578-580 W Hwy 20, Toledo, OR

$160,000

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2

Beds

1.2

Baths

2,457

Square feet

0.64

Acres

About 578-580 W Hwy 20

Great development opportunity located only six miles from Newport on the Oregon Coast. Two parcels totaling .64 acres with Hwy frontage. Current building was a long term restaurant. Some stainless and walk-in in place. (Condition not guaranteed). A 2 bedroom apartment on top. Ideal for live/work situation or just investment. Buyer to complete their own due diligence relating to approved uses with city. Also, prelim plans for an 18 unit 2+2 available. *** This property is subject of an auction***

Features of 578-580 W Hwy 20

MLS® # 24-1118
Price $160,000
Bedrooms 2
Bathrooms 1.20
Square Footage 2,457
Acres 0.64
Year Built 1949
Type Commercial
Status Closed
Sold Price $60,000
Sold Date December 30th, 2024

Community Information

Address 578-580 W Hwy 20
Area Toledo
Subdivision N/A
City Toledo
County Lincoln
State OR
Zip Code 97303

Amenities

Parking Spaces 30
Garages None
View None
Is Waterfront No
Waterfront Highway

Interior

Heating Electric
Cooling Central Air
Has Basement No

Additional Information

Date Listed May 25th, 2024
Zoning C - Commercial
Short Sale No
RE / Bank Owned No

Listing Details

AgentRita Kartalyan
OfficeEXP Realty

Listing Map

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