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1006 SW Coast Hwy
Newport, OR 97365
Retail Property For Sale
Investment Highlights
- Located on Newport’s primary commercial corridor with strong visibility.
- Positioned near retail, dining, and waterfront attractions.
- Accessible from major routes along the Oregon Coast Highway.
- 2,798 SF of existing improvements suitable for multiple uses.
- High-traffic location with exposure to residents and tourists.
- Situated in a growing coastal community with year-round activity.
Executive Summary
This property at 1006 SW Coast Highway in Newport, Oregon, presents a unique investment opportunity along one of the city’s most traveled corridors. The site offers 2,798 square feet of existing improvements, positioned in a high-visibility location with strong traffic counts and convenient access to local amenities. Its placement along the Coast Highway ensures consistent exposure to both local residents and seasonal visitors, making it suitable for a variety of uses.Investors will appreciate the combination of location, accessibility, and adaptability, making this asset a compelling choice for those seeking a foothold in a dynamic coastal market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,798 SF
Building Class
C
Year Built
1973
Price
$999,999
Price Per SF
$357.40
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.21 AC
Zoning
C-1 - Commercial
Frontage
Property Taxes
| Parcel Number | R35378 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $498,130 |
Property Taxes
Parcel Number
R35378
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$498,130
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