1255 Hwy 101, Newport, OR

$949,000

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2

Baths

4,970

Square feet

0.54

Acres

About 1255 Hwy 101

HIGHWAY 101 FRONTAGE! County RMV of $1,494,000. Large 4970 sq ft Commercial Restaurant Building on 0.54 ACRES on Hwy 101 in Central Newport with an ample 35 + parking spots. Currently a restaurant across the street from McDonalds/Umpqua Bank. Two tax lots make up over a HALF ACRE of prime highway frontage on the Oregon Coast's main thoroughfare. Single level commercial building. Ready to go for your restaurant or? C3 Heavy Commercial zoning allows for multiple uses. Do not disturb tenants.

Features of 1255 Hwy 101

MLS® # 24-17
Price $949,000
Bathrooms 2.00
Square Footage 4,970
Acres 0.54
Year Built 1973
Type Commercial
Status Active

Community Information

Address 1255 Hwy 101
Area Newport
Subdivision N/A
City Newport
County Lincoln
State OR
Zip Code 97365

Amenities

Garages None
View None
Is Waterfront No

Interior

Heating Gas
Cooling Central Air
Has Basement No

Additional Information

Date Listed January 4th, 2024
Zoning C-3 Highway (Heavy) Commercial
Short Sale No
RE / Bank Owned No

Listing Details

AgentBrodie Becksted
OfficeEquity Plus Real Estate

Listing Map

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