High-Visibility Commercial
1112 SW Coast Highway Newport, OR 97365
1112 SW Coast Highway, Newport, OR, 97365
$475,000
For Sale
$475,000
COMMERCIAL - Newport, OR
Property Size1,998 SF
Lot Size0.11 Acres
Price / SF$237.74
Days on Market93
Property Features for 1112 SW Coast Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- C-1 Commercial
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking
- 3
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Dishwasher, Microwave, Water Heater, Refrigerator
- Standard status
- Active
- APN
- 111108CC-6600-00
- Size
- 1,998 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4788
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 2
- Flooring type
- Vinyl, Carpet
- Building materials
- Concrete, Cedar
- Roof type
- Composition
Listing Agency
Martek Real Estate
(541) 265-8785
567 N Coast Hwy, Newport, OR
Listed by
Michael T Burkhard · License #201235321
(541) 961-9544
Added: Apr 17 Checked: Jul 18 at 10:06 am
MLS# 26-1013
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.
Investment Insights
Based on property information with market context.
This for-sale commercial property offers versatile professional space within a turnkey building configuration. The listing provides total size of 1,998 square feet and notes the property includes deeded parking. The property is being sold as-is.
Located at 1112 SW Coast Highway in Newport, Oregon 97365 (Lincoln County), the building is positioned for visibility along Highway 101. The property’s commercial zoning is identified as C-1.
The offering is presented as suitable for a 1031 exchange or a live-work situation based on the listing remarks.
Located at 1112 SW Coast Highway in Newport, Oregon 97365 (Lincoln County), the building is positioned for visibility along Highway 101. The property’s commercial zoning is identified as C-1.
The offering is presented as suitable for a 1031 exchange or a live-work situation based on the listing remarks.
Key Highlights
- 1,998 sq. ft. professional space with versatile room layout
- Deeded parking included
- Accessible approach with ramp
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.2k | $26.64 |
| − Vacancy | −$12.2k | −$6.13 |
| EGI | $41.0k | $20.51 |
| − OpEx | −$10.2k | −$5.13 |
| NOI | $30.7k | $15.38 |
1,998 SF · lease $26.64/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$439.1K
$384.2K – $512.3K
NOI $30,738 @ 7.0% cap · market cap 6.47%
Second Best
Mixed Use
$261.6K
$228.9K – $305.2K
NOI $18,312 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$521.1K
$456.0K – $608.0K
NOI $36,480 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Yaquina Bay Realty
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Versatile professional building in C-1 zoning with deeded parking, offered for sale as-is.
Where is this live-work space located?
The property is located at 1112 SW Coast Highway Newport, OR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1,998 sq. ft. professional space with versatile room layout; Deeded parking included; Accessible approach with ramp
