Full-Service Restaurant and
For Sale
Contact for pricing
711 NW 2nd St, Newport, OR 97365
Operating restaurant property with potential for alternative commercial or residential uses.
Property SizeContact for details
Days on Market143
Property Features for 711 NW 2nd St
General Information
Standard status
Active
Property subtype
Hospitality, Mixed Use, Office, Retail, Special Purpose
Listing Agency:
Commercial Associates
Listed By:
Alan Wells
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 12:32PM
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 Commercial Associates
Investment Insights
Based on property information with market context.
This operating restaurant property is configured for full-service dining and bar service, with the current business presented as a Spanish tapas concept under the Zuritas name. The building may also support conversion to other commercial or residential uses, subject to applicable requirements.
The property is situated in the center of Nye Beach, a central coast neighborhood associated with restaurants, inns, and hotels. The beach is approximately two blocks away, placing the building within a walkable coastal setting surrounded by hospitality and dining activity.
The property is situated in the center of Nye Beach, a central coast neighborhood associated with restaurants, inns, and hotels. The beach is approximately two blocks away, placing the building within a walkable coastal setting surrounded by hospitality and dining activity.
Key Highlights
- Operating Spanish tapas restaurant with full‑service dining and bar configuration
- Potential conversion to other commercial or residential uses
- Located in the center of Nye Beach
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,234
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 Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant property with potential for alternative commercial or residential uses.
Where is this conventional restaurant located?
The property is located at 711 NW 2nd St Newport, OR.
What are key features of this property?
This property features: Operating Spanish tapas restaurant with full‑service dining and bar configuration; Potential conversion to other commercial or residential uses; Located in the center of Nye Beach
