644 S Coast Hwy, Newport, OR 97365
Listing Courtesy of WINDERMERE WILLAMETTE VALLEY. Agent: 541-740-9497
- $2,070,000
- 9,400
- SqFt
- List Price
- $2,070,000
- Status
- ACTIVE
- MLS#
- 839432
- Subtype
- Commercial Sale
- Year Built
- 1985
- Living Area
- 9,400
- Lot Size
- 17,424
- Acres
- 0.40
- Building Name
- The Driftwood
- MLS Area Major
- Os Outside 4 County Area
Property Description
Introducing The Driftwood, a premier multi-tenant, turn-key investment opportunity offering spectacular ocean views. Strategically positioned along Highway 101, directly across from Good Samaritan Hospital and near the iconic Hallmark Inn, this coastal property features about 9,400 square feet on 0.40 acres, and about 24 surface parking spaces. The practical footprint is ideal for professional services, medical offices, or neighborhood retail. Zoned C-1, the existing multi-tenant layout offers flexible occupancy options-whether leasing individual suites or converting to a single owner-user. The Driftwood delivers strong appeal for both passive investors seeking reliable cash flow & and owner-users looking for a distinctive, high-visibility location.
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Additional Information
- Interior Features
- High Speed Internet
- Taxes
- $18,865
- Heating
- Forced Air, Natural Gas
- Air Conditioning
- Central Air
- Roof
- Composition
- View
- Territorial
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