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Commercial For Sale
325 NW Coast St
Newport, Oregon 97365
Lincoln CountyCommunity:
$1,425,000
0 br, 0.0 bath
5250 sq. ft.
0.120 acres
Amazing Investment opportunity in the trendy coastal neighborhood of Nye Beach in Newport, OR! Archway Place is a 5,250 SF retail property w/ 8 parcels - divided into 4 suites. Absolute NNN and 100% occupied - all are multi-year w/renewal options. 2022 CAP was 5.63%. 2023 - 5.83% w/ a 5-year AVG of 6.1%. Built in 2008, Archway Place is exceptionally well maintained. Onsite parking lot. Residential condos above the retail spaces not part of the sale. Seller will consider carrying.
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: $11,090
- MLS #: 803157
Contact Information:
Please say you found it on Beachhouse.com!
Ad Number: 3617037
Viewed 173 times.
Updated: Jan 16, 2024
This property is a Commercial located at 325 NW Coast St, Newport, Oregon 97365, and is currently For Sale at $1,425,000. This Commercial has 0 bedrooms, 0.0 baths, 5250 sq ft.
Listing Agent: SHELLEY HENDERSON, COMMERCIAL R. E. SOLUTIONS, 503-881-7399, 541-791-3333
Listing Site, Listing Status: Active
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