1255 N Hwy 101 Hwy, Newport, OR 97365 (MLS # 24-17)
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HIGHWAY 101 FRONTAGE! County RMV of $1,494,000. Large 4970 sq ft Commercial Restaurant Building on 0.54 ACRES on Hwy 101 in Central Newport with an ample 35 + parking spots. Currently a restaurant across the street from McDonalds/Umpqua Bank. Two tax lots make up over a HALF ACRE of prime highway frontage on the Oregon Coast's main thoroughfare. Single level commercial building. Ready to go for your restaurant or? C3 Heavy Commercial zoning allows for multiple uses. Do not disturb tenants.
| DAYS ON MARKET | 135 | LAST UPDATED | 1/3/2024 |
|---|---|---|---|
| TRACT | N/A | YEAR BUILT | 1973 |
| COMMUNITY | Newport/South Beach | COUNTY | Lincoln |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Newport/South Beach |
|---|---|
| LOT | 0.54 acre(s) |
| SUBDIVISION | N/A |
| TAXES | 16036.74 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
| ZONING | C-3 Highway (Heavy) |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Data Last Updated: 5/17/24 3:56 AM PDT
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