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    755 Of College Way, Newport, OR 97366

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    This exceptional Newport, Oregon commercial property presents a unique investment opportunity. Priced at $200,000, the offering encompasses a multi-tenant commercial building situated at 755 (West Of) College Way, 97366, along with three adjacent vacant lots, totaling 7,405.2 square feet. This presents a compelling proposition for investors seeking either individual lot acquisitions or a comprehensive package deal. The property is zoned C-1: Commercial Retail and Service, providing flexibility for a variety of commercial uses. Located in the heart of a dynamic community emphasizing sustainable living and thoughtful design, this property offers significant potential for growth and profitability. The existing multi-tenant building provides immediate income potential, while the vacant lots offer opportunities for future development or expansion. A video tour is available for a detailed visual overview of the property and its surroundings. This is a chance to become a key part of a thriving community, shaping its future with a vision for sustainable and profitable growth. The property's prime location in Lincoln County, Oregon, offers excellent visibility and accessibility. Serious inquiries are encouraged to explore this remarkable investment opportunity further.

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    Property type Specialty properties
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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