156 NE 7th ST Active Save Request In-Person Tour Request Virtual Tour
Newport,OR 97365
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 16,140 sqft
Price per Sqft $142
Subdivision Phelps - Newport
MLS Listing ID 24-2496
Year Built 1989
Annual Tax Amount $21,480
Tax Year 2024
Lot Size 0.960 Acres
Property Sub-Type Commercial
Property Description
Attention Investors: This exceptional commercial property has over 16,000 square feet your gateway to consistent cash flow and long-term value. Located in the heart of Newport, Oregon, this fully leased property with a long-term strong tenant, generates a steady annual income of 116,160, making it an ideal addition to any investor's portfolio. This is a rare opportunity to own a performing commercial property in one of the Oregon Coast's most desirable markets. Whether you're an experienced investor or looking to diversify your portfolio, this property delivers strong returns and a secure future. Shown by appointment only please do not disturb tenant.
Location
State OR
County Lincoln
Area Newport/South Beach
Zoning C-1 Commercial
Interior
Heating Gas
Flooring Other
Exterior
Utilities Available Natural Gas Available
Waterfront Description None
View None
Roof Type Membrane
Building
Foundation Slab
Water City,On Property