1005 SE Bay BLVD, Newport, OR 97365 | MLS #24647257 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of Berkshire Hathaway HomeServices Real Estate Professionals- MLS# 24647257MLS Provider

1005 SE Bay BLVDNewport, OR 97365

Commercial · 74,923 Sq. ft. | 1.72 Acres
$1,250,000 Active

1005 SE Bay BLVD Overview

Time on Site:
900 days
Visits:
2,300

Creative financing possible! Calling all builders and developers! This prime 1.72-acre property, zoned R2, is plat approved for 11 duplex lots, allowing for a total of 22 townhomes. Located across from the Embarcadero Resort and Marina, it features breathtaking Bay Bridge & Ocean Views. With water, sewer, and power at the street; this premium development opportunity is ready for your summer build. Enjoy popular attractions like Oregon Coast Aquarium, Hatfield Marine Science Center, lighthouses, golf courses, and the central Oregon coast in this Newport's Bayfront District. Prime location justifies a condo or timeshare development too. Invest now!

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1005 SE Bay BLVD Facts & Features

  • Type Commercial
  • Sq. ft. 74,923
  • Price/Sq.ft. $17
  • Lot 1.72 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 2024

Location/Region

  • Country: US
  • County Or Parish: Lincoln
  • MLS Area Major: 200 - Lincoln County

Tax Information

  • Tax Annual Amount: 4322.06
  • Tax Year: 2025

General Information

  • Inclusions: Land
  • Listing Terms: Cash,Conventional
  • Parcel Number: R132556
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: R2

Interior

Building Interior

  • Building Area Total: 74923.0

General Information

  • Heating: Other

Exterior

Lot Information

  • Lot Size Acres: 1.72
  • Lot Size Area: 74923
  • Lot Size Dimensions: Irregular
  • Lot Size Square Feet: 74923.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Waterfront/View

  • Waterfront Features: Ocean Front

General Information

  • Road Frontage Type: 260
  • Sewer: Public Sewer

1005 SE Bay BLVD Neighborhood

Community

97365 (Newport) Demographics

46
Median Age
252
Population Density (per sq. mile)
38%
College Educated
$49,529
Estimated Median Income
2,693
Estimated Total Home Owners
2,073
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1005 SE Bay BLVD Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1005 SE Bay BLVD Market Data

Based on the last 30 days in this zip code

$620,101
Average List Price
$335
Average Price per Square Foot
17
Properties Sold
106
Average Days on Market
158
Properties for Sale
Calculations provided by Reliance Network

1005 SE Bay BLVD History

Date Event Value Agent
6/18/2026Source: Regional MLS Price Reduction
$1,250,000 -16.7%
5/22/2024Source: Regional MLS Status Change
Active
4/12/2024Source: Regional MLS Status Change
Pending
1/11/2024Source: Regional MLS Added to Database
January 11, 2024