5262 Yaquina Bay Rd
Newport, OR 97365
Riverbend · Land For Sale
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13.00 AC
Investment Highlights
- The natural beauty of a marine estuary in a forest setting not too far from town.
- Existing site development infrastructure in place.
- The most prolific zone within the estuary relative to species habitat and propagation.
Property Facts
Description
A local landmark situated at Oneatta Point on Yaquina Bay. The site has been a sawmill, a boat building and repair yard, marina, campgound, and mobile home park. Current uses include live seafood holding and transshipment, aquaculture development, and construction contractor's shop, warehouse and laydown yard. 230 and 480 volt electricity is supplied by a public utility. Potable water is supplied from a well that produces 60 gallons per minute. Wastewater effluent is discharged to a drainfield. The entire property is zoned "planned marine" and lies outside of the urban growth boundary. The site lies within a development zone in a development estuary. There are four site built structures: a 10,000 sq. ft. main shop/office/work bay; a 7000 sq. ft. building currently housing a seafood business; a 4000 sq. ft. tall work bay with aggregate floor; a 400 sq. ft. rest room and shower of masonry construction. The entire site is within an "Enterprise Zone". The zoning allows one residence for a "caretaker" of the underlying marine use.
