Listing Agency: Stella Realty

Listed By: Thalia Pellicori · License #200110216 Show Phone

Source: Century21northhomes

Added: Feb 14 Changed: Aug 27 Last Checked: Aug 30 at 5:50PM

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Investment Insights

Based on property information with market context.

This property features a 9800 square foot site consisting of 4 contiguous lots located in Nye Beach. It is one of the last large developable lots in the area and offers ocean views. The zoning is C-2, which allows for various uses, including a hotel or live/work units. Currently, there is a small 768 square foot beach cottage on the property that is rented. Utilities are underground, and a copy of the property survey is available in the photos.

Key Highlights

• Large 9800 SF developable lot in Nye Beach with OCEAN VIEWS
• C‑2 zoning allows for a variety of uses, including hotel or live/work units
• Consists of 4 contiguous lots

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility HVAC Service Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,133

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Large C-2 zoned lot with ocean views in Nye Beach.

Where is this commercial land located?

The property is located at 213 NW Cliff Street Newport, OR.

What is the asking price?

The asking price for this property is $1,249,000.

What are key features of this property?

This property features: Large 9800 SF developable lot in Nye Beach with OCEAN VIEWS; C‑2 zoning allows for a variety of uses, including hotel or live/work units; Consists of 4 contiguous lots