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$2,375,000
388 Days On Site

426, 501, 515 NW Coast Street
Newport, OR 97365

For Sale|Commercial Sale|Active
0
Beds
2
Total Baths
6,505
SqFt
$365
/SqFt
1974
Built
Subdivision:
Nye & Thompson
County:
Lincoln
Call Now: (541) 270-2814
Is this the listing for you? We can help make it yours.
(541) 270-2814
426, 501, 515 NW Coast Street426, 501, 515 NW Coast Street426, 501, 515 NW Coast Street426, 501, 515 NW Coast Street
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Monthly Payment (Est.)

$10,836
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Brand new PVC membrane roofs are being installed, and the former restaurant and taphouse is undergoing a full professional deep cleaning! The price has been slashed, and the seller is motivated; bring an offer! Prime commercial investment opportunity in the Nye District. A former restaurant and bar, this property is fully equipped and is ready for its next chapter, offering an incredible investment opportunity. The sale includes all existing furnishings, fixtures, and equipment, making it a turnkey space for a new concept. Located in a high-foot-traffic area near beach access, this property benefits from a steady flow of locals and tourists alike. In addition to the restaurant/bar space, the sale includes an additional parking lot and two commercial storefronts. Both storefronts are currently leased, providing immediate rental income. The sale for the storefronts is for the real estate only, not the existing businesses. Take advantage of this opportunity today!

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Listing Snapshot
Price 
$2,375,000
Days On Site 
388 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,505 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.69 Acres
Year Built 
1974
MLS® Number 
LC-103016
Status 
Active
Property Tax 
$12,328.71
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoPrice changed to $2,375,000
2 months agoListing updated with changes from the MLS®
a year agoStatus changed to Active
a year agoListing first seen on site
General Features
Acres 
0.69
Cross Street 
Olive
Foundation 
Slab
Levels 
One
Parking Spaces 
34
Sewer 
Public Sewer
SqFt Total 
6505
Utilities 
Electricity ConnectedNatural Gas ConnectedWater Available
Water Source 
Public
Zoning 
C-2 General Commercial
Interior Features
Appliances 
Water HeaterRefrigerator
Flooring 
Other
Furnished 
Furnished
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Exterior Features
Construction Details 
Concrete
Other Structures 
None
Roof 
Built-Up
Community Features
Financing Terms Available 
1031 ExchangeCashConventional
Roads 
Paved
Listing courtesy of Dennis M Regen of Taylor & Taylor Realty Company (541) 994-4169

Listing information is provided by Participants of the Oregon Coast MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Oregon Coast MLS.
Last checked 2026-03-02 09:50 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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