316 Sw Coast Hwy, Newport, Oregon 97365

OR, Newport
$514,990
  • 0.11 Acre
  • Commercial Sale Property Type
  • 1962 Year Built
  • Active Status
Steven M
Steven M Realtyna
  • (302) 525 8222
  • (302) 525 8222
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
  • (302) 525 8222
Property Description

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.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 106917442
  • Price: $514,990
  • Year Built: 1962
  • Lot Area: 0.11 Acre
  • Status: Active
  • Office Name: Coldwell Banker Professional
  • Agent Name: Lucinda Hage
  • Property Sub Type: Commercial
  • Roof: Flat,Membrane
Features
  • Heating System Zoned,Wall Furnace
  • Sewer Public Sewer
Address Map
  • Country US
  • State OR
  • County Lincoln
  • City Newport
  • Zipcode 97365
  • Street: Coast Hwy
  • Street Number: 316
  • Longitude: W125° 56' 38.2''
  • Latitude: N44° 38' 1.8''
  • Street Dir Prefix: SW
  • Zoning: C-1
  • Mls Area Major: _200
Additional Information
  • Stories: 2
  • Water Source: Public Water
  • Building Size: 8344
  • Construction Materials: Brick
  • Current Use: Office,Grocery
  • On Market Date: 2025-01-21
  • Previous Price: 524900
Financial
  • Tax Annual Amount: 6511.65
Listing Information
  • Status Change Timestamp: 2026-02-18T15:31:43Z
  • List Agent Mls Id: HAGEL
  • List Office Mls Id: CBPG10
  • Listing Term: Cash, Conventional
  • Mls Status: Active
  • Modification Timestamp: 2026-02-18T23:31:43Z
  • Originating System Name: RMLS
10°C Newport
Thursday, 5 March Mist 9 / 11
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