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    Newport, OR
    Parking & Garage

    Newport, OR Parking Lots & Garages for Sale

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    Toledo, OR Otter Rock, OR Seal Rock, OR Siletz, OR Depoe Bay, OR Waldport, OR Logsden, OR Blodgett, OR
    Restaurant Property With Storefronts
    Updated: Feb 7, 2025
    Restaurant Property With Storefronts

    426, 501, 515 NW Coast Street, Newport, OR 97365

    $2,349,000
    6,505 sqft 0.69 AC lot
    6,505‑square‑foot restaurant and bar building on 0.69 acres
    Two commercial storefronts are currently leased
    Sale includes existing restaurant furnishings, fixtures, and equipment
    New PVC membrane roof installed on all buildings
    C‑2 General Commercial zoning
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    This listing looks promising.

    Here's a quick look at some key insights for

    426, 501, 515 NW Coast Street, Newport, OR 97365

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    • Est. Cap Rate

      3.4%
      NOI ÷ price

    • Est. NOI

      $79K
      Annual

    • Mortgage

      $1.6M
      Jul 2018

    • Property Type

      Commercial (General)
      Built 1800
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Newport, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Redevelopment Site in Portland
    Prime Redevelopment Site in Portland

    550 Northwest 6th Avenue, Portland, OR 97209

    Contact for pricing
    37,983 sqft 2.08 AC lot

    2.08-acre redevelopment site with access to public transit.

    View details
    Downtown Commercial Land
    Downtown Commercial Land

    4000-969 Sw 2nd Ave, Portland, OR 97204

    $3,500,000

    Parcel currently operates as a surface parking lot with plans for a food cart pod on the unused portion.

    View details
    Highway Frontage Truck Facility Site
    Highway Frontage Truck Facility Site

    1220-1246 NE Highway 101, Lincoln City, OR 97367

    Contact for pricing

    Improved property with 211 feet of Highway 101 frontage, previously used as a truck rental and used car lot.

    View details
    Former Bank Parking Lot
    Former Bank Parking Lot

    740 Main St, Klamath Falls, OR 97601

    Contact for pricing

    Former bank parking lot available for sale on Main St.

    View details

    Newport, OR Parking Lots & Garages Market Trends and Statistics

    Explore 1 parking lots & garages for sale in Newport, OR on our real estate platform. These investment opportunities span a total of 6,505 square feet of properties for sale, with an estimated market value of $2,349,000.

    Sale prices for parking garages in Newport, OR average $2,349,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Land 58
    Residential land & home lots 27
    Commercial land 16
    Office Spaces 12
    Retail properties & Spaces 11

    Demographics Overview

    Population 13K
    Population Growth (5Y) +13.0%
    Median Household Income $64,477
    College Educated 46.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.80%
    Property Tax per SF $6.54 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

    Total CRE Inventory on Market (SF)

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