Property summary
This exceptional commercial property, located at 837-855 SW Bay Boulevard in Newport, Oregon, presents a unique investment opportunity. Boasting 10,454 square feet on a 10,454.4 square foot lot, this special purpose property sits directly on Newport's historic bayfront, offering breathtaking views of the Yaquina Bay, Yaquina Bridge, and the Pacific Ocean. The property comprises three tax lots, providing flexibility and potential for future development. Its prime location within a high foot traffic area ensures excellent visibility and accessibility, surrounded by restaurants, shops, entertainment venues, and art galleries. The asking price is $849,000. The seller is open to providing down payment finance assistance or potentially offering seller financing. However, potential buyers are responsible for verifying permitted uses with the City and County of Lincoln. This is a rare chance to acquire a significant waterfront commercial property in a thriving Oregon coastal town. Don't miss this opportunity to capitalize on the vibrant Newport market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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