242 W Olive Street Newport, OR - Image 1

242 W Olive Street Newport, OR - Image 2

242 W Olive Street Newport, OR - Image 3

$579,000

0 Beds 2 Baths 2,295 SQFT 0.29 Acres

Type: Commercial

242 W Olive Street
Newport, OR 97365

MLS#: LC98676

Casandra Thompson

Premiere Property Group

Broker

Phone: 208.250.8538

Office: 541.264.7220

Visit Website

Presented by: Taylor & Taylor Realty Company

Property Description

Commercial Building with ocean views. Located in a high traffic area of Newport. 2,295 square feet in total. The main level of the building includes a reception area, 4 offices, kitchen-break room and bathroom. On the upper level there is a reception area, 2 offices, kitchen/break room and a second bathroom. Each level is metered separately with a F/A gas furnace & heat pump with air-conditioning. Buyer to agree to mandatory leaseback for 48 months to Seller. Shown by appointment only.

Interior Features

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area0 sqft

Air Conditioning Y/NYes

Basement (Y/N)No

Below Grade Finished Area0 sqft

Fireplace Y/NNo

FlooringCarpet, Vinyl

Furnished Y/NUnfurnished

Heating Y/NYes

General

Additional Parcels Y/NNo

AppliancesMicrowave, Water Heater

Building FeaturesMeeting Room(s), Separate Office Area

Business TypeMedical

Carport Y/NNo

CityNewport

CoolingGas, Central Air

CountyLincoln

DirectionsFrom Hwy 101, turn west onto Olive St. Located on your right hand side.

Garage Y/NNo

HOANo

HeatingNatural Gas, Central

Land Lease Y/NNo

Lease Considered Y/NNo

Lease Renewal Y/NNo

Lot Size Square Feet12,632 sqft

Lot Size UnitsAcres

New Construction None

Other StructuresNone

PossessionSeller Rent Back

Property SubtypeMixed Use

Property TypeCommercial Sale

Rent Control Y/NNo

RoofMetal

Security FeaturesSecurity System

Senior CommunityNone

Standard StatusActive

StatusActive

Subdivision NameNob Hill Beach

Tax Annual Amount$6,442

Tax Year2026

UtilitiesElectricity Connected, Natural Gas Connected, Water Available

ViewOcean

Year Built1957

ZoningC-1 Commercial

Exterior

Building Area Total2,295 sqft

Crops Included Y/NNo

ExteriorFeatures@Core.PermissionsNone

Foundation DetailsSlab

Horse Y/NNo

InclusionsBuilding

Lot Dimensions83.3x100

Lot FeaturesLevel

Lot Size Acres0.29

Lot Size Area0 sqft

Road Frontage TypeCity Street

Road Surface TypeAsphalt, Paved

SpaNo

Total Parking12.0

Water SourcePublic

Additional Details

Price History

Schools

Elementary School N/A

Middle School N/A

High School N/A

Similar Properties

$579,000

0 Beds 2 Baths 2,295 SQFT 0.29 Acres

Type: Commercial

242 W Olive Street
Newport, OR 97365

MLS#: LC98676

Casandra Thompson

Premiere Property Group

Broker

Phone: 208.250.8538

Office: 541.264.7220

Visit Website

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My information will be handled in accordance with Premiere Property Group, LLC's Privacy Policy and Premiere Property Group, LLC's Terms and Conditions.

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Property

$579,000

242 W Olive StreetNewport, OR 97365

Property Description

Interior Features

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$579,000

242 W Olive StreetNewport, OR 97365

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242 W Olive Street
Newport, OR 97365

242 W Olive Street
Newport, OR 97365