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Two-Story Mixed-Use Building
For Sale
$514,990

316 SW Coast Hwy, Newport, OR 97365

Commercial Sale, Newport, OR

Property Size8,344 SF
Lot Size0.11 Acres
Price / SF$61.72
Days on Market649

Property Features for 316 SW Coast Hwy

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1 Commercial
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 2, Bathroom 5, Bathroom 7, Bathroom 4, Bathroom 1, Bathroom 6, Bathroom 3
Subdivision Bayley and Case's
Directions Hwy 101 to the address, located right off of Hwy 101.
Standard status Active
APN 111108BD-6100-00
Size 8,344 SF
Lot size 0.11 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6512

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Electric (Heating), Wall Furnace
Water source Public

Building Details

Year built 1962
Floors in Building 2
Flooring type Carpet, Vinyl
Building materials Brick
Roof type Membrane, Flat
Buildings 1
Listing Agency: Coldwell Banker Professional Group - Lincoln City · Coldwell Banker Real Estate
Listed By: Ryan Lee Maddy · License #201218391
Added: Jan 21, 2025 Changed: Nov 1 Last Checked: Nov 1 at 12:06PM
MLS# LC-102850

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.

Rey
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Investment Insights

Based on property information with market context.

At 316 SW Coast Hwy in Newport, this 8,344-square-foot, two-story mixed-use property was built in 1962 and occupies a 0.11-acre parcel. Three commercial units at street level are in use, while the second floor contains four business suites; two of those upper-level spaces are occupied as a yoga studio and meeting room. Construction is brick, with carpet and vinyl flooring. The property has public water and sewer, with water available as a listed utility.

The building fronts the Hwy 101 corridor and is within reach of Newport’s hospital, Bayfront, restaurants, shopping, and ocean. C-1 Commercial zoning applies to the site.

Key Highlights

  • 8,344‑square‑foot building on a 0.11‑acre parcel
  • Three ground‑floor commercial units and four upper‑level business suites
  • Two upper‑floor spaces are currently used as a yoga studio and meeting room

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

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

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,471
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - C-1 zoning and a mix of ground-floor retail units and upper-level business suites accommodate varied commercial occupancy.
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: 8,344‑square‑foot building on a 0.11‑acre parcel; Three ground‑floor commercial units and four upper‑level business suites; Two upper‑floor spaces are currently used as a yoga studio and meeting room
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