837 SW Bay Blvd Newport, OR 97365
- Turn key restaurants
- 1,885 SF
- 0.06 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 837 SW Bay Blvd
- Year built
- 1976
- Construction
- WOOD
- Lot size
- 0.06 lot acres
- Property size
- 1,885 SF
- Zone code
- W-2;WATER RELATED
- Property type
- Turn key restaurants
- APN
- 11-11-08-CA-02201-00
- APU
- 111108CA0220100
Description
This exceptional 0.1-acre commercial and industrial land parcel, located at 837 SW Bay Blvd, Newport, Oregon 97365, presents a unique investment opportunity. Situated on Newport's historic bayfront, this property boasts approximately 100 feet of water frontage offering breathtaking views of Yaquina Bay, the Yaquina Bridge, and the Pacific Ocean. The high daytime foot traffic ensures excellent visibility and accessibility, with nearby restaurants, shops, entertainment venues, and art galleries creating a vibrant and bustling atmosphere. This offering includes three separate tax lots, providing flexibility for development or expansion. The property is zoned W-2, however, potential buyers are responsible for verifying permitted uses with the City/County of Lincoln County. This is a rare chance to acquire a prime waterfront location in a thriving Oregon coastal community. The asking price is $899,000. Don't miss this chance to secure a piece of Newport's vibrant waterfront.
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
- -124.056
- Latitude
- 44.6269
- CBSA code
- 35440
- CBSA name
- NEWPORT, OR MICROPOLITAN STATISTICAL AREA
