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About the Listing 640 - 15677
Great two-story commercial building in the heart of Newport with excellent visibility off Hwy 101 and yearly GROSS INCOME OF $42,000. This large building features 3 separate bottom floor units which are currently being operated as a Mexican Store, meat market & retail store. The second story features 4 rentable business spaces with 2 currently being utilized as a yoga studio and a meeting room. There's a huge opportunity to increase total income by renting out several other spaces that aren't being utilized
Listing Highlights for 316 SW Coast Hwy
Status
Active
Days on Site
227
Property Type
Commercial Sale
MLS ®
824641
Year Built
1962
Total Square Footage
8,344
Lot/Acreage
0.11
County
Lincoln
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Electric,Wall Furnace,Zonal
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others: Brick
- Sewer: City
Financial Details
- Tax Amount: $6,512
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
316 SW Coast Hwy Newport, OR 97365
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