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423 N. Coast Hwy, Newport, OR 97365

423 N. Coast Hwy, Newport, Oregon
423 N. Coast Hwy, Newport, Oregon
$825,000; $1.25/sf/month
FOR SALE or LEASE
Property Type: Office

Property Features

A 7,500 sf professional office building, currently occupied by a local law firm.  This law firm is consolidating their offices and will, after January 1, 2017, occupy only approximately 3,500 sf for their business.  The law firm is willing to lease back this 3,500 sf of space to a prospective buyer on lease terms to be negotiated.  The remaining 4,000 sf of professional office space is available for lease for $1.25 psf/mo.  The building has 8 off-street parking spaces and is in generally good condition.  The building is located in central Newport, with frontage and direct access of Hwy 101.

Price/Lease Rate:  $825,000; $1.25/sf/month Owner may provide financing for qualified purchaser.  Please refer to agent for additional information.

 

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Property Location | 423 N. Coast Hwy, Newport, OR 97365



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