701 NW Beach DR, Newport, OR 97365
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701 NW Beach DR, Newport, OR 97365
701 NW Beach DR, Newport, OR 97365
701 NW Beach DR, Newport, OR 97365
701 NW Beach DR, Newport, OR 97365
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James Hauge

James Hauge

+1(503) 877-2101
$ 1,650,000
Est. payment /mo
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Active

701 NW Beach DR Newport, OR 97365

4 Baths

5,115 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,115 sqft

Price per Sqft $322

MLS Listing ID 26-1281

HOA Y/N No

Year Built 2007

Annual Tax Amount $12,331

Tax Year 2025

Lot Size 5,227 Sqft

Acres 5227.2

Property Sub-Type Retail

Source Oregon Coast Multiple Listing Service

Property Description

Located in the heart of Newport's historic Nye Beach district, Archway Place is a rare investment opportunity featuring eight ground-floor commercial condominiums totaling 5,115 SF within a well-maintained mixed-use building built in 2007. The property is 100% occupied with a stable mix of local retail tenants and offers strong in-place cash flow. Zoned C-2 (Tourist Commercial), the property benefits from exceptional pedestrian exposure near beach access, dedicated onsite parking, and strong synergy between neighboring businesses in one of the Oregon Coast's most popular tourist destinations. Residential condominiums above are not included in the sale. Tenant businesses are not for sale.

Location

State OR

County Lincoln

Zoning C-2 General Commercial

Direction Head west on NW Olive St. Take a right on NW Coast St.

Interior

Cooling Electric

Exterior

Garage Spaces 8.0

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Total Parking Spaces 8

Garage Yes

Building

Story 1

Foundation Permanent, Slab

Water Public

Level or Stories 1

Others

Tax ID 111105CC-88005-00

Special Listing Condition Standard

Lincoln County MLS Oregon / OREGON COAST MLS
Listed by Advantage Real Estate

NEARBY SCHOOLS & PROPERTIES

James Hauge

James Hauge

Principal Broker | License ID: 200107093

+1(503) 877-2101

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