5262 Yaquina Bay Road, Newport, OR 97365 (MLS # 23-1555)
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A local landmark situated at Oneatta Point on Yaquina Bay. The property's current use includes a live seafood holding and transshipment, aquaculture development, and construction contractor's shop, warehouse, and laydown yard. The property has two boat pullouts to allow for haul out as well as 230 and 480-volt electricity is supplied by a public utility. Potable water is supplied from a well that produces approximately 60 gallons per minute. Wastewater effluent is discharged to a drain field. The entire property is zoned MP ''planned marine'' and lies outside of the urban growth boundary. The site lies within a development zone in a development estuary. There are four site-built structures: a 10,000 sq. ft. main shop/office/work bay; a 7000 sq. ft. building currently housing a seafood business; a 4000 sq. ft. tall work bay with aggregate floor; a 400 sq. ft. rest room and shower of masonry construction. All building square footage is approximate. The entire site is within an "Enterprise Zone." The zoning allows one residence for a "caretaker" of the underlying marine use.
| DAYS ON MARKET | 608 | LAST UPDATED | 6/24/2024 |
|---|---|---|---|
| TRACT | N/A | YEAR BUILT | 1800 |
| COMMUNITY | Newport/South Beach | COUNTY | Lincoln |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Jun 24, '24 | $2,879,000 |
|---|---|
| Jun 24, '24 - Today | $2,880,000 |
| ADDITIONAL DETAILS | |
| AREA | Newport/South Beach |
|---|---|
| HEAT | Wood |
| INTERIOR | Beamed Ceilings, Vaulted Ceiling(s) |
| LOT | 13.03 acre(s) |
| SUBDIVISION | N/A |
| TAXES | 17491.36 |
| UTILITIES | Natural Gas Not Available |
| VIEW | Yes |
| VIEW DESCRIPTION | River |
| WATER | Private, Well |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | River Front |
| ZONING | M-P Planned Marine and Recreation |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Taylor & Taylor Realty Company
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Data Last Updated: 4/4/25 11:26 AM PDT
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