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    C-1 Versatile Retail/Office Building Title is generated by Realmo AI

    1112 SW Coast Highway, Newport, OR 97365

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    Claim this Listing
    For Sale
    $475,000

    COMMERCIAL - Newport, OR

    Type:Retail
    Property size:
    1,998 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $237/SF
    Added:
    Apr 17, 2026
    Days on Market:
    73
    Last Refresh:
    Jun 28 at 9:06 pm

    Property Features for 1112 SW Coast Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    C-1 Commercial
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    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

    We can help!

    Contact an agent
    Michael T Burkhard
    Michael T Burkhard

    Listing agent Michael T Burkhard License #201235321

    Listing office Martek Real Estate 567 N Coast Hwy, Newport, OR

    Listing date Apr 17, 2026

    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.

    HighLights

    • 1,998 sq. ft. professional space with versatile room layout
    • Deeded parking included
    • Accessible approach with ramp
    • Public water and public sewer
    • Roof is composition; heating includes electric heating and forced air
    • Built in 1984; appliances include dishwasher, microwave, and refrigerator

    Overview

    This for-sale commercial building in Newport, Oregon is designed as versatile professional space, offering flexibility for retail or office-oriented use. The property is presented as turn-key for immediate occupancy and is being sold as-is, with the existing configuration conveyed at purchase. It includes deeded parking, an uncommon feature that can simplify day-to-day operations and customer or staff access.

    The building is located at 1112 SW Coast Highway on Highway 101, supporting visibility to passing traffic. Zoning is listed as C-1 Commercial, which may provide a practical framework for a range of commercial uses consistent with the C-1 district.

    From an ownership standpoint, the property is positioned as a straightforward acquisition for buyers considering a 1031 exchange. It is also described as suited to a live-work arrangement, making it worth a closer look for operators seeking a single building that can support business activity while accommodating everyday use. Prospective buyers and tenants should review the as-is condition and confirm any intended use with the local jurisdiction under the C-1 Commercial zoning designation.

    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 (±1% cap)
    NOI $30,738 @ 7.0% cap · market cap 6.47%
    Second Best
    Retail
    $347.4K
    $304.0K – $405.3K (±1% cap)
    NOI $24,316 @ 7.0% cap · market cap 5.12%
    Theoretical Best
    Office A
    $521.1K
    $456.0K – $608.0K (±1% cap)
    NOI $36,480 @ 7.0% cap · market cap 7.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Yaquina Bay Realty Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.061353
    Latitude
    44.626465

    FAQs

    What type of property is this?
    Retail space - Versatile professional building on Highway 101 with deeded parking, offered for sale in C-1 zoning.
    Where is this retail 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
    More about this property
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