About 156 Ne 7th Street
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.
Features of 156 Ne 7th Street
| MLS® # | 24-2496 |
|---|---|
| Price | $2,300,000 |
| Bathrooms | 2.00 |
| Square Footage | 16,140 |
| Acres | 0.96 |
| Year Built | 1989 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 156 Ne 7th Street |
|---|---|
| Area | Newport |
| Subdivision | Phelps - Newport |
| City | Newport |
| County | Lincoln |
| State | OR |
| Zip Code | 97365 |
Amenities
| Parking Spaces | 25 |
|---|---|
| View | None |
| Is Waterfront | No |
| Waterfront | None |
Interior
| Heating | Gas |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | December 3rd, 2024 |
|---|---|
| Zoning | C-1 Commercial |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Dennis M Regen |
|---|---|
| Office | Taylor & Taylor Realty Company |