Two-Tenant Retail
For Sale
$650,000
130 NW 19th Street, Newport, OR 97365
Commercial Sale, Newport, OR
Property Size3,631 SF
Lot Size0.23 Acres
Price / SF$179.01
Days on Market363
Property Features for 130 NW 19th Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
C-1 Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Accessibility
Accessible Approach with Ramp
Subdivision
Beach Park
Directions
West on 19th st. off Hwy. 101
Standard status
Active
APN
0400
Size
3,631 SF
Lot size
0.23 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9013
Building Details
Year built
1993
Floors in Building
1
Building materials
Stucco
Roof type
Composition
Listing Agency:
Commercial Associates
Listed By:
Alan Wells · License #910900152
(541) 754-6320
Added: Nov 1, 2025
Changed: Oct 29
Last Checked: Oct 29 at 5:06PM
MLS# LC-105210
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.
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Investment Insights
Based on property information with market context.
This 3,631-square-foot retail building was constructed in 1993 and contains two tenant spaces occupied by Cobblestone Pizza and Hair Nation. Both tenants have renewed their leases. The property is zoned C-1 Commercial and sits on a 0.23-acre lot.
Stucco exterior construction, a composition roof, an accessible approach with a ramp, and two bathrooms are among the building’s physical features.
Stucco exterior construction, a composition roof, an accessible approach with a ramp, and two bathrooms are among the building’s physical features.
Key Highlights
- 3,631‑square‑foot retail building on a 0.23‑acre lot
- Two tenants, Cobblestone Pizza and Hair Nation, have renewed their leases
- C‑1 Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,191
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,820
$883.8K
Cap Rate 7%
$631,300
$631.3K
Cap Rate 9%
$491,011
$491.0K
Market Conditions
NOI Build-Up for 3,631 SF
Gross rent
$65.4K $18.00/SF
− Vacancy
−$2.2K −$0.61/SF
EGI
$63.1K $17.39/SF
− OpEx
−$18.9K −$5.22/SF
NOI
$44.2K $12.17/SF
Area
Lincoln County, OR
Vacancy
3.41%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,820
Cap Rate 7%
$631,300
Cap Rate 9%
$491,011
Alternative Uses
Best Use
Retail
$631.3K
$552.4K – $736.5K
NOI $44,191 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$947.1K
$828.7K – $1.10M
NOI $66,296 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Cobblestone Pizza and Hair Nation have each renewed their leases.
Where is this retail space located?
The property is located at 130 NW 19th Street Newport, OR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3,631‑square‑foot retail building on a 0.23‑acre lot; Two tenants, Cobblestone Pizza and Hair Nation, have renewed their leases; C‑1 Commercial zoning
