316 SW Coast Hwy

316 SW Coast Hwy, Newport, OR 97365

  • For Sale $629,000
  • Property Type Other
  • Lot Size 0.11 Acre
  • Year Built 1962
  • Date Updated May 1, 2024
  • Website www.cbcworldwide.com
Great two-story commercial building in the heart of Newport with excellent visibility off Hwy 101 and yearly GROSS INCOME OF OVER $47,000. This large building features 3 separate bottom floor units which are being operated as a Mexican Store, meat market & retail store. The second story features 4 rented business spaces currently being utilized as a yoga studio, eBay store, massage studio and a meeting room. There's 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! Verify all planned usages with the City. DO NOT DISTURB THE TENANTS!!

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Highlights

  • Follow to the address, directly off of SW Coast Hwy.
  • Exterior Description: Other
  • Commercial - Newport, OR

Contacts

broker

Ryan Maddy

Coldwell Banker Professional Group

Location

Getting Around

  • Walk Score ®

    92/100 Walker's Paradise

  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Newport, OR
  • Zip Code 97365

Points of Interest

  • WCEH Newport

    0.08 miles

  • Chevron

    0.16 miles

  • Circle K

    0.26 miles

  • Towne Pump

    0.36 miles

  • Chevron

    0.52 miles

  • 76

    0.62 miles

  • South Beach Fuel Dock

    0.68 miles

  • Chevron

    1.03 miles

  • Carver's Chevron Service

    5.72 miles

  • Siletz Gas & Mini Mart

    9.01 miles

  • Public Parking

    0.38 miles

  • NOAA Boat Storage

    0.76 miles

  • HMSC public parking

    0.92 miles

  • USFWS

    1.07 miles

  • South Jetty Parking

    1.33 miles

  • Day Use Parking

    2.30 miles

  • Moolack Beach Access Parking

    4.71 miles

  • Toledo Park & Ride

    5.77 miles

  • Ocean View Wayside

    5.79 miles

  • Cirtis Street Parking

    8.73 miles

  • Newport City Center Motel

    0.22 miles

  • Days Inn

    0.24 miles

  • Green Gables Bed & Breakfast

    0.25 miles

  • Econo Lodge

    0.28 miles

  • Comfort Inn Newport

    0.31 miles

  • Rodeway Inn Newport

    0.33 miles

  • The Whaler

    0.34 miles

  • Shilo Inn

    0.37 miles

  • Elizabeth Street Inn

    0.37 miles

  • Shilo Inn Oceanfront Suites

    0.38 miles

  • Mazatlan

    0.06 miles

  • Pig N' Pancake

    0.15 miles

  • Zach's Bistro

    0.29 miles

  • Clearwater

    0.30 miles

  • Sail Inn Cafe

    0.31 miles

  • Lee's Wok Restaurant

    0.34 miles

  • Pacific Kitchen

    0.35 miles

  • Local Ocean Seafoods

    0.36 miles

  • Cafe Mundo

    0.36 miles

  • Mo's Annex

    0.37 miles

  • Nye Beach Montessori School

    0.25 miles

  • Carolyn Brown School

    0.32 miles

  • Newport High School

    0.68 miles

  • Yaquina View Elementary School

    0.71 miles

  • Yaquina View School

    0.72 miles

  • Sam Case Elementary School

    0.93 miles

  • Hatfield Marine Science Center

    0.94 miles

  • Isaac Newton Magnet School

    0.96 miles

  • Oregon State University Marine Science Center

    1.01 miles

  • Oregon Coast Community College: Central County Campus

    2.13 miles

  • CSC Lincoln County Head Start

    5.75 miles

  • Tenas Illahee Childcare Center

    8.74 miles

Frequently Asked Questions

What is the lease rate for 316 SW Coast Hwy?

Rental asking rate at 316 SW Coast Hwy is $314,500.00/YR.

When was this property built?

316 SW Coast Hwy was built in 1962.

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Contact Listing Broker

broker

Ryan Maddy

Coldwell Banker Professional Group