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About the Listing 424 - 12930
Introducing The Driftwood, a premier multi-tenant, turn-key investment opportunity offering spectacular ocean views. Strategically positioned along Highway 101, directly across from Good Samaritan Hospital and near the iconic Hallmark Inn, this coastal property features about 9,400 square feet on 0.40 acres, and about 24 surface parking spaces. The practical footprint is ideal for professional services, medical offices, or neighborhood retail. Zoned C-1, the existing multi-tenant layout offers flexible occupancy options-whether leasing individual suites or converting to a single owner-user. The Driftwood delivers strong appeal for both passive investors seeking reliable cash flow & and owner-users looking for a distinctive, high-visibility location.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Business Opportunity
MLS ®
839432
Year Built
1985
Total Square Footage
9,400
Lot/Acreage
0.4
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Central AC,Forced Air,Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partial
- Other:
- Water: City
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 24
- Roof: Composition
- Others: Wood,Lap
- Sewer: City
Financial Details
- Tax Amount: $18,865
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
644 S Coast Hwy Newport, OR 97365
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