316 SW Coast Hwy

316 SW Coast Hwy, Newport, OR 97365

  • For Sale $599,000
  • Property Type Other
  • Property Size 8,344 SF
  • Lot Size 0.11 Acre
  • Year Built 1962
  • Date Updated Feb 24, 2025
Great two-story commercial building in the heart of Newport with excellent visibility off Hwy 101 and yearly GROSS INCOME OF $42,000. This large building features 3 separate bottom floor units which are currently being operated as a Mexican Store, meat market & retail store. The second story features 4 rentable business spaces with 2 currently being utilized as a yoga studio and a meeting room. There's a 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! Buyers to perform all due diligence and verify all planned usages with the City. DO NOT DISTURB THE TENANTS.
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Highlights

  • Hwy 101 to the address, located right off of Hwy 101.
  • Heating - Fuel Type: Other
  • Heating Type: Other
  • Commercial - Newport, OR

Location

Getting Around

  • Walk Score ®

    92/100 Walker's Paradise
  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

How much does 316 SW Coast Hwy cost?

The space currently listed for sale at 316 SW Coast Hwy asks for $599,000.

What is the total square footage of 316 SW Coast Hwy?

316 SW Coast Hwy totals 8,344 square feet.

When was this property built?

316 SW Coast Hwy was built in 1962.

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