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Listed by Berkshire Hathaway HomeServices Real Estate Professionals
$1,500,000
Est. payment /mo
74,923 SqFt
Active
1005 SE Bay BLVD Newport, OR 97365
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 74,923 sqft
Price per Sqft $20
MLS Listing ID 24647257
Year Built 2024
Annual Tax Amount $4,132
Tax Year 2023
Lot Size 1.720 Acres
Property Sub-Type Commercial
Property Description
Creative financing possible! Calling all builders and developers! This prime 1.72-acre property, zoned R2, is plat approved for 11 duplex lots, allowing for a total of 22 townhomes. Located across from the Embarcadero Resort and Marina, it features breathtaking Bay Bridge & Ocean Views. With water, sewer, and power at the street; this premium development opportunity is ready for your summer build. Enjoy popular attractions like Oregon Coast Aquarium, Hatfield Marine Science Center, lighthouses, golf courses, and the central Oregon coast in this Newport's Bayfront District. Prime location justifies a condo or timeshare development too. Invest now!
Location
State OR
County Lincoln
Area _200
Zoning R2
Interior
Heating Other
Exterior
Waterfront Description OceanFront
View Bay, Ocean
Garage No
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://youtu.be/JwBbsnY07qQ
