Log In/Sign Up
Your email has been sent.
644 SW Coast Hwy 9,400 SF 100% Leased Office Building Newport, OR 97365 $2,836,749 CAD ($301.78 CAD/SF)
Investment Highlights
- Positioned along Highway 101 in Newport with excellent visibility and high traffic exposure in a central coastal corridor.
- Offers approximately 24 surface parking spaces for ease of access for tenants and visitors.
- Investment-ready opportunity with 100% occupancy, providing immediate income potential and long-term value in a growing coastal market.
- Conveniently located across from Good Samaritan Hospital and near Hallmark Inn, providing strong synergy for medical and professional tenants.
- Built in 1985 with a practical layout designed for professional services, healthcare, and neighborhood retail uses.
- Fully leased, two-story multi-tenant office property encompassing approximately 9,400 square feet on a 0.40-acre lot.
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
Property Subtype
Office/Residential
Building Size
9,400 SF
Building Class
B
Year Built
1985
Price
$2,836,749 CAD
Price Per SF
$301.78 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,700 SF
Building FAR
0.52
Lot Size
0.42 AC
Zoning
C-1 - intended to provide commercial services to an area of limited size for basic trade and personal services which occur regularly or frequently
Parking
24 Spaces (2.55 Spaces per 1,000 SF Leased)
1 1
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 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,444,460 CAD |
Property Taxes
Parcel Number
R385141
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,444,460 CAD
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
644 SW Coast Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.