735 NW Beach
Newport, OR 97365
MLS# 20-2015
2 beds  |  2 baths  |  1268 sqft

735 NW Beach, Newport, OR 97365
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735 NW Beach, Newport, OR 97365

Property Description
The property consists of a mixed-use building with approximately 1,268 sf of rentable area on the ground floor, and two apartments on the upper level; a 1 bdrm/1 bath unit, and one studio apartment. In addition there is a vacant lot adjacent to the building of approximately 5,625 sf. Zoning on both properties is C-2 commercial. NW Beach Dr. is one of the most heavily traveled streets in Newport, as it leads down to Nye Beach one block to the west. Excellent visibility, beautiful views from both the retail space and the apartments above; this property is truly unique in its setting and character. The building has been impeccably well maintained.

Contract Information
Current Price: $1,300,000
List Price: $1,300,000
Begin Date: 2020-09-01
Listing Type: Exclusive Right To Sell
Bank/Lender Owned?: No
Short Sale: No
3rd Party Approval: No
General Property Description
Book Section: Commercial
Major Area: Newport/South Beach
Minor Area: Newport
Frontage: None
Primary View: Ocean
Secondary View: Ocean
Frontage/View Remarks: Nye Beach is one block west of the Property
Total Bedrooms: 2
Total Bathrooms: 2
Levels: Two
Total SqFt.: 1268
Sq Ft Remarks: 1st floor retail
Year Built: 1930
# of Acres: 0.25
Garage Type: None
Association: No
CC&Rs: No
Location, Tax and Other Information
House Number: 735
Street Direction Pfx: NW
Street Name: Beach
County: Lincoln
State/Province: OR
Postal Code: 97365
Property ID: R302933
Parcel Nbr: 111105CC-9900-00
Tax Map Number: 111105CC
Tax Lot: 9900
Taxes: 3016.08
Tax Year: 2019
Tax District: 104
Zoning: C-2 General Commercial
Neighborhood Code: N516
Subdivision: Nye & Thompson Block
Hwy 101: West Side
Directions: 1 block east of Nye Beach
Status Change Info
Status: Active
General Info
Building Type: Wood Frame
Condition: Excellent
Possession: Immediate
# Units: 3
Property Features
Roof: Built-Up
Siding: Cedar
Foundation: Cont/Con
Street Surface: Paved
Sellers Terms: 1031; Cash; Conventional

Listing Office: Commercial Associates

Last Updated: October - 14 - 2020

735 NW Beach, Newport, OR 97365 - MLS# 20-2015

Information deemed reliable but not guaranteed.

Tuesday 27th of October 2020 12:11 PM