OR > Newport > Bayley And Case'S
Newport, OR 97365,316 SW Coast Hwy
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Newport, OR 97365,316 SW Coast Hwy
Newport, OR 97365,316 SW Coast Hwy
Newport, OR 97365,316 SW Coast Hwy
Newport, OR 97365,316 SW Coast Hwy
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James Hauge

James Hauge

+1(503) 877-2101
$ 549,000
Est. payment /mo
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Price Dropped by $30K

316 SW Coast Hwy Newport, OR 97365

7 Baths

8,344 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,344 sqft

Price per Sqft $65

Subdivision Bayley And Case'S

MLS Listing ID 25-102

HOA Y/N No

Originating Board Lincoln County Board of REALTORS® MLS (OR)

Year Built 1962

Annual Tax Amount $6,511

Tax Year 2025

Lot Size 4,791 Sqft

Acres 4791.6

Property Sub-Type Commercial

Property Description

Great two-story commercial building in the heart of Newport w/ excellent visibility off Hwy 101 and yearly GROSS INCOME of 37,500. 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 w/ 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!

Location

State OR

County Lincoln

Area Newport/South Beach

Zoning C-1 Commercial

Direction Hwy 101 to the address, located right off of Hwy 101.

Rooms

Other Rooms None

Interior

Heating Electric, Wall Furnace

Flooring Other, Carpet, Vinyl

Exterior

Utilities Available Natural Gas Available

Waterfront Description None

View None

Roof Type Flat,Membrane

Garage No

Building

Foundation Concrete Perimeter

Water City

Others

Tax ID 111108BD-6100-00

Lincoln County MLS Oregon / OREGON COAST MLS
Listed by Coldwell Banker Professional Group - Lincoln City
agent

James Hauge

Principal Broker | License ID: 200107093

+1(503) 877-2101

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