For Sale
$349,000

903/905 Coast Hwy Newport, OR 97365

Prime C-1 Zoned Land, High Visibility

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional 1,742.4 square foot commercial land parcel, located at 903/905 SW Coast Hwy in Newport, Oregon (zip code 97365), presents a unique investment opportunity. The property boasts excellent Highway 101 frontage, ensuring high visibility and accessibility for any business. Zoned C-1, it allows for a variety of uses, including retail and personal services. The existing structures, built in 1955, comprise four non-conforming studio apartments, currently vacant. While needing some finishing work and electrical completion, the property features newer Hardie plank siding, roof, and windows. The total building square footage is 1,445 square feet. Multiple on-street parking spaces are available, although off-street parking is not provided. A significant advantage is the property's location directly across the street from Samaritan Pacific Communities Hospital, providing a substantial potential customer base. The asking price for this strategically located commercial land is $349,000. This property offers a compelling blend of potential and location, making it an attractive investment for discerning buyers.

Highlights

  • 1,742.4 SF commercial land parcel at 903/905 SW Coast Hwy, Newport, OR 97365.
  • Excellent Highway 101 frontage, high visibility, and accessibility.
  • C-1 zoning allows for retail and personal services.
  • 1,445 SF building with four vacant, non-conforming studio apartments (needs finishing).
  • Newer Hardie plank siding, roof, and windows.
  • Multiple on-street parking spaces; no off-street parking.

Property Details for 903/905 Coast Hwy

Property type
Land
Square Feet
1,445 SF
Year Built
1955

Location Insight

City
Newport
County
Lincoln
State
Oregon
Latitude
44.628185
Longitude
-124.061343
903/905 Coast Hwy, Newport, Oregon

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FAQs

What type of property is this?
Land - Prime C-1 Zoned Land, High Visibility
Where is the land located?
The property is located at 903/905 Coast Hwy Newport, OR.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1,742.4 SF commercial land parcel at 903/905 SW Coast Hwy, Newport, OR 97365.; Excellent Highway 101 frontage, high visibility, and accessibility.; C-1 zoning allows for retail and personal services.
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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Contacts

Brodie Becksted
Brodie Becksted
Visit Broker Website

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Useful Information

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Coast Hwy
Newport, OR 97365

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Coast Hwy
Newport, OR 97365

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

903/905 Coast Hwy
  • Brodie Becksted
    Brodie Becksted
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(541) 270-2484

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