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Built-Out Restaurant and Taproom Space

515 NW Coast Street Newport, OR 97365

New
515 NW Coast Street, Newport, OR, 97365
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For Lease
Contact for pricing

COMMERCIAL - Newport, OR

Property Size4,180 SF
Lot Size0.14 Acres
Days on Market1

Property Features for 515 NW Coast Street

General Information

Property type
Commercial Lease
Property subtype
Other
Zoning
C-2 General Commercial
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking
10
Parking features
Off Street
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
11-11-05-CC-07900-00
Size
4,180 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
3379

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
1974
Floors in Building
1
Building materials
HardiPlank Type
Roof type
Flat, Membrane
Listing Agency Taylor & Taylor Realty Company
3891 NW Hwy 101, Lincoln City, OR
Listed by Dennis M Regen · License #810604051
Added: Jul 17 Checked: Jul 17 at 5:06 pm
MLS# 26-1986

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.


Investment Insights

Based on property information with market context.

This fully built-out commercial space was formerly used as a restaurant and taphouse, and many of the existing improvements remain in place. It’s offered as a Triple Net (NNN) lease, with a phased introductory rental schedule. The configuration is described as well suited for restaurant, brewery, taproom, cafe, or other approved commercial use under the property’s zoning.

The property is located at 515 NW Coast Street in Newport, Oregon 97365, within C-2 General Commercial zoning. The offering is positioned as a commercial lease opportunity in the Nye Beach District.

With the improvements already in place from its prior restaurant and taphouse use, the space may support a tenant’s concept while still allowing for customization consistent with approved commercial uses.

Key Highlights

  • Former restaurant and taphouse with built‑out commercial space; suitable for restaurant, brewery, taproom, cafe, or other approved commercial use
  • Triple Net (NNN) lease with introductory rental schedule: $5,000/mo months 1–3, $7,500/mo months 4–6, $9,000/mo beginning month 7
  • Construction includes HardiPlank type siding; roof is flat with membrane

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Taphouse at Nye Creek Restaurant

Suggested Use

Grocery & Convenience Store HVAC Service Parking Lot & Garage Carpet & Flooring Store Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
NNN property - NNN lease for a fully built-out former restaurant and taphouse space in C-2 General Commercial zoning.
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: Former restaurant and taphouse with built‑out commercial space; suitable for restaurant, brewery, taproom, cafe, or other approved commercial use; Triple Net (NNN) lease with introductory rental schedule: $5,000/mo months 1–3, $7,500/mo months 4–6, $9,000/mo beginning month 7; Construction includes HardiPlank type siding; roof is flat with membrane
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