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    316 SW Coast Hwy Newport, OR 97365

    For Sale
    $514,990

    COMMERCIAL - Newport, OR

    Property size:
    8,344 SF
    Lot size:
    0.11 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 316 SW Coast Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1
    APN
    R49830
    Size
    8,344 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Zoned

    Building Details

    Year built
    1962
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Flat, Membrane

    Coldwell Banker Professional Group (971) 409-7586 [email protected]

    Listing agent Lucinda Hage (503) 538-0468

    Listing date Nov 13, 2025

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newport Commercial Building on Highway 101

    This two-story commercial building is located in Newport, Oregon, offering visibility from Highway 101. The property features 8,344 square feet of space on a 0.11-acre lot. The building currently generates a gross annual income of $42,000. The first floor is divided into three units, currently occupied by a Mexican store, a meat market, and a retail store. The second story contains four rentable business spaces, with two currently used as a yoga studio and a meeting room. There is potential to increase income by renting out currently unused spaces. The C-1 zoning allows for a range of usages. The property is centrally located near the hospital, Bayfront, restaurants, shopping, and the ocean.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.056054
    Latitude
    44.63382

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    FAQs

    What type of property is this?
    Retail space - Two-story commercial building with income potential in central Newport.
    Where is this retail space located?
    The property is located at 316 SW Coast Hwy Newport, OR.
    What is the asking price?
    The asking price for this property is $514,990.
    What are key features of this property?
    This property features: - High Gross Annual Income: $42,000; - Prime Location: Central Newport with excellent visibility off Hwy 101; - Income Potential: Opportunity to increase income by renting out currently unused spaces.
    (503) 538-0468
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    Newport, OR 97365
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    316 SW Coast Hwy Newport, OR 97365
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