OR > Newport
Newport, OR 97365,754 SW COAST HWY
Newport, OR 97365,754 SW COAST HWY
Newport, OR 97365,754 SW COAST HWY
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Listed by Pacific Coast Real Estate & Development, LLC • 541-217-7710
$1,795,000
Est. payment /mo
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13,924 SqFt
Pending

754 SW COAST HWY Newport, OR 97365

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Whitney Johnson

Whitney Johnson

+1(509) 240-6438

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel Motel

Listing Status Pending

Purchase Type For Sale

Square Footage 13,924 sqft

Price per Sqft $128

MLS Listing ID 797570038

Year Built 1947

Annual Tax Amount $20,753

Tax Year 2024

Lot Size 0.760 Acres

Property Sub-Type Hotel Motel

Property Description

Newport Bay Motel – Ocean Views | 37 Units | Excellent Location | CASH ONLYIncredible investment opportunity on the central Oregon Coast. The Newport Bay Motel occupies a full city block in a highly visible, high-traffic area of Newport. This 37-unit property includes 12 standard motel rooms and 4 larger motel rooms. There are 8 apartment-style units with full kitchens and one or two bedrooms, located on the south side's first and second floors—some offering peek-a-boo ocean views. Additionally, the ground level features 12 spacious apartment units, each with a full kitchen, large living room, bathroom, and bedroom. Some of these units have already been renovated, while others are mid-renovation. On the north side, there is a large two-bedroom unit with an attached garage. Seven individual garages sit beneath the southside apartments along Case Street.The location is truly exceptional. This property is bordered by Hwy 101 (Coast Highway), Case Street, 7th Street, and Abbey Street. Dutch Bros Coffee is next door, the brand-new hospital is directly across the street, and the beach and ocean are just a few blocks away. The elevated position of the building provides select units with ocean views and coastal breezes, making this a desirable place to stay or invest.This is a distressed receivership sale and will be accepting cash offers only. Financed offers will not be considered. No financial documents are available—there is no rent roll, P&L, lease agreements, or deposit records. Interior access is not available until an offer has been accepted. This is an as-is sale, and buyers are urged to conduct exterior drive-bys only. Do not disturb tenants under any circumstances.Opportunities like this are rare—own an entire block in one of the Oregon Coast's most sought-after towns, just steps from the beach and key local amenities. With vision and capital, this property has outstanding redevelopment or income potential.

Location

State OR

County Lincoln

Area _200

Zoning C

Interior

Heating Wall Heater, Zoned

Cooling Other

Equipment Furniture

Exterior

View City, Ocean

Roof Type Composition,Membrane

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Others

Acceptable Financing Cash

Listing Terms Cash

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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