$1,425,000
Active
453 Days Online
0 Beds0 Baths5,250 SQFT
Active

325 NW Coast St Newport, OR 97365

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Accepted Offer with Contingencies. Amazing Investment opportunity in the trendy coastal neighborhood of Nye Beach in Newport, OR! Archway Place is a 5, 250 SF retail property w/ 8 parcels - divided into 4 suites. Absolute NNN and 100% occupied - all are multi-year w/renewal options. 2022 CAP was 5.63%. 2023 - 5.83% w/ a 5-year AVG of 6.1%. Built in 2008, Archway Place is exceptionally well maintained. Onsite parking lot. Residential condos above the retail spaces not part of the sale. Seller will consider carrying.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyLincoln
  • Taxes$11,090
  • HOA/Condo/Coop Fees$0
  • Days on Site452 Days
  • MLS StatusActive
  • MLS ID Number803157
  • Home Size Source N/A
  • Year Built2008
  • Lot Size0.12 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Acreage 0.12
  • Water Public
  • Cross Street Beach

Community Features

  • MLS Area OS OUTSIDE 4 COUNTY AREA

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Monthly Payment (Est.)

$7,485
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