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242 W Olive Street

Newport, OR 97365
  • $579,000
  • STATUS: Active
  • ON SITE: 1077 Days
  • MLS #: LC-98676
UPDATED: 203 min ago
$579,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,295
    SQFT
  • $252
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1957
County:
Area:

School Ratings & Info

Description

Commercial Building with ocean views. Located in a high traffic area of Newport. 2,295 square feet in total. The main level of the building includes a reception area, 4 offices, kitchen-break room and bathroom. On the upper level there is a reception area, 2 offices, kitchen/break room and a second bathroom. Each level is metered separately with a F/A gas furnace & heat pump with air-conditioning. Buyer to agree to mandatory leaseback for 48 months to Seller. Shown by appointment only.

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© 2026 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 Ladd Group, Cascade Sotheby's International Realty. Data last updated: 2026-04-20T23:34:05.12.
www.bendpropertysource.com/homes/139376726
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242 W Olive Street Newport, OR 97365

  • Price: $579,000
  • Status: Active
  • On Site: 1077 Days
  • Updated: 203 min ago
  • MLS #: LC-98676
0
Beds
0
Baths
0
½ Baths
0.29
Acres
2,295
SQFT
$252
$/SQFT
1957
Built
Neighborhood:
Nob Hill Beach
County:
Lincoln
Area:
Newport
Property Description
Commercial Building with ocean views. Located in a high traffic area of Newport. 2,295 square feet in total. The main level of the building includes a reception area, 4 offices, kitchen-break room and bathroom. On the upper level there is a reception area, 2 offices, kitchen/break room and a second bathroom. Each level is metered separately with a F/A gas furnace & heat pump with air-conditioning. Buyer to agree to mandatory leaseback for 48 months to Seller. Shown by appointment only.
Exterior Features

Carport YN No Fencing [] Foundation Details Slab Garage YN No Parking Features [] Parking Total 12 Road Frontage Type City Street Road Surface Type AsphaltPaved Roof Metal View Panoramic Water Body View Yes Yes Window Features []

Interior Features

Above Grade Finished Area 0 Appliances MicrowaveWater Heater Basement [] Basement YN No Bathrooms Total Integer 2 Below Grade Finished Area 0 Cooling GasCentral Air Cooling YN Yes Fireplace YN No Flooring CarpetVinyl Heating Natural GasCentral Heating YN Yes Laundry Features [] Levels Two

Property Features

Accessibility Features Accessible Entrance Accessory Dwelling Unit YN No Association Amenities [] Association Fee Includes [] Association YN No Building Features Meeting Room(s)Separate Office Area Business Type Medical Construction Materials Concrete Furnished Unfurnished Green Energy Generation [] Inclusions Building Land Lease YN No Lease Considered YN No Listing Terms 1031 ExchangeCashConventionalSubmit Lot Features Level Lot Size Dimensions 83.3x100 Other Structures None Owner Pays [] Possession Seller Rent Back Property Sub Type Mixed Use Security Features Security System Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 6442.49 Tax Lot 2200 Tax Map Number 111108BA Tax Year 2025 Tenant Pays [] Utilities Electricity ConnectedNatural Gas ConnectedWater Available Water Body Type Ocean Yes Water Source Public Waterfront YN No Zoning C-1 Commercial

© 2026 Lincoln County Multiple Listing Service, Inc. All rights reserved. Listing provided courtesy of Taylor & Taylor Realty Company: 800-462-0197.


© 2026 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 Ladd Group, Cascade Sotheby's International Realty. Data last updated: 2026-04-20T23:34:05.12.
 
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Ladd Group, Cascade Sotheby's International Realty
650 SW Bond St, Suite 100
Bend OR, 97702