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Restaurant with Unfinished Upper Level
For Sale
Contact for pricing
Pending

4424 N Coast Highway, Newport, OR 97365

Restaurant property with an unfinished upper level and Oregon video lottery licensing in place.

Property SizeContact for details
Days on Market142

Property Features for 4424 N Coast Highway

General Information

Standard status Pending
Total Parking Spaces 15
Property subtype Land, Retail
Listing Agency: Taylor & Taylor Realty Company
Listed By: Debra Williams · License #860200161
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 3:54PM

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 Taylor & Taylor Realty Company

Investment Insights

Based on property information with market context.

Located at 4424 N Coast Highway in Newport, Oregon, this conventional restaurant property includes a fully unfinished upstairs area. The upper level is identified as suitable for living space or entertainment space, subject to the applicable requirements for either use.

The premises is currently licensed for Oregon video lottery. A new license can be applied for through the State for the 5 machines on the property. On-site parking accommodates 15 cars, including 1 handicapped parking space.

Key Highlights

  • Fully unfinished upstairs area identified for living space or entertainment space
  • Currently licensed for Oregon video lottery
  • Application may be made through the State for 5 machines on premises

Property Analytics

Current Use

Kam Meng Chinese ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Parking Lot & Garage Spa & Massage Center Electrical Service

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

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby
Balanced
Demand for This Use

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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • The Hill Buffet & Grill 5251 N Coast Hwy, Newport, OR 97365

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property with an unfinished upper level and Oregon video lottery licensing in place.
Where is this conventional restaurant located?
The property is located at 4424 N Coast Highway Newport, OR.
What are key features of this property?
This property features: Fully unfinished upstairs area identified for living space or entertainment space; Currently licensed for Oregon video lottery; Application may be made through the State for 5 machines on premises
(541) 994-9111 Call to check price and availability
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