1216 Sw Canyon Way, Newport

$650,000

0 Beds
2 Baths
9,340 Sqft
.37 Acres
0 Garages

Wonderful opportunity to own large parcel of commercial property with multiple opportunities and ways to transform this property. The value is in the land, robust retaining wall, 200 amp power supply and loading docks. Transform the building into a hotel, condos, or keep as restaurant and retail. Comes with parking spaces, although use of the building would dictate how many. Walking distance to the Bay Front, views of the Bay and Bridge, and prime for development. Property is currently a book store and restaurant. Those two business and inventory are not included but could be purchased separately. Contact brokers for details if interested. Check with the City of Newport for uses of this building and property.

Essential Information
MLS® #20-843
Price$650,000
Bathrooms2.00
Square Footage9,340
Acres0.37
Year Built1938
TypeCommercial
StatusActive
Community Information
Address1216 Sw Canyon Way
AreaSNEW - Newport
SubdivisionBayley and Case's
CityNewport
CountyLincoln
StateOR
Zip Code97365
Amenities
GaragesNone
ViewBay
Additional Information
Date ListedApril 29th, 2020
ZoningC-1 Commercial
Listing Details
AgentSonja Lovas
OfficeMartek Real Estate
LISTING MAP

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