Built-Out Conventional Restaurant
For Lease
Contact for pricing
515 NW Coast Street, Newport, OR 97365
Commercial Lease, Newport, OR
Space SizeContact for details
Lot Size0.14 Acres
Days on Market47
Property Features for 515 NW Coast Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
C-2 General Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking
10
Parking features
Off Street
Accessibility
Accessible Approach with Ramp
Subdivision
Nye & Thompson
Lot features
Level
View
Ocean
Directions
From highway 101, turn west on W Olive Street. Follow W Olive Street and turn on north on NW Coast street. Follow NW Coast street to property. Property is located on west and east side of NW Coast street.
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
(800) 462-0197
Listed By:
Dennis M Regen · License #810604051
(541) 994-4169
Added: Jul 17
Changed: Aug 19
Last Checked: Sep 1 at 4:06AM
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 4,180-square-foot conventional restaurant property occupies 0.14 acres and retains improvements from its former restaurant and taphouse use. The building includes two bathrooms, forced-air heating, a flat membrane roof, HardiPlank construction, and an accessible approach with ramp. Off-street parking is available, and the property was built in 1974.
The property is located at 515 NW Coast Street in Newport’s Nye Beach District, near established businesses, lodging, and beach access. Public water and public sewer serve the site, with cable available. C-2 General Commercial zoning and an NNN lease structure are in place for a new approved commercial use.
The property is located at 515 NW Coast Street in Newport’s Nye Beach District, near established businesses, lodging, and beach access. Public water and public sewer serve the site, with cable available. C-2 General Commercial zoning and an NNN lease structure are in place for a new approved commercial use.
Key Highlights
- 4,180‑square‑foot restaurant property on 0.14 acres
- C‑2 General Commercial zoning
- Existing improvements from former restaurant and taphouse use
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
957
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant improvements, C-2 zoning, and off-street parking support a range of approved commercial concepts.
Where is this conventional restaurant located?
The property is located at 515 NW Coast Street Newport, OR.
What are key features of this property?
This property features: 4,180‑square‑foot restaurant property on 0.14 acres; C‑2 General Commercial zoning; Existing improvements from former restaurant and taphouse use
