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5262 Yaquina Bay Road

Newport, OR 97365
  • $2,880,000
  • STATUS: Active
  • ON SITE: 429 Days
  • MLS #: 23-1555
$2,880,000
  • 0
    BEDS
  • 13.03
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 21,400
    SQFT
  • $135
    $/SQFT
Neighborhood:
N/A
Type:
Commercial
Built:
1800
County:

School Ratings & Info

Description

A local landmark situated at Oneatta Point on Yaquina Bay. The property's current use includes a live seafood holding and transshipment, aquaculture development, and construction contractor's shop, warehouse, and laydown yard. The property has two boat pullouts to allow for haul out as well as 230 and 480-volt electricity is supplied by a public utility. Potable water is supplied from a well that produces 60 gallons per minute. Wastewater effluent is discharged to a drain field. The entire property is zoned MP ''planned marine'' and lies outside of the urban growth boundary. The site lies within a development zone in a development estuary. There are four site-built structures:a 10,000 sq. ft. main shop/office/work bay; a 7000 sq. ft. building currently housing a seafood business; a 4000 sq. ft. tall work bay with aggregate floor; a 400 sq. ft. rest room and shower of masonry construction. All building square footage is approximate. The entire site is within an "Enterprise Zone." The zoning allows one residence for a "caretaker" of the underlying marine use.

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© 2024 Lincoln County Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coho Realty. Data last updated: 2024-10-07T23:36:59.963.
www.coho.realty/homes/142182870
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5262 Yaquina Bay Road Newport, OR 97365

  • Price: $2,880,000
  • Status: Active
  • On Site: 429 Days
  • MLS #: 23-1555
0
Beds
2
Baths
0
½ Baths
13.03
Acres
21,400
SQFT
$135
$/SQFT
1800
Built
Neighborhood:
N/A
County:
Lincoln
Area:
Newport/South Beach
Property Description
A local landmark situated at Oneatta Point on Yaquina Bay. The property's current use includes a live seafood holding and transshipment, aquaculture development, and construction contractor's shop, warehouse, and laydown yard. The property has two boat pullouts to allow for haul out as well as 230 and 480-volt electricity is supplied by a public utility. Potable water is supplied from a well that produces 60 gallons per minute. Wastewater effluent is discharged to a drain field. The entire property is zoned MP ''planned marine'' and lies outside of the urban growth boundary. The site lies within a development zone in a development estuary. There are four site-built structures:a 10,000 sq. ft. main shop/office/work bay; a 7000 sq. ft. building currently housing a seafood business; a 4000 sq. ft. tall work bay with aggregate floor; a 400 sq. ft. rest room and shower of masonry construction. All building square footage is approximate. The entire site is within an "Enterprise Zone." The zoning allows one residence for a "caretaker" of the underlying marine use.
Exterior Features

Foundation NoneSlab Frontage River Frontage View Remarks Property fronts Yaquina River. Levels One Outbuildings None Primary View River Roof MembraneMetal Secondary View Forest Siding Other Street Surface GravelPaved

Interior Features

Ceiling BeamVaulted Flooring Other Heating StoveWood Internal Features Water Heater Electric Walls Paint

Property Features

3rd Party Approval No Association No Bank Lender Owned No Business Description AgricultureCommercialConstruction/ContractorDistributionIndustrialOtherProfessional ServiceTransportationWarehouse CCAnd Rs No Cross Street N/A Electric On Property Gas None General Info Building Type Wood frame General Info Condition Resale General Info Lease Information 5200/mo General Info Possession Negotiable Hwy101 East Side Income Gross Income 62400.00 Sellers Terms 1031CashConventionalOwner Will CarrySubmit Sewer Septic Short Sale No Tax Year 2023 Taxes 17527.82 Water Well Zoning M-P Planned Marine and Recreation

© 2024 Lincoln County Multiple Listing Service, Inc. All rights reserved. Listing provided courtesy of Taylor & Taylor Realty Company: .


© 2024 Lincoln County Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coho Realty. Data last updated: 2024-10-07T23:36:59.963.
 
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