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Executive Summary

Newport Bay Motel is a 37-unit limited-service lodging property on US Highway 101 in the heart of Newport, on Oregon’s central coast. The L-shaped, wood-frame building offers roughly 300 feet of highway frontage and a diversified unit mix — standard motel rooms alongside apartment-style units with full kitchens suited to weekly, monthly, and extended-stay occupancy. Amenities include a guest lobby, on-site guest and commercial laundry, and a manager’s unit. Recently acquired out of bank-owned distress, the property is offered as a value-add opportunity. Detailed operating financials are not available; buyers should underwrite on the strength of the real estate, location, and unit mix.

Property Facts

Price $2,200,000
Price Per Room $59,459
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.76 AC
Building Size 13,924 SF
No. Rooms 37
No. Stories 2
Year Built/Renovated 1947/2006
Parking Ratio 2.44/1,000 SF
Corridor Exterior
Zoning C-1 - General Commercial

Amenities

  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 37 $68.00 -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
R241386
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,184,650
  • Listing ID: 41144263

  • Date on Market: 7/2/2026

  • Last Updated:

  • Address: 754 SW Coast Hwy, Newport, OR 97365

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