$1,190,000
Newport, OR 97365
MLS# LC-99530
Status: Closed
2 baths | 1428 sqft
1 / 2
Property Description
Investment property located in heart of Newport. Multiple uses of C1 and R4 zoning. All city utilities.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2023-12-28
Purchase Contract Date: 2023-11-28
Close Date: 2023-12-28
Close Price: 1190000
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Lot
Lot Size Dimensions: Irregular
Accessory Dwelling Unit YN: Yes
Lot Size Acres: 1.23
Lot Size Square Feet: 53578.8
Utilities
Electricity Connected: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Utilities: 9180.72 (2022), Building Type: wood frame, Possession: TBD, Specially Assessed: N, Garage Spaces: 1, Alternate Heat:
Accessory Dwelling Unit Information
ADU Bedrooms: 4
Appliances
Water Heater: 1
Building and Property Details
Building and Property Condition: Fair
Exterior Color: Grey
Construction Materials
Lap Siding: 1
Other: 1
Flooring
Carpet: 1
Vinyl: 1
Foundation Details
Pillar/Post/Pier: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Parking Features
Attached Garage: 1
Possession
Negotiable: 1
Subject To Tenant Rights: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Water Heater
Electric: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 86938.65
Insurance Expense: 3014
Maintenance Expense: 2400
Other Expense: 4266
Business Details
Equip/FF Incl Y/N: No
List Available Y/N: No
Inventory Included Y/N: No
MDSE/Supp Included Y/N: No
Business Type
Commercial: 1
Additional Tax and Location Information
Additional Tax ID #s: R163300
Highway 101: West Side
Property Tax ID #: R168044
Subdivision Block: 9
Tax District: 104
Tax Remarks: Tax Lot 13400 included also, zoned R4
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Historical Details
Historical MLS Number: 23-1724
Listing Information
Listing Association Name: Lincoln County BOR
Address
Street Number: 145
Street Direction Prefix: NW
Street Name: 6th
Street Suffix: Street
County: Lincoln
State: OR
Postal Code: 97365
Directions: Hwy 101, West on NW 6th on left.
Parcel Number: 1
Contract
Current Price: $1,190,000
Status: Closed
Begin Date: 2023-08-29
Sold Price: $1,190,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Nye & Thompson
Tax Annual Amount: 10904.35
Tax Year: 2023
Zoning: C-1 Retail Commercial
Tax Lot: 13000
Tax Map Number: 111105CD
Interior
Living Area: 1428
Bathrooms Total: 2
Parking Information
Garage YN: 1
Building
Year Built: 1918
Property Features
Utilities: Electricity Connected; Water Available; Electricity Connected; Water Available
Appliances: Water Heater
Business Type: Commercial
Construction Materials: Lap Siding; Other
Flooring: Carpet; Vinyl
Foundation Details: Pillar/Post/Pier
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional
Parking Features: Attached Garage
Possession: Negotiable; Subject To Tenant Rights
Road Surface Type: Paved
Roof: Composition
Sewer: Public Sewer
Water Heater: Electric
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Office
Plat Map - Public Listing Office: S & W REAL ESTATE
Office Phone: 800-676-7710
Office Email: swre@peak.org
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.