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    Ocean-View Office Building
    Updated: May 9, 2023
    Ocean-View Office Building

    242 W Olive Street, Newport, OR 97365

    $579,000
    2,295 sqft 0.29 AC lot
    0.29‑acre office site
    2,295 SF two‑level office building with ocean views
    Zoned C‑1 Commercial
    Recep­tion areas on main and upper levels plus 4 offices main, 2 offices upper
    Each level metered separately with F/A gas furnace and heat pump plus air‑conditioning
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    This listing looks promising.

    Here's a quick look at some key insights for

    242 W Olive Street, Newport, OR 97365

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $35K
      Annual

    • Price @ 7% Cap

      $504K
      Suggested

    • Last Sold

      May 2010
      $275K

    • Property Type

      Commercial Office (General)
      Built 1957
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    Two-Story Historic Office Building
    Updated: Mar 14
    Two-Story Historic Office Building

    260 W Willow Street, Waldport, OR 97394

    $749,000
    0.12 AC lot
    1930 build with significant remodel in 1990
    2‑story interior totaling 2,513 SF with wide staircase
    Zoned D‑D Downtown District with commercial, residential, or mixed‑use potential per City
    Lifted one inch over floodplain; new foundation and sump pump added during 1990 remodel
    Central air; newer AC installed approx 6 years ago per seller
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    Historic Office Building with 1930s Charm
    Historic Office Building with 1930s Charm

    260 W Willow Street, Waldport, OR 97394

    $749,000
    2,513 sqft

    1930s two-story office building remodeled in 1990 with versatile interior spaces, multiple parking, and a carport.

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    Office Building with Ocean Views
    Office Building with Ocean Views

    242 W Olive Street, Newport, OR 97365

    $579,000
    2,295 sqft

    Two-level office building with separate metering, reception areas, offices, break rooms, and HVAC for each level.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 4 Potential Opportunities for your consideration. Besides 4 Active listings in Lincoln County, OR, we suggest exploring several alternatives:

    Lincoln County, OR Office Buildings Market Trends and Statistics

    Explore 4 office buildings for sale in Lincoln County, OR, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,103 square feet of properties for sale, with an estimated market value of $2,656,000.

    Sale prices for office properties in Lincoln County, OR start at $579,000, averaging $664,000, and reaching up to $749,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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