Property profile & analytics
1118 Canyon Way Newport, OR 97365
- Turn key restaurants
- 4,932 SF
- 0.27 lot acres
For Sale
View listing
$1,800,000
Value Estimation
Location Intelligence
Property ID
US71-1420924
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- The Anchor @ Newport Brewing Company / Restaurant
- Newport Brewing Company / Brewery
Property Details for 1118 Canyon Way
- Year built
- 2017
- Lot size
- 0.27 lot acres
- Property size
- 4,932 SF
- Zone code
- C-1;COMMERCIAL
- Property type
- Turn key restaurants
- APN
- 11-11-08-BD-16500-00
- APU
- 111108BD1650000
Description
This exceptional fee-simple property, located at 1118 SW Canyon Way in Newport, Oregon's historic bayfront district, presents a lucrative investment opportunity. The 2019-built, 5,000 square foot commercial building sits on a substantial 23,522.4 square foot lot and boasts a long-term tenant, a thriving brewery and restaurant, generating a gross annual income of $120,000. The property includes four bayview lots and ample parking for 21 vehicles. The sale includes the land and building only
Value Estimation
Powered by Realmo proprietary methodology
Last update: July 3, 2025
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.056
- Latitude
- 44.6313
- CBSA code
- 35440
- CBSA name
- NEWPORT, OR MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,180
$0.00
$0.00
$616,040
-
$201,550
$831,810
$1,033,360
