350 East Olive Street

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350 East Olive Street

Newport, OR 97365
Asking Price
$2.65M
Asset Type
Traditional Office Office
Class
Class B

What's Special

19,000 + sqft in Newport Retail <p><span style="color: rgba(0, 0, 0, 1)">Exceptional opportunity to acquire approximately 19,802 square feet of highly versatile commercial retail and warehouse space designed to support a wide variety of business operations. The property combines functional warehouse capabilities with customer-facing retail/showroom potential, creating an ideal setup for owner-users, investors, contractors, wholesalers, distributors, light industrial users, or expanding businesses seeking operational flexibilit

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NOI
$80,000
Cap Rate
3.02%
DSCR
0.51
Underwater
Cash-on-Cash
-9.73%
Monthly Payment
$13,110.754
Annual Cash Flow
$-77,329.049

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