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Highway Frontage Commercial Land

538 SW Coast Highway, Newport, OR 97365

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For Sale

$560,000

COMMERCIAL - Newport, OR

Lot size:

0.45 Acres

HighLights

Commercially zoned lot with approximately 80 ft of highway 101 frontage
Public water and public sewer available
Billboard sign on property is leased and generates monthly income
Possible ocean views from a 2nd story building
Previous motel building removed; small basement filled in during removal

We can help!

Contact an agent

Dennis M Regen

For Sale

$560,000

COMMERCIAL - Newport, OR

Lot size:

0.45 Acres

Added:: Apr 15, 2024
Days on Market:: 813
Last Refresh:: Jul 6 at 10:06 am

Property Features for 538 SW Coast Highway

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: C-1 Commercial
Standard status: Active
APN: 111108BC-8500-00
Lot size: 0.45 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 8231

Utilities

Utilities: Water Available
Sewer type: Public Sewer
Water source: Public

We can help!

Contact an agent

Dennis M Regen

Listing agent Dennis M Regen License #810604051

Listing office Taylor & Taylor Realty Company 3891 NW Hwy 101, Lincoln City, OR

Listing date Apr 15, 2024

MLS# LC-100909 Listing URL

HighLights

Commercially zoned lot with approximately 80 ft of highway 101 frontage
Public water and public sewer available
Billboard sign on property is leased and generates monthly income
Possible ocean views from a 2nd story building
Previous motel building removed; small basement filled in during removal

Overview

This commercially zoned property is located in a high traffic area along Highway 101 and features approximately 80 feet of highway frontage. The location provides access to restaurants, site-seeing, entertainment, and sandy beaches. The property previously had a motel building that was removed, with the small basement filled in during the removal process. A billboard sign on the property is currently leased and generates monthly income. The C-1 commercial zoning allows for many outright uses. Possible ocean views may be available from a second story building.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Newport
County: Lincoln
State: Oregon
Longitude: -124.059792
Latitude: 44.632025

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For sale
Commercial land
OR
Newport
97365
538 SW Coast Highway

What type of property is this?

Commercial land - Commercially zoned land with highway frontage in Newport, Oregon.

Where is this commercial land located?

The property is located at 538 SW Coast Highway Newport, OR.

What is the asking price?

The asking price for this property is $560,000.

What are key features of this property?

This property features: Commercially zoned lot with approximately 80 ft of highway 101 frontage; Public water and public sewer available; Billboard sign on property is leased and generates monthly income

538 SW Coast Highway, Newport, OR 97365

COMMERCIAL - Newport, OR

Property Features for 538 SW Coast Highway

General Information

Taxes and HOA fees

Utilities

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Two-Story Multi-Use Facility

Four-Unit Corner Retail Building

C-1 Versatile Retail/Office Building

213 NW Cliff St

10-Unit Multifamily Apartment Building

Turnkey Restaurant and Bar Property

Newport Land in Nye Beach

Retail Building with Ocean Views

Newport Commercial Land Opportunity

Corner Retail Building with Four Units

Newport Multifamily Home Near Ocean

Nye Beach Vacant Land Parcel

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