423 N. Coast Hwy, Newport, OR 97365

$825,000

Description

This listing is for a 7,500 sf professional office building, currently occupied by a local law firm. This law firm has consolidated their offices and occupies 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.

Asking Price:  $825,000

Lease Rate; $1.25/sf/month 

Location

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