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Improved Mixed-Use Land for Sale in Newport, Oregon

5262 Yaquina Bay Rd, Newport, OR 97365

$2,880,000
13 acres
Active
Est $15,426/mo

A local landmark situated at Oneatta Point on Yaquina Bay. The property's current use includes a live seafood holding and transshipment, aquaculture development, and construction contractor's shop, warehouse, and laydown yard. The property has two boat pullouts to allow for haul out as well as 230 and 480-volt electricity is supplied by a public utility. Potable water is supplied from a well that produces approximately 60 gallons per minute. Wastewater effluent is discharged to a drain field. The entire property is zoned MP ''planned marine'' and lies outside of the urban growth boundary. The site lies within a development zone in a development estuary. There are four site-built structures: a 10,000 sq. ft. main shop/office/work bay; a 7000 sq. ft. building currently housing a seafood business; a 4000 sq. ft. tall work bay with aggregate floor; a 400 sq. ft. rest room and shower of masonry construction. All building square footage is approximate. The entire site is within an "Enterprise Zone." The zoning allows one residence for a "caretaker" of the underlying marine use.

21,400
Sq feet
2
Full baths
1940
Built

Location

Street address
5262 Yaquina Bay Rd
Community
Newport/South Beach
Elevation
13 feet
Coordinates
44.5879, -124.018

Directions

From highway 20, turn south onto SE Moore Dr. Follow SE Moore Dr to SE Bay Blvd. Follow SE Bay Blvd, which turns into Yaquina Bay Rd for approximately 4.5 miles. Property located on right-hand side.

Property details

Acreage
13.03 acres
Zoning
M-P Planned Marine and Re
MLS #
LCMLS 23-1555
Posted

Property taxes

2025
$15,780

Parcels

  • 11-11-27-BD-500-00

Details and features

Listing

Type
Commercial Sale

Lot

View
River

Structure

Stories
1
Water
Well
Sewer
Septic Tank
Heating
Wood
Roof
Membrane, Metal

Interior

Rooms
Bathroom x 2

Listing history

DateEventPriceChangeSource
June 24, 2024Price increase$2,880,000$1,000 0.03%LCMLS
Aug 6, 2023New listing$2,879,000LCMLS
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This 13.03-acre property is located at 5262 Yaquina Bay Rd in Newport, OR 97365. The property is available for sale for $2,880,000. It has a 21,400 sq ft structure built in 1940.

Checked 28 mins ago — Updated

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