Two-Story Mixed-Use
For Sale
$514,990
316 SW Coast Hwy, Newport, OR 97365
Multiple commercial spaces span two levels along Hwy 101 in Newport.
Property Size8,344 SF
Days on Market12
Property Features for 316 SW Coast Hwy
General Information
Standard status
Active
Size
8,344 SF
Property subtype
Commercial
Zoning
C-1 Commercial
Additional Details
Gross Income
$37,500
Taxes and HOA fees
Annual Taxes
$6,511
Building Details
Building Size
8,344 SF
Year Built
1962
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Coldwell Banker Professional Group - Lincoln City
(503) 930-5678
Listed By:
Ryan Lee Maddy · License #201218391
(503) 930-5678
Source:
Martekrealestate
Added: Aug 18
Changed: Aug 28
Last Checked: Aug 28 at 8:14PM
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 Coldwell Banker Professional Group - Lincoln City
Investment Insights
Based on property information with market context.
This two-story commercial building contains three separate units on the ground level and four rentable business spaces upstairs. Current occupants and uses include a Mexican store, meat market, retail store, yoga studio, and meeting room. The property was built in 1962 and carries C-1 Commercial zoning, with planned uses subject to verification with the City.
Located at 316 SW Coast Hwy in Newport, the building fronts the Hwy 101 corridor and sits near the hospital, Bayfront, restaurants, shopping, and the ocean. The combination of ground-floor retail configuration and additional upper-level business spaces provides a varied mixed-use layout within one commercial property.
Located at 316 SW Coast Hwy in Newport, the building fronts the Hwy 101 corridor and sits near the hospital, Bayfront, restaurants, shopping, and the ocean. The combination of ground-floor retail configuration and additional upper-level business spaces provides a varied mixed-use layout within one commercial property.
Key Highlights
- Two‑story commercial building with 3 ground‑floor units and 4 upper‑level business spaces
- C‑1 Commercial zoning; planned uses should be verified with the City
- Current uses include a Mexican store, meat market, retail store, yoga studio, and meeting room
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,471
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multiple commercial spaces span two levels along Hwy 101 in Newport.
Where is this mixed-use property located?
The property is located at 316 SW Coast Hwy Newport, OR.
What is the asking price?
The asking price for this property is $514,990.
What are key features of this property?
This property features: Two‑story commercial building with 3 ground‑floor units and 4 upper‑level business spaces; C‑1 Commercial zoning; planned uses should be verified with the City; Current uses include a Mexican store, meat market, retail store, yoga studio, and meeting room
