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Full-Service Restaurant and Bar
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515 NW Coast St, Newport, OR 97365

Full restaurant and bar operation with one-level layout, ADA restrooms, and multiple outdoor seating areas.

Property SizeContact for details
Days on Market142

Property Features for 515 NW Coast St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Taylor & Taylor Realty Co.
Listed By: Dennis Regen · License #810604051
Source: Crexi
Added: Apr 12 Changed: Aug 14 Last Checked: Aug 14 at 7:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Taylor & Taylor Realty Co.

Investment Insights

Based on property information with market context.

The Taphouse at Nye Creek is a full-service restaurant and bar with a one-level configuration designed for accessibility, including two ADA restrooms. Interior features include an oversized dining room with numerous TVs, and the property is equipped with a sprinkler system for fire safety. The kitchen includes a brick pizza oven and a class 1 hood system, supporting menu variety. The concept is complemented by outdoor seating with ocean views, and the bar includes 30 beer taps.

The property is situated in the historic Nye District and described as close to beach access, with ample dedicated parking and an additional separate parking lot for convenience.

In addition to The Taphouse, the listing includes two commercial storefronts that are currently rented by tenants.

Key Highlights

  • Full restaurant and bar operation with an all one‑level layout
  • 30 beer taps plus a state‑of‑the‑art brick pizza oven and class 1 hood system
  • 25‑foot ceilings, oversized dining room, and numerous TVs

Property Analytics

Current Use

The Taphouse at Nye Creek Restaurant

Suggested Use

Top Pick Grocery & Convenience Store HVAC Service Parking Lot & Garage Carpet & Flooring Store Storage Facility Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

957
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97365, OR

10,806
Population
6,026
Households
1.8
Avg Household Size
47
Median Age
31%
College-Educated
91%
High-School Grad
41.5 sq mi
ZIP Area
260
Density / Sq Mi
$60,736
Median Household Income
$30,963
Median Earnings
$1,155
Median Rent
$418,500
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Full restaurant and bar operation with one-level layout, ADA restrooms, and multiple outdoor seating areas.
Where is this conventional restaurant located?
The property is located at 515 NW Coast St Newport, OR.
What are key features of this property?
This property features: Full restaurant and bar operation with an all one‑level layout; 30 beer taps plus a state‑of‑the‑art brick pizza oven and class 1 hood system; 25‑foot ceilings, oversized dining room, and numerous TVs
(541) 994-9111 Call to check price and availability
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