Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    903/905 Coast Hwy Newport, OR 97365

    Sponsored
    For Sale
    $349,000

    Prime C-1 Zoned Land, High Visibility

    Property size:
    1,445 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,742.4 square foot commercial land parcel, located at 903/905 SW Coast Hwy in Newport, Oregon (zip code 97365), presents a unique investment opportunity. The property boasts excellent Highway 101 frontage, ensuring high visibility and accessibility for any business. Zoned C-1, it allows for a variety of uses, including retail and personal services. The existing structures, built in 1955, comprise four non-conforming studio apartments, currently vacant. While needing some finishing work and electrical completion, the property features newer Hardie plank siding, roof, and windows. The total building square footage is 1,445 square feet. Multiple on-street parking spaces are available, although off-street parking is not provided. A significant advantage is the property's location directly across the street from Samaritan Pacific Communities Hospital, providing a substantial potential customer base. The asking price for this strategically located commercial land is $349,000. This property offers a compelling blend of potential and location, making it an attractive investment for discerning buyers.

    Property Features for 903/905 Coast Hwy

    General Information

    Property type
    Land
    Square Feet
    1,445 SF

    Building Details

    Year Built
    1955

    HighLights

    • 1,742.4 SF commercial land parcel at 903/905 SW Coast Hwy, Newport, OR 97365.
    • Excellent Highway 101 frontage, high visibility, and accessibility.
    • C‑1 zoning allows for retail and personal services.
    • 1,445 SF building with four vacant, non‑conforming studio apartments (needs finishing).
    • Newer Hardie plank siding, roof, and windows.
    • Multiple on‑street parking spaces; no off‑street parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.061343
    Latitude
    44.628185

    Nearby Similar for Sale

    • $775,000
      5,022 SF

      Yaquina River View Investment Opportunity

      Multi-unit property with river views and income potential.
      4283 Yaquina Bay Rd, Newport, OR 97365
      View Details
    • $2,950,000
      21,400 SF

      Yaquina Bay Commercial Landmark

      Commercial property with vessel haul outs on Yaquina Bay.
      5262 Yaquina Bay Rd, Newport, OR 97365
      View Details
    • $1,200,000
      2,798 SF

      Highway Frontage Commercial Opportunity

      Prime commercial property on Coast Highway 101 in Newport.
      1006 SW Coast Hwy, Newport, OR 97365
      View Details
    • $1,400,000
      0.19 Acres

      Newport 10-Unit Apartment Complex

      Well-maintained 10-unit apartment complex in the heart of Newport.
      166 NE 8Th St, Newport, OR 97365
      View Details
    • $2,394,000
      6,505 SF

      Newport Commercial Investment Opportunity

      Turnkey restaurant, bar, parking lot, and two leased storefronts.
      426 NW Coast St, Newport, OR 97365
      View Details
    • $108,000
      0.06 Acres

      RV Lot in Pacific Shores Resort

      Premium RV lot with amenities and beach access.
      6225 N Coast Hwy, Newport, OR 97365
      View Details
    • New
      $575,000
      2,606 SF

      Historic Nye Beach Commercial Building

      Commercial building in historic Nye Beach with ocean views.
      727 NW 3Rd St, Newport, OR 97365
      View Details
    • $150,000

      Turnkey Pizza Restaurant in Newport

      Fully equipped pizza restaurant for sale in Newport, Oregon.
      130 NW 19Th St, Newport, OR 97365
      View Details
    • Contact for pricing

      Embarcadero Marina Boat Slip

      Privately owned 24' boat slip on Yaquina Bay.
      1000 SE Bay Blvd, Newport, OR 97365
      View Details
    • $599,000
      0.24 Acres

      Waterfront Property on Historic Bayfront

      Prime real estate on Newport's historic Bayfront with amazing views.
      837-855 SW Bay Blvd, Newport, OR 97365
      View Details
    • $496,000
      1,998 SF

      Highway 101 Office Space

      1900+ sqft office with parking on Highway 101.
      1112 SW Coast Hwy, Newport, OR 97365
      View Details
    • $579,000
      2,295 SF

      Newport Commercial Building with Views

      Commercial building in high-traffic area with ocean views.
      242 W Olive St, Newport, OR 97365
      View Details

    FAQs

    What type of property is this?
    Land - Prime C-1 Zoned Land, High Visibility
    Where is this land located?
    The property is located at 903/905 Coast Hwy Newport, OR.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: 1,742.4 SF commercial land parcel at 903/905 SW Coast Hwy, Newport, OR 97365.; Excellent Highway 101 frontage, high visibility, and accessibility.; C-1 zoning allows for retail and personal services.
    (541) 270-2484
    Request Owner's contact information
    903/905 Coast Hwy Newport, OR 97365
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    903/905 Coast Hwy
    Newport, OR 97365
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    903/905 Coast Hwy Newport, OR 97365
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.