4003 S Coast Hwy, Newport, OR 97366

This exceptional 11.56-acre industrial property in South Beach, Oregon, presents a significant investment opportunity. Located just off Highway 101 at SE 40th St, this site offers convenient access to major transportation routes. The property boasts 8.55 acres of undeveloped industrial land, complemented by 3.01 acres of forestland. Its I-3 zoning permits a wide range of uses, including parking facilities, contractor and industrial services, light and some heavy manufacturing, warehousing, wholesale sales, and educational institutions. The zoning also allows for mining, among other possibilities. Detailed zoning information can be found on the Newportoregon.gov website. This substantial parcel is priced at $4,800,000 and is identified by parcel number R509944. An adjacent 3.06-acre industrial site (Lot 10100 SE 40th St) is also available for purchase separately. This prime location and flexible zoning make this property ideal for a variety of commercial and industrial ventures. The property's size and zoning flexibility provide significant development potential. Don't miss this chance to acquire a substantial industrial land holding in a desirable coastal Oregon location.