OR > Newport
Newport, OR 97365,426 NW ,501, 515 COAST ST
Newport, OR 97365,426 NW ,501, 515 COAST ST
Newport, OR 97365,426 NW ,501, 515 COAST ST
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Listed by Taylor & Taylor Realty Co. • 541-994-9111
$2,849,000
Est. payment /mo
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6,505 SqFt
Active

426 NW , 501, 515 COAST ST Newport, OR 97365

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Whitney Johnson

Whitney Johnson

+1(509) 240-6438

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,505 sqft

Price per Sqft $437

MLS Listing ID 766799633

Year Built 1974

Annual Tax Amount $11,788

Tax Year 2024

Lot Size 0.690 Acres

Property Sub-Type Commercial

Property Description

Prime commercial investment opportunity in the Nye District. Formerly operating as ''The Taphouse,'' this fully equipped restaurant and bar 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!

Location

State OR

County Lincoln

Area _200

Zoning C2

Interior

Heating Forced Air

Cooling None

Equipment Fixtures, Furniture

Exterior

View Ocean

Roof Type BuiltUp

Garage No

Building

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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agent

Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

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