144 Coast St Newport, OR 97365

This exceptional 2,792 square foot building, situated on a 3,484.8 square foot lot in Newport, Oregon's desirable Nye Beach area, presents a unique investment opportunity. Built in 1900 and zoned C-2 General Commercial, this property offers a multitude of potential uses. Currently configured as a mixed-use space, it includes a two-bedroom, one-bathroom apartment on the top floor boasting hardwood floors, mahogany cabinets, and a deck with stunning Yaquina Head lighthouse and ocean views. The main floor features office space and a kitchen, currently used for educational purposes, while the lower level serves as a preschool. Each level benefits from its own separate entrance. Recent upgrades include a new roof installed in 2021. The property's prime location offers easy access to the Performing Arts Center, a city park, Nye Beach's vibrant shops and restaurants, and several beach access points. This versatile property is ideal for a variety of commercial ventures, offering a blend of historical charm and modern convenience. The asking price is $765,000.