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Listing provided courtesy of COPPER ROCK REAL ESTATE: 541-791-3333.

325 NW Coast

Newport, OR 97365
  • $1,425,000
  • STATUS: Active
  • ON SITE: 386 Days
  • MLS #: 803157
$1,425,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,250
    SQFT
  • $271
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing provided courtesy of COPPER ROCK REAL ESTATE: 541-791-3333. Listing information © 2024 Willamette Valley Multiple Listing Service



Description

Amazing Investment opportunity in the trendy coastal neighborhood of Nye Beach in Newport, OR! Archway Place is a 5,250 SF retail property w/ 8 parcels - divided into 4 suites. Absolute NNN and 100% occupied - all are multi-year w/renewal options. 2022 CAP was 5.63%. 2023 - 5.83% w/ a 5-year AVG of 6.1%. Built in 2008, Archway Place is exceptionally well maintained. Onsite parking lot. Residential condos above the retail spaces not part of the sale. Seller will consider carrying.

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Willamette Valley MLS logo © 2024 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: 2024-04-04T00:08:50.837.
www.suelongrealty.com/homes/138078754
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325 NW Coast Newport, OR 97365

  • Price: $1,425,000
  • Status: Active
  • On Site: 386 Days
  • MLS #: 803157
0
Beds
0
Baths
0
½ Baths
0.12
Acres
5,250
SQFT
$271
$/SQFT
Neighborhood:
Os Outside 4 County Area
County:
Lincoln
Area:
Os Outside 4 County Area
Property Description
Amazing Investment opportunity in the trendy coastal neighborhood of Nye Beach in Newport, OR! Archway Place is a 5,250 SF retail property w/ 8 parcels - divided into 4 suites. Absolute NNN and 100% occupied - all are multi-year w/renewal options. 2022 CAP was 5.63%. 2023 - 5.83% w/ a 5-year AVG of 6.1%. Built in 2008, Archway Place is exceptionally well maintained. Onsite parking lot. Residential condos above the retail spaces not part of the sale. Seller will consider carrying.
Exterior Features

Parking Spaces 9

Property Features

Commercial Type Retail Confidentiality Agreement Required No Cross Street Beach New Construction No Possession COE Property Name Archway Place Source Of Square Feet Owner Tax Amount 11090 Tax Years 2022 Terms Seller Will Consider CashConventional Water City

© 2024 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2024 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: 2024-04-04T00:08:50.837.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of COPPER ROCK REAL ESTATE: 541-791-3333. Listing information © 2024 Willamette Valley Multiple Listing Service