156 NE 7th Street, Newport, OR 97365 (MLS # 24-2496)
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Attention Investors: This exceptional commercial property has over 16,000 square feet your gateway to consistent cash flow and long-term value. Located in the heart of Newport, Oregon, this fully leased property with a long-term strong tenant, generates a steady annual income of 116,160, making it an ideal addition to any investor's portfolio. This is a rare opportunity to own a performing commercial property in one of the Oregon Coast's most desirable markets. Whether you're an experienced investor or looking to diversify your portfolio, this property delivers strong returns and a secure future. Shown by appointment only please do not disturb tenant.
| DAYS ON MARKET | 32 | LAST UPDATED | 12/3/2024 |
|---|---|---|---|
| TRACT | Phelps - Newport | YEAR BUILT | 1989 |
| COMMUNITY | Newport/South Beach | COUNTY | Lincoln |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Newport/South Beach |
|---|---|
| LOT | 0.96 acre(s) |
| LOT DIMENSIONS | 210x200 |
| SUBDIVISION | Phelps - Newport |
| TAXES | 21480.02 |
| UTILITIES | Natural Gas Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | C-1 Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Taylor & Taylor Realty Company
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Data Last Updated: 1/2/25 5:13 PM PST
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