1118 SW Canyon Way Newport, OR 97365
Bay and bridge view property with multiple development opportunities.
Type:Retail
Property size:
5,288 SF- Added:
- Apr 21, 2021
- Days on Market:
- 1824
- Last Refresh:
- Mar 23 at 8:07 pm
Property Features for 1118 SW Canyon Way
General Information
- Standard status
- Active
- Size
- 5,288 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2019
Listing agent Brodie Becksted License #OR
Listing office Equity Plus Real Estate
Listing date Apr 21, 2021
Source Crexi
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 Equity Plus Real Estate
Overview
Oregon Coast Investment Opportunity
This property presents an investment opportunity on the Oregon Coast, featuring views of the bay and bridge. The existing 5200 square foot building is complemented by a newly constructed covered patio. The upper parking lot provides 10 off-street parking spaces. Infrastructure has been recently installed in the lower parking lot, including underground water, sewer, and power, with individual pedestals to accommodate 7 food trucks or RVs. Conditional use approval has been granted for the property to operate as a food truck pod. The property is currently set up for a brewery or restaurant. A 2023 appraisal valued the property at $2,250,000.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
The Anchor @ Newport Brewing ...
Restaurant
Newport Brewing Company
Production Facility
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.055385
- Latitude
- 44.629985
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Bay and bridge view property with multiple development opportunities.
Where is this restaurant located?
The property is located at 1118 SW Canyon Way Newport, OR.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Investment opportunity with conditional use approval for a 7‑space food truck/RV pod with new underground infrastructure (water/sewer/power).; Bay and Bridge views on the Oregon Coast.; Existing 5200 sq. ft. building currently set up for Brewery/Restaurant.
