755 Across Of College Way Newport, OR 97366
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 755 Across Of College Way
- Property type
- Specialty properties
Description
This exceptional investment opportunity in Newport, Oregon, presents a unique chance to acquire a multi-tenant commercial building situated on a substantial 110,206.8 square foot lot. The property is located at 755 SE (Across Of) College Way, 97366, in the heart of a dynamic community known for its commitment to sustainable living and innovative design. The existing commercial building offers multiple tenancy options, providing immediate income potential. Adding to this compelling offering are three adjacent vacant lots, each presenting individual investment possibilities or the potential for synergistic development as part of a larger portfolio. This presents a rare chance to shape the future of this thriving area. The property is zoned C-1: Commercial Retail and Service, allowing for a wide range of commercial uses. A video tour is available for a detailed view of the property and its potential. The asking price for this entire package is $500,000. This is a prime opportunity for investors seeking significant returns in a rapidly growing Oregon coastal community. Don't miss this chance to become a key part of Newport's vibrant commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.043
- Latitude
- 44.6038