Located in the heart of Newport's historic Nye Beach district, this offering includes two ground-floor commercial condominiums within Archway Place, a well-maintained mixed-use building constructed in 2007. The units are currently occupied by a month-to-month tenant, providing a buyer with the flexibility to retain the tenant under a new lease or occupy the space for their own business. Zoned C-2 (Tourist Commercial), the property benefits from strong pedestrian exposure, nearby beach access, dedicated onsite parking, and the synergy of neighboring businesses in one of the Oregon Coast's most popular tourist destinations. The remaining commercial condominium units within Archway Place are also available for sale separately. Residential condominiums above are not included in the sale, and the tenant's business is not for sale.
Listing courtesy of Advantage Real Estate.