Built-Out Restaurant and Bar
515 NW Coast Street Newport, OR 97365
New
515 NW Coast Street, Newport, OR, 97365
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For Lease
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Triple Net lease featuring existing restaurant and taphouse improvements with flexible approved commercial use.
Days on Market7
Property Features for 515 NW Coast Street
General Information
- Standard status
- Active
Building Details
- Year Built
- 1974
Listing agency
Taylor & Taylor Realty Company
(541) 994-4169
Listed by
Dennis M Regen · License #810604051
(541) 994-4169
Source
Martekrealestate
Added: Jul 17 Updated: Jul 22 at 4:28PM Checked: Jul 22 at 4:28PM
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.
This fully built-out commercial space was formerly a restaurant and taphouse, and many of the existing improvements remain in place. It is offered as a Triple Net (NNN) lease and is presented as well suited for a restaurant, brewery, taproom, café, or other approved commercial use.
The property is located in Newport’s Nye Beach District, surrounded by established businesses and lodging, with beach access and year-round visitor traffic. Lease payments are structured on an introductory schedule of $5,000 per month for months 1–3, $7,500 per month for months 4–6, and $9,000 per month beginning in month 7. The space is positioned for a new operator to bring their concept to a high-traffic coastal retail and hospitality area.
The property is located in Newport’s Nye Beach District, surrounded by established businesses and lodging, with beach access and year-round visitor traffic. Lease payments are structured on an introductory schedule of $5,000 per month for months 1–3, $7,500 per month for months 4–6, and $9,000 per month beginning in month 7. The space is positioned for a new operator to bring their concept to a high-traffic coastal retail and hospitality area.
Key Highlights
- 1974‑built commercial space offered as a Triple Net (NNN) lease
- Previously a restaurant and taphouse; space is fully built‑out with existing improvements in place
- Introductory rent: $5,000/month months 1–3, $7,500/month months 4–6, then $9,000/month starting month 7
Property Analytics
Location Intelligence
Current Use by Public Records
The Taphouse at Nye Creek
Restaurant
Similar For Rent Nearby
FAQs
What type of property is this?
NNN property - Triple Net lease featuring existing restaurant and taphouse improvements with flexible approved commercial use.
Where is this nnn property located?
The property is located at 515 NW Coast Street Newport, OR.
What are key features of this property?
This property features: 1974‑built commercial space offered as a Triple Net (NNN) lease; Previously a restaurant and taphouse; space is fully built‑out with existing improvements in place; Introductory rent: $5,000/month months 1–3, $7,500/month months 4–6, then $9,000/month starting month 7
