Skip To Content
Listing provided courtesy of COLDWELL BANKER PROFESSIONAL GROUP: 503-538-0468.

316 SW Coast

Newport, OR 97365
  • $599,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 824641
UPDATED: 16 min ago
$599,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,344
    SQFT
  • $72
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1962
County:

School Ratings & Info

Listing provided courtesy of COLDWELL BANKER PROFESSIONAL GROUP: 503-538-0468. Listing information © 2025 Willamette Valley Multiple Listing Service



Description

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

Monthly Payment Calculator



Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-03-23T10:08:57.56.
www.suelongrealty.com/homes/159623423
Print Image

316 SW Coast Newport, OR 97365

  • Price: $599,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 16 min ago
  • MLS #: 824641
0
Beds
0
Baths
0
½ Baths
0.11
Acres
8,344
SQFT
$72
$/SQFT
1962
Built
Neighborhood:
Os Outside 4 County Area
County:
Lincoln
Area:
Os Outside 4 County Area
Property Description
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
Exterior Features

Access 4-Wheel Drive Recommended Siding Brick

Interior Features

Heating ElectricWall FurnaceZonal

Property Features

Adjusted Gross Income 30600 Commercial Type Retail Cross Street Hwy 101 Gross Sched Income 42000 New Construction No Sewer City Source Of Square Feet Owner Tax Amount 6512 Tax Years 2025 Tenancy Multiple Terms Seller Will Consider CashConventional Total Expenses 11400 Water City Zoning C-1

© 2025 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-03-23T10:08:57.56.
 
https://bt-photos.global.ssl.fastly.net/salem/1280_boomver_1_824641-2.jpg https://bt-photos.global.ssl.fastly.net/salem/1280_boomver_1_824641-2.jpg https://bt-photos.global.ssl.fastly.net/salem/1280_boomver_1_824641-2.jpg
Logo
Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of COLDWELL BANKER PROFESSIONAL GROUP: 503-538-0468. Listing information © 2025 Willamette Valley Multiple Listing Service