Commercial building(s)on two tax lots at heart of Newport's (high pedestrian traffic)Historic Bayfront. Four long-established retail shops/eating-drinking establishment, plus another shop that is now an internet store (but could be retail shop or apartment). Incredibly beautiful scenic area on Yaquina Bay, with Pacific ocean beaches close, and tourist amenities such as Oregon Coast Aquarium, Hatfield Marine Science Center, NOAA Marine Operations Center, etc, nearby. Property value based on 7.5% cap rate.
In exchange for Commercial Property in Washington, 99205
Approximate value $ : 830,000
Well-maintained, good rental history; may consider house as down payment.