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Commercial > Retail
Active
3 weeks ago
List Price
$599,000$72/ft²

316 Coast Hwy
Newport, OR 97365

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  • 316 Coast Hwy, Newport, OR 97365 is a 8,344 ft² commercial retail property property built in 1962 on a 0.110 acre lot with 8 construction permits. This commercial retail property is currently for sale for $599,000.

    MLS Description

    The listing agent's description. Original Listing

    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.

    Listing Agents

    The listing agent for 316 Coast Hwy is Lucinda Hage.

    Permits

    316 Coast Hwy has 8 permit records.

    Permit History
    8
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    316 Coast Hwy has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 316 Coast Hwy

    School Information

    Public/private schools serving 316 Coast Hwy

    Neighborhood

    This property is located in Deco District, Newport, OR 97365.

    Market Trends

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    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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