like to think of it as the Boardwalk and Park Place of Newport, you don't split them up! Featuring high pedestrian visibility, dedicated onsite parking, and proximity to beach access. This complementary tenant mix has natural synergy and steady activity within one of the Oregon Coast's most recognized destination districts. Zoned C-2 Tourist Commercial, the property combines strong in-place cash flow with an exceptional Nye Beach location, making it an attractive coastal commercial investment. Tenant-owned business are not for sale.
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Additional Information
- Taxes
- $7,294
- HOA Fee
- $164
- Zoning
- C-T Tourist Commercial
- Roof
- Shingle
- Foundation
- Slab, Permanent
- Parking Features
- Off Street, Covered
- Garage Spaces
- 4
- View
- Other, Ocean