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242 W Olive St - Olive Street - Newport 2,295 SF Health Care Building Offered at $579,000 in Newport, OR 97365

Rehabilitation Centers Oregon Newport 242 W Olive St, Newport, OR 97365

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INVESTMENT HIGHLIGHTS

  • Great central location in Newport
  • Ample parking for clients
  • High daytime foot traffic

EXECUTIVE SUMMARY

Commercial Building with ocean views. Located in a high traffic area of Newport. 2295 square feet 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.

PROPERTY FACTS

Price $579,000 Lot Size 0.19 AC
Price Per Bed $193,000 Building Size 2,295 SF
Sale Type Investment or Owner User No. Beds 3
Sale Conditions
1031 Exchange
  • Build to Suit
 No. Stories 2
Property Type Health Care Year Built 1957
Property Subtype Rehabilitation Center
Zoning C-1 Commercial - https://www.newportoregon.gov/dept/cdd/documents/New_C-1.pdf
Price $579,000
Price Per Bed $193,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
Property Type Health Care
Property Subtype Rehabilitation Center
Lot Size 0.19 AC
Building Size 2,295 SF
No. Beds 3
No. Stories 2
Year Built 1957
Zoning C-1 Commercial - https://www.newportoregon.gov/dept/cdd/documents/New_C-1.pdf

LINKS

1 1
Walk Score®
Walker's Paradise (90)
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measures access to public transit. Bike Score®
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Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number R156197 Improvements Assessment $0
Land Assessment $0 Total Assessment $349,590

PROPERTY TAXES

Parcel Number
R156197
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$349,590
(541) 992-2177

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 31919036

  • Date on Market: 5/24/2024

  • Last Updated:

  • Address: 242 W Olive St, Newport, OR 97365

More public record information on 242 W Olive St, Newport, OR 97365

The Health Care Property at 242 W Olive St, Newport, OR 97365 is currently available for Sale. Contact Taylor & Taylor Realty Co. for more information.

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242 W Olive St - Olive Street - Newport
(541) 992-2177 x

242 W Olive St - Olive Street - Newport

Dennis Regen
(541) 992-2177

Jill Hurd
(541) 994-4169

Korey Hazard
(541) 994-9111

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