For Sale
$1,350,000

711 2Nd St Newport, OR 97365

Prime 2,613 SF lot, $1.35M

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional commercial land opportunity in Newport, Oregon, presents a unique investment prospect. Located at 711 NW 2nd Street, this 2,613 square foot lot currently houses a thriving Spanish Tapas restaurant, Zuritas', operating within a 2,276 square foot, two-story building. The sale includes the land and the existing building. Built in 2006, the property offers significant potential for continued operation of the restaurant or redevelopment. The restaurant's ongoing success provides a stable income stream during the marketing period. The property's location in Newport, Lincoln County, Oregon (zip code 97365), offers excellent visibility and accessibility. With its prime location and existing business, this property is an attractive investment for both seasoned and emerging commercial real estate investors. The property's coordinates are 44.6373122 latitude and -124.060938 longitude. The asking price for this exceptional opportunity is $1,350,000. Serious inquiries are encouraged.

Highlights

  • $1,350,000 asking price.
  • 2,276 square foot building on a 2,613.6 square foot lot.
  • Located at 711 NW 2nd Street, Newport, OR 97365.
  • Built in 2006.
  • Currently operating as a Spanish Tapas restaurant.

Property Details for 711 2Nd St

Property type
Land
Square Feet
2,276 SF
Year Built
2006

Location Insight

City
Newport
County
Lincoln
State
Oregon
Latitude
44.6373122
Longitude
-124.060938

FAQs

What type of property is this?
Land - Prime 2,613 SF lot, $1.35M
Where is the land located?
The property is located at 711 2Nd St Newport, OR.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: $1,350,000 asking price.; 2,276 square foot building on a 2,613.6 square foot lot.; Located at 711 NW 2nd Street, Newport, OR 97365.
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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711 2Nd St
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