Newport OR Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- 4,692
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.68 Acres
- Year built:
- 1970
- Baths:
- MLS#:
- 727523554
View additional info
Courtesy: Coldwell Banker Professional
503-538-0468
ADDITIONAL INFORMATION
This commercial building located at Agate Beach in Newport offers flexibility of use with a wide-open floor plan. It is completely renovated with a Ductless heating system, LED lighting and updated plumbing and electric service. Convenient access from Hwy 101 at the Yaquina Lighthouse stop light offers ease for entering and exiting the highway. The property has Highway 101 frontage with white water ocean views and a large deck on the west side. There are 2 commercial garage doors with a loading dock, 2 ADA Bathrooms, a utility room, an office and 2 changing rooms. Parking includes 12 paved spaces and 6 additional parking spots including ADA. 3 Food Truck spaces have been approved by the city. There is a separate address and electrical service for the food trucks. Engineered plans to add units on top of the current building up to 50' height and blueprints for a commercial/residential unit next to the current building are both available.
$2,899,000
426 NW ,501, 515 COAST St Newport, OR 97365
- Type:
- General Commercial
- Sq.Ft.:
- 6,505
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.69 Acres
- Year built:
- 1974
- Baths:
- MLS#:
- 766799633
View additional info
Courtesy: Taylor & Taylor Realty Co.
541-994-9111
ADDITIONAL INFORMATION
Prime commercial investment opportunity in the Nye District. Formerly operating as ''The Taphouse,'' this fully equipped restaurant and bar is ready for its next chapter, offering an incredible investment opportunity. The sale includes all existing furnishings, fixtures, and equipment, making it a turnkey space for a new concept. Located in a high-foot-traffic area near beach access, this property benefits from a steady flow of locals and tourists alike. In addition to the restaurant/bar space, the sale includes an additional parking lot and two commercial storefronts. Both storefronts are currently leased, providing immediate rental income. The sale for the storefronts is for the real estate only, not the existing businesses. Take advantage of this opportunity today!
$599,000
SW Coast Newport, OR 97365
- Type:
- Retail
- Sq.Ft.:
- 8,344
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Baths:
- MLS#:
- 824641
ADDITIONAL INFORMATION
Great two-story commercial building in the heart of Newport with excellent visibility off Hwy 101 and yearly GROSS INCOME OF $42,000. This large building features 3 separate bottom floor units which are currently being operated as a Mexican Store, meat market & retail store. The second story features 4 rentable business spaces with 2 currently being utilized as a yoga studio and a meeting room. There's a huge opportunity to increase total income by renting out several other spaces that aren't being utilized
- Type:
- General Commercial
- Sq.Ft.:
- 8,344
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- 106917442
View additional info
Courtesy: Coldwell Banker Professional
503-538-0468
ADDITIONAL INFORMATION
Great two-story commercial building in the heart of Newport with excellent visibility off Hwy 101 and yearly GROSS INCOME OF $42,000. This large building features 3 separate bottom floor units which are currently being operated as a Mexican Store, meat market & retail store. The second story features 4 rentable business spaces with 2 currently being utilized as a yoga studio and a meeting room. There's a huge opportunity to increase total income by renting out several other spaces that aren't being utilized and with C-1 zoning, it allows for a wide range of usages. This centrally located building is close to the hospital, the Bayfront, restaurants, shopping, the ocean and much more! Buyers to perform all due diligence and verify all planned usages with the City. DO NOT DISTURB THE TENANTS.
Newport Real Estate
The median home value in Newport, OR is $455,000. This is higher than the county median home value of $446,400. The national median home value is $338,100. The average price of homes sold in Newport, OR is $455,000. Approximately 47.87% of Newport homes are owned, compared to 33.32% rented, while 18.81% are vacant. Newport real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newport real estate agent to arrange a tour today!
Newport, Oregon 97365 has a population of 10,305. Newport 97365 is more family-centric than the surrounding county with 19.22% of the households containing married families with children. The county average for households married with children is 18.44%.
The median household income in Newport, Oregon 97365 is $52,897. The median household income for the surrounding county is $54,961 compared to the national median of $69,021. The median age of people living in Newport 97365 is 47.9 years.
Newport Weather
The average high temperature in July is 68.5 degrees, with an average low temperature in January of 39.6 degrees. The average rainfall is approximately 76.9 inches per year, with 0.7 inches of snow per year.