1006 SW COAST HWY Newport, OR $ 1,200,000
1006 SW COAST HWY
$ 1,200,000
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1006 SW COAST HWY

Newport, OR, 97365
$ 1,200,000
Bedrooms-- Baths-- Sq 2,798
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Property for Rent in Newport, OR

for $1,200,000. This 2,798 square foot property was built in 1973 on a lot size of 0.21.

Prime commercial real estate opportunity located directly on SW Coast Highway 101 in the heart of Newport. This property offers outstanding visibility in a high traffic corridor, ensuring strong exposure to both local residents and the steady flow of tourists that visit the Central Oregon Coast. This versatile building features generous interior space and a flexible layout, making it well suited for a wide range of commercial uses—currently operating as a successful restaurant. The site includes 13 off street parking spaces, providing convenient access for customers and staff alike. With its prominent frontage, solid footprint, and high visibility, the property presents a rare opportunity for entrepreneurs, investors, and business owners looking to secure a prime location.Only the real estate is for sale; the business is not included. The seller will provide a list of included furniture, fixtures, and equipment (FFE) upon request.Shown by appointment only. Financials available to qualified buyers.

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Rental Active

Price

$ 1,200,000

Taxes

$ 8,912

Style

Income

Lot Size

0.21

Year Built

1973

Town/City

Newport

County/Region

Lincoln

MLS | Web ID

292827109

Features
General
Sewer PublicSewer
Heating ForcedAir90
Cooling CentralAir
Roof Composition
Zoning C1
Construction Materials LapSiding
Year Built 1973
Sale Includes Equipment
Stories Count 1
Property Subtype Income
Tax Year 2025
Current Use Restaurant
Parcel Number R35378
Gross Income 0
Business Name Not included
County Lincoln
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions Located in Southern Newport near the Yaquina Bay bridge. Property is located on the west side of Hig
City Newport
MLS Area _200
Lot Size Square Feet 9147.0
Listing Terms Cash Conventional
Tax Annual Amount 8912.7
Property Condition UpdatedRemodeled
Lease Type None
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PROPERTY ID R35378 BAYLEY AND CASES THIRD ADDN. BLOCK 91 LOT 3
Year Established 2024
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Exterior
Parking Features OnSite
Water Source PublicWater
Total Parking 10.0
Number of Buildings 1
Building Area Total 2798.0
Lot Size Acres 0.21
Road Surface Type Paved
Other Equipment Fixtures
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Internal Only
Street Number 1 1006
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* Excluded Features
List By
Taylor & Taylor Realty Co.

Broker

541-994-9111

Contact

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/9/2025$1,200,000 Listed Price

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1006 SW COAST HWY, Newport, OR, 97365 is a Property for Rent at $1,200,000 with 2,798 sqft and a lot size of 0.21. 1006 SW COAST HWY was built in 1973. The property's zip code is 97365 which is in Newport, OR