578 W 580 HIGHWAY 20Toledo, OR97391
$187,500
2457 sq. ft
SqFt20000toAcres1
Zoning: comm
67 days on market
VestorFilter™
Price per ft²$76.31/ft²
Price per acre$293K/ac
Time on market67 days
Property Description
SALE, LEASE or LEASE OPTIONS available. Great development opportunity located only six miles from Newport on the Oregon Coast. Two parcels totaling .64 acre with Hwy frontage. Current building was a long term restaurant, some stainless and walk-in in place. (condition not guaranteed) a 2 bedroom apartment on top. Owner may carry a small 2nd for the buyer. Buyer to complete their own due diligence relating to approved uses with the City. Also, prelim plans for an 18 unit 2+2 available.
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Financial Data
Original Price$187,500
Current Price$187,500
Property Taxes$4,318
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Home Facts
StatusActive
Year Built1949
MLS ID24524853