Retail Space with Open
For Sale
$389,900
314 NW Coast Street, Newport, OR 97365
Commercial Sale, Newport, OR
Property Size956 SF
Price / SF$407.85
Days on Market210
Property Features for 314 NW Coast Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
C-2 General Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
2
Appliances
Water Heater, Water Heater
Subdivision
Nye Beach Plaza Condo
Directions
Nye Beach, right across from the arch and turnaround on the east side of Coast St.
Standard status
Active
APN
111105CC-80002-00
Size
956 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3000
HOA Fee
$300 Monthly
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Building Details
Year built
1999
Floors in Building
1
Flooring type
Vinyl
Building materials
Shingle Siding
Roof type
Composition
Listing Agency:
Advantage Real Estate
(541) 265-2200
Listed By:
Freddy M Saxton · License #200801080
(541) 961-2085
Added: Apr 3
Changed: Oct 29
Last Checked: Oct 29 at 7:06PM
MLS# 26-841
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 space at 314 NW Coast Street has an open interior, high ceilings, and one bathroom. Built in 1999, the building has vinyl flooring, electric heat, a composition roof, and shingle siding. The roof was recently replaced, and dedicated off-street parking serves the property.
Situated in Newport’s Nye Beach area, the space is opposite the Arch. C-2 General Commercial zoning applies. Public water and sewer are available, and monthly dues cover exterior maintenance.
Situated in Newport’s Nye Beach area, the space is opposite the Arch. C-2 General Commercial zoning applies. Public water and sewer are available, and monthly dues cover exterior maintenance.
Key Highlights
- 956 square feet of retail space 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
2.98%
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 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$249.4K
$218.2K – $290.9K
NOI $17,455 @ 7.0% cap · market cap 4.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,214
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 - High ceilings and off-street parking complement this Newport storefront in the Nye Beach area.
Where is this retail space located?
The property is located at 314 NW Coast Street Newport, OR.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: 956 square feet of retail space with an open interior and high ceilings; C‑2 General Commercial zoning; Dedicated off‑street parking
