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    727 NW 3Rd St Newport, OR 97365

    Sponsored
    For Sale
    Under Contract
    $600,000

    COMMERCIAL - Newport, OR

    Property size:
    2,606 SF
    Lot size:
    0.13 Acres
    Days on Market:
    15
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 727 NW 3Rd St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Zoning
    C-2 Tourist Commercial (N
    Rooms
    Bathroom 2, Bathroom 1
    Bathrooms
    2
    APN
    111108BB-11500-00
    Parking features
    Off Street
    Appliances
    Water Heater, Refrigerator
    Size
    2,606 SF
    Lot size
    0.13 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    2
    Flooring type
    Vinyl
    Roof type
    Composition

    Martek Real Estate (541) 961-6688 [email protected]

    Listing agent Sonja S. Lovas (541) 265-8785 License #201104108

    Listing date Dec 22, 2025

    Copyright © 2025 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

    Nye Beach Commercial Opportunity

    This commercial property is located in historic Nye Beach, Newport, Oregon. The property includes an additional lot to the west. The existing building is occupied by a tenant-owned business with residential space. The property offers ocean views and is located a few blocks from beach access, near restaurants, boutiques, and a performing arts center. The property is zoned C-2 Tourist Commercial (N and presents a development opportunity. The building has a size of 2606 square feet and the lot size is 0.13 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nye Beach Book ... Book Store

    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
    -124.061222
    Latitude
    44.63821

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    FAQs

    What type of property is this?
    Storefront property - Commercial building with additional lot in historic Nye Beach.
    Where is this storefront property located?
    The property is located at 727 NW 3Rd St Newport, OR.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Included additional lot to the West provides development opportunities.; - Ocean views and proximity to beach access.; - Located in Historic Nye Beach near restaurants, boutiques, and Performing Arts Center.
    (541) 961-3866
    Request Owner's contact information
    727 NW 3Rd St Newport, OR 97365
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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
    727 NW 3Rd St Newport, OR 97365
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