2950 Coho StNewport, OR 97365

Property Details for 2950 Coho St

Lot size

0.23 AC

Property type

Other commercial real estate

Property subtype

Other specialty properties

Description

Exceptional investment opportunity in Newport, Oregon, presents a 0.23-acre commercial land parcel located at 2950 SW Coho, zip code 97365. This property encompasses a brand-new, six-unit condo complex ideally situated near the beach. Each condo unit is move-in ready, featuring a washer/dryer hookup and dedicated parking space. The complex offers stunning coastal views and convenient access to Newport's attractions. The asking price for this exceptional property is $2,400,000. This development presents strong rental potential and significant appreciation potential, making it an attractive investment for those seeking year-round rental income or vacation rental opportunities. The property's location provides easy access via SW Abalone St and SW 30th St. This is a rare chance to acquire a thriving coastal commercial property in a highly desirable location. The property is classified as Special Purpose, Commercial, Other. This is a turnkey investment ready for immediate income generation. The property's proximity to the beach and Newport's amenities ensures high occupancy rates and strong rental demand.

Location Insight

City

Newport

County

Lincoln

State

Oregon

Latitude

44.6158

Longitude

-124.056

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.