711 2Nd St Newport, OR 97365

This exceptional commercial land opportunity in Newport, Oregon, presents a unique investment prospect. Located at 711 NW 2nd Street, this 2,613 square foot lot currently houses a thriving Spanish Tapas restaurant, Zuritas', operating within a 2,276 square foot, two-story building. The sale includes the land and the existing building. Built in 2006, the property offers significant potential for continued operation of the restaurant or redevelopment. The restaurant's ongoing success provides a stable income stream during the marketing period. The property's location in Newport, Lincoln County, Oregon (zip code 97365), offers excellent visibility and accessibility. With its prime location and existing business, this property is an attractive investment for both seasoned and emerging commercial real estate investors. The property's coordinates are 44.6373122 latitude and -124.060938 longitude. The asking price for this exceptional opportunity is $1,350,000. Serious inquiries are encouraged.