219/227 NW CLIFF Street, Newport, OR 97365-3707 (MLS# 05-1303)


$2,200,000
219/227 NW CLIFF Street
Newport, OR 97365-3707
MLS# 05-1303
Status: Closed
22 beds  |  22 baths  |  13975 sqft


219/227 NW CLIFF Street, Newport, OR 97365-3707
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219/227 NW CLIFF Street, Newport, OR 97365-3707 219/227 NW CLIFF Street, Newport, OR 97365-3707 219/227 NW CLIFF Street, Newport, OR 97365-3707 219/227 NW CLIFF Street, Newport, OR 97365-3707 219/227 NW CLIFF Street, Newport, OR 97365-3707 219/227 NW CLIFF Street, Newport, OR 97365-3707

Property Description
18-room oceanfront hotel plus manager/owner unit and separate cottage. Includes restaurant that seats 50, with room for expansion. 115' of ocean frontage. Hotel built in 1992 and cottage built in 1915. Tax lots include 12500,12600,12700, & 10400. Income & Expenses with accepted offer. Shown by appointment only.

Details
Maps
Documents
Contract Information
Current Price: $2,200,000
Sold Price: $2,200,000
Begin Date: 2005-05-05
BA Comm: 3
BA Comm Type: %
General Property Description
Business Description: Boutique,B&B,Hotel,Restaurant
Major Area: Newport/South Beach
Minor Area: Newport
Frontage: Ocean
Primary View: Ocean
Secondary View: None
Total Bedrooms: 22
Total Bathrooms: 22
Levels: Three or More
Total SqFt.: 13975
Year Built: 1992
Lot Dimensions: .50
# of Acres: 0.5
Location, Tax and Other Information
House Number: 219/227
Street Direction Pfx: NW
Street Name: CLIFF
Street Sfx: Street
County: Lincoln
State/Province: OR
Postal Code: 97365-3707
Tax Map Number: 111108BB
Tax Lot: 1250012600
Taxes$: 15967.97
Tax Year: 2005
Tax District: 107
Subdivision: Nye & Thompson
Additional Subdv Info: * TL: 12700 also
Subdv Block: 5
Subdv Parcel/Lot: 3
Directions: Hwy 101 to 3rd Street, West to Cliff to property.
Status Change Info
Status: Closed
Under Contract Date: 2005-07-20
Contingent: Pending - Accepting Backups
Sold Date: 2005-12-13
Sold Price: $2,200,000
General Info
Building Type: Hotel/Restaraunt
Condition: Good
Exterior Color: Natural
Possession: NEGO
# Units: 20
Inclusions: Furnished per invent
Exclusions: Leased Equipment
Hwy 101: West Side
Flood Plain: Flood Plain Addendum Required
External Features
Roof: Other
Siding: Other
Foundation: Slab
Street Surface: Paved
Parking Spaces: 13
Internal Features
Water Heater: Gas
Walls: Paint
Furnished: Yes
Utilities
Sewer: City - Street
Water: City - Property
Electric: On Property
Gas: On Property
Heating/Cooling: Other
Alternate Heat: Gas Fireplace
Business
Business Description: Hotel/Restaurant
Business Name: Nye Beach Hotel & Ca
UCC Filing Required: No
Property Features
Internal Features: Refrigerator
Business: ABN Included; Non-Comp Agreement
Sellers Terms: Cash; Conventional

Listing Office: Taylor & Taylor Realty Company

Last Updated: October - 14 - 2020

219/227 NW CLIFF Street, Newport, OR 97365-3707 - MLS# 05-1303
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