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711 NW 2nd Ct 2,226 SF Retail Building Newport, OR 97365 $1,350,000 ($606.47/SF)
INVESTMENT HIGHLIGHTS
- Excellent location
- Full service commercial kitchen
- Naturally lighted building
EXECUTIVE SUMMARY
Located in the trendy Nye beach neighborhood of Newport, the property is currently operating as a popular Spanish tapas restaurant known as Zuritas. The property is zone C-2 which allows for a variety of different uses including retail, office, event venues and residential. The building was originally built in 2006 and it's design is in keeping with the "funky" Pacific NW architecture of the Nye Beach area.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,226 SF
Building Class
B
Year Built
2006
Price
$1,350,000
Price Per SF
$606.47
Tenancy
Single
Building Height
2 Stories
Building FAR
0.43
Lot Size
0.12 AC
Zoning
C-2
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R83017 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $156,040 |
PROPERTY TAXES
Parcel Number
R83017
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$156,040
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711 NW 2nd Ct
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