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Renovated Retail and Office Building
For Sale
$625,000

802 Southshore Diamond Lake Rd, Newport, WA 99156

Turnkey, renovated building across from the lake with strong highway visibility on multiple parcels.

Property Size2,438 SF
Price / SF$256.36
Days on Market120

Property Features for 802 Southshore Diamond Lake Rd

General Information

Standard status Active
Size 2,438 SF

Building Details

Year Renovated 2021
Listing Agency: EXIT Real Estate Professionals
Listed By: Angela Newcomb · License #102150
Source: Exprealty
Added: Apr 9 Changed: Jul 10 Last Checked: Jul 31 at 4:37PM

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 EXIT Real Estate Professionals

Investment Insights

Based on property information with market context.

This turnkey commercial building at 802 Southshore Diamond Lake Rd has been completely renovated in 2021 and offers a functional layout with attractive finishes. The property totals 2,438 square feet and is set up to support a variety of concepts, including retail, office, event space, coffee shop, and wellness uses. Additional on-site features include existing storage units, along with space that can accommodate future expansion, including potential tiny home use.

The property is located in Diamond Lake and sits directly across from the lake. It also benefits from outstanding highway visibility and year-round traffic, supporting consistent exposure for retail or service-driven operations.

With the building and site positioned on five parcels, the property offers flexibility for owner-operators, buyers seeking a multi-use configuration, or investors evaluating mixed-use and redevelopment scenarios. The combination of a renovated interior, existing storage, and the multi-parcel setup is well aligned for tenants looking for immediate occupancy with the ability to adapt the site over time.

Key Highlights

  • Commercial building across from Diamond Lake with year‑round traffic and highway visibility
  • Completely updated in 2021, offering a modern, ready‑to‑use space
  • Set on five parcels with mixed‑use potential

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Plumbing Service Bakery Butcher Auto Repair Shop Real Estate Agency

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

21
Businesses Nearby

Demographics for 99156, WA

8,478
Population
4,981
Households
1.7
Avg Household Size
51
Median Age
21%
College-Educated
95%
High-School Grad
273.2 sq mi
ZIP Area
31
Density / Sq Mi
$59,040
Median Household Income
$39,590
Median Earnings
$788
Median Rent
$303,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Turnkey, renovated building across from the lake with strong highway visibility on multiple parcels.
Where is this retail space located?
The property is located at 802 Southshore Diamond Lake Rd Newport, WA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Commercial building across from Diamond Lake with year‑round traffic and highway visibility; Completely updated in 2021, offering a modern, ready‑to‑use space; Set on five parcels with mixed‑use potential
More about this property
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