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Multi-Tenant Office Building

1010 SW Coast Hwy, Newport, OR 97365

For Sale
$2,000,000

C-1-zoned office property combines medical and professional suites in a multi-tenant configuration.

Property Size23,266 SF
Lot Size3.70 Acres
Price / SF$85.96
Days on Market52

Property Features for 1010 SW Coast Hwy

General Information

Standard status Active
Size 23,266 SF
Total Parking Spaces 42
Lot size 3.70 Acres
Property subtype Commercial
Zoning C-1

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Tenant in Place Yes
Property Use Medical Office

Building Details

Building Size 23,266 SF
Year Built 1983
Tenancy Multi
Listing Agency: Town & Country Sotheby's International Realty
Listed By: Eric Fowler · License OR #201239898
Source: Horsepowerrealestateproperties
Added: Sep 24 Changed: Nov 11 Last Checked: Nov 13 at 4:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Town & Country Sotheby's International Realty

Rey
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Investment Insights

Based on property information with market context.

Bridgeview Professional Center is an office property configured for medical and professional tenants. The building contains approximately 19,000 square feet of leasable space, with about 9,237 square feet currently leased. Constructed in 1983, it occupies approximately 3.70 acres and provides 42 parking spaces.

The property fronts Coast Hwy in Newport and is zoned C-1. Its existing leased space and available office area support a range of occupancy configurations.

Key Highlights

  • Approximately 19,000 SF of leasable medical and professional office space
  • Approximately 9,237 SF currently leased
  • Multi‑tenant configuration

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Newport VA Clinic Medical Clinic Family Resource Home ... Social Service Agency Frontier Dermatology (formerly ... Medical Clinic Samaritan Cardiology – Newport Medical Clinic Adam Brady Physician

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store HVAC Service Electrical Service Butcher Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

762
Businesses Nearby

Demographics for 97365, OR

10,806
Population
6,026
Households
1.8
Avg Household Size
47
Median Age
31%
College-Educated
91%
High-School Grad
41.5 sq mi
ZIP Area
260
Density / Sq Mi
$60,736
Median Household Income
$30,963
Median Earnings
$1,155
Median Rent
$418,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - C-1-zoned office property combines medical and professional suites in a multi-tenant configuration.
Where is this office building located?
The property is located at 1010 SW Coast Hwy Newport, OR.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Approximately 19,000 SF of leasable medical and professional office space; Approximately 9,237 SF currently leased; Multi‑tenant configuration
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