Listing Courtesy of:
TOWN & COUNTRY SOTHEBY'S INTERNATIONAL REALTY
Agency Contact: 541-232-7477
SQUARE FEET23,266
MLS#845975
STATUS
PROPERTY TYPECommercial - Office
Property Description
Value-add commercial investment opportunity in Newport. Bridgeview Professional Center offers approx. 19,000 SF of leasable medical and professional office space with existing income and significant vacancy upside. Approx. 9,237 SF currently leased. Flexible multi-tenant configuration on approx. 3.07 acres with 42 parking spaces and prominent Coast Hwy access. Opportunity to increase occupancy, improve rental performance and reposition through strategic capital improvements.
Property Features
Property Type: Commercial - Office
Basement: Yes
Basement: Partial, Unfinished
Lot Size: 3.07 Acres
Year Built: 1983
Feature Descriptions
Access: State Highway
Building 1: Three floors with basement
Days on Site: 18
Exterior: Fiber Cement
Fire System: Sprinkled
Foundation: Continuous
Heating/Cooling: Central AC, Electric, Forced Air, Gas
Lot Dimensions: 3.07 Acre(s)
Parking Space(s): 42
Price Per Square Foot: 85.96
Property Name: Bridgeview Professional
Sewer: City
Signage: Yes
Suitable for Office: Institutional/Gov, Medical Office, Office Building
Water: City
Listed By / Shown By
Listed By
Agency Name: TOWN & COUNTRY SOTHEBY'S INTERNATIONAL REALTY
Agency Contact: 541-232-7477
Shown By
Agency Title: Coldwell Banker Valley Brokers
Albany: 541.928.6317
Corvallis: 541.757.0222