OR > Newport > Phelps - Newport
Newport, OR 97365,156 NE 7th ST
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Newport, OR 97365,156 NE 7th ST
Newport, OR 97365,156 NE 7th ST
Newport, OR 97365,156 NE 7th ST
Newport, OR 97365,156 NE 7th ST
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James Hauge

James Hauge

+1(503) 877-2101
$ 2,295,000
Est. payment /mo
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Active

156 NE 7th ST Newport, OR 97365

2 Baths

16,140 SqFt

UPDATED:

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

HOA Y/N No

Year Built 1989

Annual Tax Amount $21,480

Tax Year 2024

Lot Size 0.960 Acres

Acres 41817.6

Lot Dimensions 210x200

Property Sub-Type Commercial

Source Lincoln County Board of REALTORS® MLS (OR)

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

Direction Hwy 101 to NE 7th to property.

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

Others

Tax ID 111105DC-3501-00

Lincoln County MLS Oregon / OREGON COAST MLS
Listed by Taylor & Taylor Realty Company
agent

James Hauge

Principal Broker | License ID: 200107093

+1(503) 877-2101

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