Newport, OR 97365,1005 SE Bay BLVD
Newport, OR 97365,1005 SE Bay BLVD
Newport, OR 97365,1005 SE Bay BLVD
Newport, OR 97365,1005 SE Bay BLVD
Newport, OR 97365,1005 SE Bay BLVD
Newport, OR 97365,1005 SE Bay BLVD
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Listed by Berkshire Hathaway HomeServices Real Estate Professionals
$ 1,500,000
Est. payment | /mo

74,923 SqFt


$ 1,500,000
Est. payment | /mo

74,923 SqFt

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 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 Yes

Waterfront Description OceanFront

View Bay, Ocean

Garage No

Building

Sewer Public Sewer

Water Public Water

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)