426 501 515 NW Coast Street Newport, OR 97365
- Added:
- Feb 7, 2025
- Days on Market:
- 418
- Last Refresh:
- Mar 31 at 11:06 pm
Property Features for 426 501 515 NW Coast Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-2 General Commercial
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking
- 34
- Parking features
- Off Street
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Water Heater, Refrigerator
- Standard status
- Active
- APN
- 111105CC-7900-00
- Size
- 6,505 SF
- Lot size
- 0.69 Acres
Taxes and HOA fees
- TaxYear
- 2025
- TaxAnnualAmount
- 12329
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1974
- Floors in Building
- 1
- Building materials
- Concrete
- Roof type
- Membrane
Listing agent Dennis M Regen License #810604051 (541) 994-4169
Listing office Taylor & Taylor Realty Company 3891 NW Hwy 101, Lincoln City, OR (800) 462-0197
Listing date Feb 7, 2025
MLS# LC-103016
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.
Overview
Newport Commercial Investment Opportunity
This commercial investment opportunity is located in the Nye District. The property includes a former restaurant and bar, fully equipped and ready for a new concept. The sale includes all existing furnishings, fixtures, and equipment. In addition to the restaurant/bar space, the sale includes an additional parking lot and two commercial storefronts. The storefronts are currently leased, providing immediate rental income; the sale for the storefronts is for the real estate only, not the existing businesses. A new PVC membrane roof has been installed on all buildings, and interior updates on the former restaurant are in progress. The property is located in a high-foot-traffic area near beach access, benefiting from a steady flow of locals and tourists. The property is zoned C-2 General Commercial and has a total size of 6505 square feet on a lot of 0.69 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
AirGarage | Public Parking
Parking Lot & Garage
Similar Places Nearby
- Rogue Bayfront Public House — 748 SW Bay Blvd., Newport, OR 97365
- Surf Town Coffee Company Roasting Headquarters (East Location) — 345 SW Bay Blvd., Newport, OR 97365
- Barge Inn Tavern — 358 SW Bay Blvd., Newport, OR 97365
- Clearwater Tent — 342 SW Coast Hwy, Newport, OR 97365
- Bay Haven Inn — 608 SW Bay Blvd., Newport, OR 97365
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.060982
- Latitude
- 44.639503
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Turnkey restaurant, bar, parking lot, and storefronts in Nye District.
Where is this bar & pub located?
The property is located at 426 501 515 NW Coast Street Newport, OR.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: Turnkey restaurant/bar space with all existing furnishings, fixtures, and equipment included.; Immediate rental income from two leased commercial storefronts.; Prime commercial investment opportunity in the high‑foot‑traffic Nye District near beach access.
