For Sale
$1,500,000

755 College Way Newport, OR 97366

Prime Newport retail opportunity; 5,227 sq ft building, 7,405 sq ft lot.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional commercial property in Newport, Oregon, presents a unique investment opportunity. Located at 755 SE College Way, this offering encompasses a 5,227 square foot multi-tenant commercial building constructed in 2015, situated on a 7,405.2 square foot lot. The property is zoned C-1: Commercial Retail and Service, providing flexibility for a variety of uses. The existing building offers immediate income potential, while three adjacent vacant tax lots provide significant expansion possibilities. This presents a compelling opportunity to acquire a single property or a package deal, allowing for either immediate revenue generation or future development. The location within a thriving community known for its sustainable living and thoughtful design offers a strong foundation for long-term growth and profitability. The property's address is 755 SE College Way, Newport, OR 97366. A video tour is available for a more detailed view of the property and its surroundings. This is a chance to become a key part of a dynamic and forward-thinking community. The asking price for this exceptional property is $1,500,000.

Highlights

  • $1,500,000 asking price.
  • 5,227 square foot commercial building on a 7,405.2 square foot lot.
  • Built in 2015.
  • Located at 755 SE College Way, Newport, OR 97366.
  • C-1 Commercial Retail and Service zoning.

Property Details for 755 College Way

Property type
Retail properties, Land
Square Feet
5,227 SF
Year Built
2015

Location Insight

City
Newport
County
Lincoln
State
Oregon
Latitude
44.6038123
Longitude
-124.0434353
755 College Way, Newport, Oregon

FAQs

What type of property is this?
Retail property - Prime Newport retail opportunity; 5,227 sq ft building, 7,405 sq ft lot.
Where is the retail property located?
The property is located at 755 College Way Newport, OR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: $1,500,000 asking price.; 5,227 square foot commercial building on a 7,405.2 square foot lot.; Built in 2015.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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755 College Way
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