242 W Olive Street, Newport, OR

$579,000

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2

Baths

2,295

Square feet

0.29

Acres

About 242 W Olive Street

Commercial Building with ocean views. Located in a high traffic area of Newport. 2,295 square feet in total. The main level of the building includes a reception area, 4 offices, kitchen-break room and bathroom. On the upper level there is a reception area, 2 offices, kitchen/break room and a second bathroom. Each level is metered separately with a F/A gas furnace & heat pump with air-conditioning. Buyer to agree to mandatory leaseback for 48 months to Seller. Shown by appointment only.

Features of 242 W Olive Street

MLS® # LC-98676
Price $579,000
Bathrooms 2.00
Square Footage 2,295
Acres 0.29
Year Built 1957
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 242 W Olive Street
Subdivision Nob Hill Beach
City Newport
County Lincoln
State OR
Zip Code 97365

Amenities

Utilities Electricity Connected, Natural Gas Connected, Water Available
Is Waterfront No

Interior

Heating Central, Natural Gas
Cooling Central Air, Gas
Fireplace No
Has Basement No

Exterior

Lot Description Level
Roof Metal
Construction Concrete
Foundation Slab

Additional Information

Date Listed May 9th, 2023
Zoning C-1 Commercial
Short Sale No
RE / Bank Owned No

Listing Details

AgentDennis M Regen
OfficeTaylor & Taylor Realty Company

Listing Map

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