316 SW Coast Hwy

For Sale

316 SW Coast Hwy, Newport, OR 97365

This Newport property for sale is located at 316 SW Coast Hwy. The current listed sale price for 316 SW Coast Hwy is $629,000. 316 SW Coast Hwy is situated on a lot that is 0.11 acre in size.

Contacts

broker

Ryan Maddy

Coldwell Banker Professional Group

Property Details

  • Property Type Other
  • Lot Size 0.11 Acre
  • Additional Rent Contact for pricing
  • Year Built 1962
  • Date Updated Nov 21, 2024
Great two-story commercial building in the heart of Newport with excellent visibility off Hwy 101 and yearly GROSS INCOME OF OVER $47,000. This large building features 3 separate bottom floor units which are being operated as a Mexican Store, meat market & retail store. The second story features 4 rented business spaces currently being utilized as a yoga studio, eBay store, massage studio and a meeting room. There's 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! Verify all planned usages with the City. DO NOT DISTURB THE TENANTS!!

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Highlights

  • Follow to the address, directly off of SW Coast Hwy.
  • Exterior Description: Other
  • Commercial - Newport, OR

Getting around

  • 92/100

    Walk Score ®

  • 48/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Newport, OR
  • Zip Code 97365

Points of Interest

  • WCEH Newport

    0.07 miles

  • Chevron

    0.16 miles

  • Circle K

    0.26 miles

  • Towne Pump

    0.36 miles

  • 76

    0.62 miles

  • South Beach Fuel Dock

    0.68 miles

  • Fred Meyer Fuel Center

    0.93 miles

  • ChargePoint

    0.94 miles

  • VP Racing Fuels

    1.03 miles

  • Tesla Supercharger

    1.36 miles

  • Public Parking

    0.38 miles

  • NOAA Boat Storage

    0.76 miles

  • HMSC public parking

    0.92 miles

  • USFWS

    1.07 miles

  • South Jetty Parking

    1.33 miles

  • Day Use Parking

    2.30 miles

  • Moolack Beach Access Parking

    4.71 miles

  • Toledo Park & Ride

    5.77 miles

  • Ocean View Wayside

    5.79 miles

  • Newport City Center Motel

    0.22 miles

  • Days Inn

    0.24 miles

  • Green Gables Bed & Breakfast

    0.25 miles

  • Econo Lodge

    0.28 miles

  • Comfort Inn Newport

    0.31 miles

  • Rodeway Inn Newport

    0.33 miles

  • The Whaler

    0.34 miles

  • Shilo Inn

    0.37 miles

  • Elizabeth Street Inn

    0.37 miles

  • Shilo Inn Oceanfront Suites

    0.38 miles

  • Oceana Natural Foods

    0.26 miles

  • McKay's

    0.27 miles

  • Cash & Carry

    0.51 miles

  • Grocery Outlet

    0.53 miles

  • US Market

    0.99 miles

  • Fred Meyer

    1.23 miles

  • Safeway

    1.30 miles

  • Walmart Supercenter

    1.58 miles

  • Toledo Food Fair

    5.70 miles

  • J C Thriftway Market Toledo

    6.11 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Ryan Maddy

Coldwell Banker Professional Group