Retail Space with High
312 NW Coast Street, Newport, OR 97365
For Sale
New
$325,900
Commercial Sale, Newport, OR
Property Size956 SF
Price / SF$340.90
Days on Market4
Property Features for 312 NW Coast Street
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Parking
Appliances
Subdivision
Directions
Standard status
APN
Size
Taxes and HOA fees
Tax Year
Tax Annual Amount
HOA Fee
Utilities
Utilities
Sewer type
Heating system
Water source
Amenities
open interior floorplan
high ceilings
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Advantage Real Estate
(541) 265-2200
Listed By:
Freddy M Saxton · License #200801080
(541) 961-2085
Added: Nov 3
Last Checked: Nov 6 at 8:06PM
MLS# 26-2839
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.
The 956-square-foot retail suite was built in 1999 and has an open interior, high ceilings, one bathroom, and vinyl flooring. Electric heat serves the space. The composition roof was recently replaced, and the building has shingle siding.
Located in Newport’s Nye Beach area at 312 NW Coast Street, the property is across from the Arch. Dedicated off-street parking is provided. C-2 General Commercial zoning applies, with public water and sewer available.
Located in Newport’s Nye Beach area at 312 NW Coast Street, the property is across from the Arch. Dedicated off-street parking is provided. C-2 General Commercial zoning applies, with public water and sewer available.
Key Highlights
- 956‑square‑foot retail suite with an open interior and high ceilings
- C‑2 General Commercial zoning
- Dedicated off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,635
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,700
$232.7K
Cap Rate 7%
$166,214
$166.2K
Cap Rate 9%
$129,278
$129.3K
Market Conditions
NOI Build-Up for 956 SF
Gross rent
$17.2K $18.00/SF
− Vacancy
−$587 −$0.61/SF
EGI
$16.6K $17.39/SF
− OpEx
−$5.0K −$5.22/SF
NOI
$11.6K $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%
$232,700
Cap Rate 7%
$166,214
Cap Rate 9%
$129,278
Alternative Uses
Best Use
Retail
$166.2K
$145.4K – $193.9K
NOI $11,635 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$249.4K
$218.2K – $290.9K
NOI $17,455 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,214
Businesses Nearby
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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
$418,500
Median Home Value
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Market
Average Price Trend$/SF for Retail space in Lincoln County, OR
Properties on Market for Retail space in Lincoln County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - This open-plan commercial suite in Newport’s Nye Beach area includes dedicated off-street parking and C-2 General Commercial zoning.
Where is this retail space located?
The property is located at 312 NW Coast Street Newport, OR.
What is the asking price?
The asking price for this property is $325,900.
What are key features of this property?
This property features: 956‑square‑foot retail suite with an open interior and high ceilings; C‑2 General Commercial zoning; Dedicated off‑street parking
