Newport Commercial Investment
426 501 515 NW Coast Street, Newport, OR 97365
- Added:
- Feb 7, 2025
- Days on Market:
- 461
- Last Refresh:
- May 14 at 7:06 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
MLS# LC-103016
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
- Turnkey restaurant/bar space with all existing furnishings, fixtures, and equipment included.
- Immediate rental income from two leased commercial storefronts.
- Prime commercial investment opportunity in the high‑foot‑traffic Nye District near beach access.
- Brand new PVC membrane roof on all buildings.
- Includes an additional parking lot.
- Interior updates in progress on the former restaurant.
Overview
This commercial investment opportunity is located in the Nye District. The property includes a former restaurant and bar, fully equipped and ready for a new concept. The sale includes all existing furnishings, fixtures, and equipment. In addition to the restaurant/bar space, the sale includes an additional parking lot and two commercial storefronts. The storefronts are currently leased, providing immediate rental income; the sale for the storefronts is for the real estate only, not the existing businesses. A new PVC membrane roof has been installed on all buildings, and interior updates on the former restaurant are in progress. The property is located in a high-foot-traffic area near beach access, benefiting from a steady flow of locals and tourists. The property is zoned C-2 General Commercial and has a total size of 6505 square feet on a lot of 0.69 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
AirGarage | Public Parking
Parking Lot & Garage
Similar Places Nearby
- Rogue Bayfront Public House — 748 SW Bay Blvd., Newport, OR 97365
- Surf Town Coffee Company Roasting Headquarters (East Location) — 345 SW Bay Blvd., Newport, OR 97365
- Barge Inn Tavern — 358 SW Bay Blvd., Newport, OR 97365
- Clearwater Tent — 342 SW Coast Hwy, Newport, OR 97365
- Bay Haven Inn — 608 SW Bay Blvd., Newport, OR 97365
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.060982
- Latitude
- 44.639503
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Turnkey restaurant, bar, parking lot, and storefronts in Nye District.
Where is this bar & pub located?
The property is located at 426 501 515 NW Coast Street Newport, OR.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: Turnkey restaurant/bar space with all existing furnishings, fixtures, and equipment included.; Immediate rental income from two leased commercial storefronts.; Prime commercial investment opportunity in the high‑foot‑traffic Nye District near beach access.
