Archway Place is a *pride of ownership property* in the trendy

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Commercial Off Market

325 NW Coast St

Newport, Oregon 97365

Lincoln County

Community: 

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$1,600,000 0 br, 0.0 bath 5250 sq. ft. 0.120 acres

Archway Place is a *pride of ownership property* in the trendy coastal neighborhood of Nye Beach in Newport, Oregon. What is being offered for sale is the ground-floor retail portion of this mixed use project. 100% occupied - all leases are multi-year w/ renewal options & all are absolute NNN. Cap rate is 5.48% w/ a 5-year AVG of 5.75%. Archway Place is exceptionally well-maintained. Onsite parking lot for employees and customers. Residential condos above retail spaces not included.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 5250
  • Year Built: 0
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.120 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: Unknown
  • Property Taxes: $11,209
  • MLS #: 791388
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Contact Information:
Beach Commercial Off Market in Newport, Oregon
Ad Number: 2625443
Viewed 233 times.
Updated: Apr 21, 2022

This property is a Commercial located at 325 NW Coast St, Newport, Oregon 97365, and is currently Off Market at $1,600,000. This Commercial has 0 bedrooms, 0.0 baths, 5250 sq ft.

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