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Commercial Off Market
325 NW Coast St
Newport, Oregon 97365
Lincoln CountyCommunity:
$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
Contact Information:
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.