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About This Home

This 0-bedroom, 2-bathroom commercial at 242 W Olive Street in Newport, OR is listed for $579,000 ($252 per sqft). Built in 1957, the home offers 2,295 sqft of living space on a 0.29 acres lot.

Agent 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.

Key Features

  • Built in 1957
  • 0.29 acre lot
  • 2 stories
  • 12 parking spaces

Property Details

2 stories
2 full
12 spaces
1957

Amenities

ViewA/C

Monthly Cost Estimate

$3,097/mo

20% down · 6.5% · 30 years

Principal$419
Interest$2,509
Insurance$169

Estimates only. Actual payments may vary.

Location

242 W Olive Street

Newport, OR 97365

Nob Hill Beach

Property Details

Flooring

VinylCarpet

Construction

Concrete

Views

Ocean

Heating

Natural GasCentral

Cooling

Gas (Cooling)Central Air

Appliances

MicrowaveWater Heater

Questions & Answers

This 0-bedroom, 2-bathroom commercial at 242 W Olive Street is listed at $579,000 ($252/sqft). The estimated monthly payment is $2,509 based on 20% down at 6.5% interest.

Key features include: Built in 1957, 0.29 acre lot, 2 stories, 12 parking spaces.

This property is listed by Dennis M Regen and can be reached at 5419944169 or teamregen@teamregen.net.

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DR

Dennis M Regen

Agent at Taylor & Taylor Realty Company

(541) 994-4169

Listed by Taylor & Taylor Realty Company

MLS# LC-98676· Source: listhub· Updated 1067 days ago

Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

242 W Olive Street, Newport, OR 97365

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