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644 SW Coast Hwy 9,400 SF 100% Leased Office Building Newport, OR 97365 $2,070,000 ($220.21/SF)
Executive Summary
Introducing The Driftwood, a premier multi-tenant, turn-key investment opportunity offering spectacular ocean views. Strategically positioned along Highway 101, directly across from Good Samaritan Hospital and near the iconic Hallmark Inn, this coastal property features about 9,400 square feet on 0.40 acres, and about 24 surface parking spaces. The practical footprint is ideal for professional services, medical offices, or neighborhood retail.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,400 SF
Building Class
B
Year Built
1985
Price
$2,070,000
Price Per SF
$220.21
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,700 SF
Building FAR
0.54
Lot Size
0.40 AC
Zoning
C-1
Parking
24 Spaces (2.55 Spaces per 1,000 SF Leased)
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R385141 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,054,350 |
Property Taxes
Parcel Number
R385141
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,054,350
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644 SW Coast Hwy
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