426 501 515 NW Coast Street, Newport, OR 97365
- Added:
- Feb 7, 2025
- Days on Market:
- 506
- Last Refresh:
- Jun 28 at 9:06 pm
Property Features for 426 501 515 NW Coast Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-2 General Commercial
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking
- 34
- Parking features
- Off Street
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Water Heater, Refrigerator
- Standard status
- Active
- APN
- 111105CC-7900-00
- Size
- 6,505 SF
- Lot size
- 0.69 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12329
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1974
- Floors in Building
- 1
- Building materials
- Concrete
- Roof type
- Membrane
Listing agent Dennis M Regen License #810604051 (541) 994-4169
Listing office Taylor & Taylor Realty Company 3891 NW Hwy 101, Lincoln City, OR (800) 462-0197
Listing date Feb 7, 2025
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.
HighLights
- New PVC membrane roof installed on all buildings, plus exterior and interior updates completed
- Former restaurant/bar building with existing furnishings, fixtures, and equipment included
- Two leased commercial storefronts included with the real estate (sale excludes existing businesses)
- Additional parking lot included with the property
- Concrete construction with forced‑air heating, off‑street parking, and accessible approach with ramp
- Public water and public sewer; year built 1974
Overview
The property is located in Newport’s Nye District in a high-foot-traffic area near beach access. The two commercial storefronts are currently leased, providing immediate occupancy for that portion of the real estate.
For operators seeking a ready-to-open food and beverage location, the included equipment and turn-key presentation reduce initial build-out uncertainty. Investors should also note the blended structure of the deal, combining an on-site restaurant/bar component with leased storefront real estate and associated parking, all under C-2 General Commercial zoning. The sale for the storefronts is for the real estate only, not the existing businesses.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.060982
- Latitude
- 44.639503
