2633 Pacific Way, Newport, OR 97365 (MLS# 09-1335)


$1,300,000
2633 Pacific Way
Newport, OR 97365
MLS# 09-1335
Status: Closed
52 beds  |  53 baths  |  26569 sqft


2633 Pacific Way, Newport, OR 97365
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2633 Pacific Way, Newport, OR 97365 2633 Pacific Way, Newport, OR 97365 2633 Pacific Way, Newport, OR 97365 2633 Pacific Way, Newport, OR 97365 2633 Pacific Way, Newport, OR 97365 2633 Pacific Way, Newport, OR 97365 2633 Pacific Way, Newport, OR 97365 2633 Pacific Way, Newport, OR 97365 2633 Pacific Way, Newport, OR 97365 2633 Pacific Way, Newport, OR 97365 2633 Pacific Way, Newport, OR 97365 2633 Pacific Way, Newport, OR 97365 2633 Pacific Way, Newport, OR 97365 2633 Pacific Way, Newport, OR 97365

Property Description
Inn at Yaquina Bay, just south of the historic Yaquina Bay Bridge in Newport, this 52 Unit Motel is priced at $33,654 per unit! Property features bay, bridge and ocean views and is located just minutes from the OSU Hatfield Marine Science Center and the Oregon Coast Aquarium. Property features a spa & exercise facility. Property is subject to a short sale & 3rd party approval.

Details
Maps
Documents
Contract Information
Current Price: $1,300,000
Sold Price: $1,300,000
Begin Date: 2009-05-15
BA Comm: 2.5
BA Comm Type: %
Bank/Lender Owned?: No
Short Sale: Yes
3rd Party Approval: Yes
General Property Description
Major Area: Newport/South Beach
Minor Area: Newport
Frontage: None
Primary View: Bay
Secondary View: Ocean
Total Bedrooms: 52
Total Bathrooms: 53
Levels: Three or More
Total SqFt.: 26569
Year Built: 1996
Lot Dimensions: 30209 sq ft approx
# of Acres: 0.69
Garage Type: None
Location, Tax and Other Information
House Number: 2633
Street Name: Pacific
Street Sfx: Way
County: Lincoln
State/Province: OR
Postal Code: 97365
Property Tax ID #: R165705/151400
Parcel Nbr: 111117AC-301-1100
Tax Map Number: 11-11-17-AC
Tax Lot: 00
Taxes$: 32197.54
Tax Year: 2011
Tax District: 124
Zoning: C - Commercial
Subdv Block: NA
Subdv Parcel/Lot: NA
Hwy 101: East Side
Directions: Hwy 101 South to South Beach to SE Pacific Way to property
Status Change Info
Status: Closed
Under Contract Date: 2014-09-26
Contingent: Pending - Accepting Backups
Sold Date: 2015-01-02
Sold Price: $1,300,000
General Info
Building Type: Wood Frame
Condition: Good
Possession: Nego
# Units: 52
Hwy 101: East Side
External Features
Siding: Lap
Foundation: Cont/Con
Street Surface: Paved
Parking Spaces: 55
Internal Features
Water Heater: Gas
Ceiling: Flat
Floor: Carpet
Walls: Paint
Furnished: Yes
Utilities
Sewer: City
Water: City - Street
Electric: On Property
Gas: None
Heating/Cooling: Other
Alternate Heat: Fireplace
Heating
Fuel (Heat): Propane
Business
Business Description: Motel
Business Name: Innat Yaquina Bay
UCC Filing Required: Yes
Equip/FF Incl Y/N: Yes
List Avail Y/N: No
Inventory Incl Y/N: Yes
MDSE/SUPP INC? Y/N: Yes
Property Features
Roof: Composition
Siding: Lap
Foundation: Cont/Con
Street Surface: Paved
Internal Features: Dishwasher; Microwave; Refrigerator; Drapes/Curtains
Business: ABN Included; Non-Comp Agreement
Sellers Terms: Cash

Listing Office: Taylor & Taylor Realty Company

Last Updated: October - 14 - 2020

2633 Pacific Way, Newport, OR 97365 - MLS# 09-1335
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