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Canyon Way
Newport, OR 97365
Newport Brewing Company · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New Construction with 2 year old Brewery & Restaurant
  • Growing business and brand through distribution
  • High Traffic area located in the Historic Bayfront District

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
B
Year Built/Renovated
2019/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.31 AC
Zoning
C-1 - Allows for Restaurant Use as outright use, brewery is conditional with retail use on site.
Parking
40 Spaces (4.2 Spaces per 1,000 SF Leased)
Frontage
148’ on Southwest Canyon Way

ABOUT CANYON WAY , NEWPORT, OR 97365

BRAND NEW very fast growing Brewing Company & Restaurant / Tap Room located in the Historic Bayfront District of Newport, Oregon. Custom built facility with capacity of 120 occupants & 21 parking spaces spanning on 4 bay & bridge view tax lots. Includes all Real Estate, Equipment, Fixtures, etc. Includes all rights to Newport Brewing Company and the Anchor Restaurant, which includes trademarks on all beers, company names and distribution contracts. Currently located in approx. 200 stores & establishments across the state of Oregon and continuing to grow at a very fast pace. Custom Portland Kettle Works brewing system and lots of stainless throughout building. Business will grow 10%+ year to year over the next 10 years. Seller is a licensed Real Estate Broker in the State of Oregon.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R225146
  • R272365
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$675,870
  • Listing ID: 24234782

  • Date on Market: 10/6/2021

  • Last Updated:

  • Address: Canyon Way, Newport, OR 97365

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