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Listed by Taylor & Taylor Realty Co. • 541-994-9111
$1,200,000
Est. payment /mo
2,798 SqFt
New
1006 SW COAST HWY Newport, OR 97365
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Key Details
Property Type Commercial
Sub Type Income
Listing Status Active
Purchase Type For Sale
Square Footage 2,798 sqft
Price per Sqft $428
MLS Listing ID 292827109
Year Built 1973
Annual Tax Amount $8,208
Tax Year 2024
Lot Size 9,147 Sqft
Property Sub-Type Income
Property Description
Prime commercial real estate opportunity located directly on SW Coast Highway 101 in the heart of Newport. This property offers outstanding visibility in a high traffic corridor, ensuring strong exposure to both local residents and the steady flow of tourists that visit the Central Oregon Coast. This versatile building features generous interior space and a flexible layout, making it well suited for a wide range of commercial uses—currently operating as a successful restaurant. The site includes 13 off street parking spaces, providing convenient access for customers and staff alike. With its prominent frontage, solid footprint, and high visibility, the property presents a rare opportunity for entrepreneurs, investors, and business owners looking to secure a prime location.Only the real estate is for sale; the business is not included. The seller will provide a list of included furniture, fixtures, and equipment (FFE) upon request.Shown by appointment only. Financials available to qualified buyers.
Location
State OR
County Lincoln
Area _200
Zoning C1
Interior
Heating Forced Air90
Cooling Central Air
Equipment Fixtures
Exterior
View Ocean
Roof Type Composition
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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