SEA TOWN, Newport - Commercial Associates

SEA TOWNE SHOPPING CENTER
1630 – 1678 N. COAST HWY (HWY 101)
NEWPORT, OREGON
Description: The Sea Town Shopping Center is a community orientated commercial/retail center
containing approximately 21,259 square feet of rentable area on a site comprised of two separate tax
lots totaling 60,000 sq. ft. (1.38 ac). The Shopping Center is two stories in height and contains a variety
of local and regional tenants. The Center is in a highly desirable location on Hwy 101 adjacent to Fred
Meyer Grocery and approximately two blocks south of Walmart. The building and the property have
been very well maintained. Recent improvements include replacement of windows throughout the
shopping center, upgrading of the buildings’ siding, redesign and reconfiguration of common areas,
and replacement of roofs on some of the buildings. The complex is essentially eight separate buildings
surrounding two courtyards (please refer to the aerial enclosed). The Center is well leased and has
maintained high occupancy since its construction in late 1979-1980.
Asking Price: $2,000,000
Woody Ouderkirk
Mishey Real Estate
433 N. Coast Hwy
Newport, OR 97365
(541) 265-2281
misheyrealestate.com
Alan Wells, CCIM
Commercial Associates
202 NW 6th Street
Corvallis, OR 97330
(541) 754-6320
alan@commercialassociates.org
The information contained herein was secured from sources deemed reliable but is not guaranteed by broker and is subject to price change, prior sale, error or
omission, correction or withdrawal without notice.
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