501 NW Coast Street, Newport, OR 97365 (MLS # 24-47)
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A prime opportunity to own a piece of the vibrant Nye District! This property presents a rare chance to acquire two commercial store fronts, strategically located in a popular local and tourist attraction area. Situated close to beach access, this property offers a coveted location, making it an ideal investment for those seeking a stake in the thriving Newport business scene. The Nye District's historic charm adds to the allure, creating an atmosphere that attracts both locals and tourists alike. It's essential to note that this listing includes the real estate only; businesses are not included. Whether you're an entrepreneur looking to start a new venture or an investor seeking a strategic addition to your portfolio, this opportunity provides a solid foundation. The proximity to beach access ensures a steady flow of foot traffic, contributing to the property's desirability. The Nye District's popularity further enhances the potential for a thriving business, with its historic character and charm serving as a backdrop for success. Don't miss this unique chance to own commercial real estate in the Nye district.
| DAYS ON MARKET | 129 | LAST UPDATED | 1/9/2024 |
|---|---|---|---|
| TRACT | Nye & Thompson Block | YEAR BUILT | 1945 |
| COMMUNITY | Newport/South Beach | COUNTY | Lincoln |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Newport/South Beach |
|---|---|
| BUYER'S BROKERAGE COMPENSATION | 2.50 |
| LOT | 3049 sq ft |
| SUBDIVISION | Nye & Thompson Block |
| TAXES | 2274.64 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
| ZONING | C-2 Tourist Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Taylor & Taylor Realty Company
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Data Last Updated: 5/17/24 3:06 AM PDT
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