Log In/Sign Up
Your email has been sent.
5262 Yaquina Bay Rd 21,400 SF Specialty Building Offered at $2,880,000 in Newport, OR 97365
INVESTMENT HIGHLIGHTS
- Large acreage, three large buildings, two boat pullouts, open space.
EXECUTIVE SUMMARY
A local landmark situated at Oneatta Point on Yaquina Bay. The site has been a sawmill, a boat building and repair yard, a marina, a campground, and a mobile home park. The property's current use includes a live seafood holding and transshipment, aquaculture development, and construction contractor's shop, warehouse, and laydown yard. The property has two boat pullouts to allow for haul out as well as 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 drain field. The entire property is zoned MP ''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. All building square footage is approximate. The entire site is within an "Enterprise Zone." The zoning allows one residence for a "caretaker" of the underlying marine use.
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$84,000
|
$3.93
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$84,000
|
$3.93
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $84,000 |
| Annual Per SF | $3.93 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $84,000 |
| Annual Per SF | $3.93 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 (2024) | |
| Land Assessment | $786,140 (2024) | Total Assessment | $1,551,990 (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$786,140 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$1,551,990 (2024)
1 of 43
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
5262 Yaquina Bay Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.