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Listing provided courtesy of WINDERMERE WILLAMETTE VALLEY: 541-754-6101.

644 S Coast

Newport, OR 97365
  • $2,070,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 839432
UPDATED: 74 min ago
$2,070,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,400
    SQFT
  • $220
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1985
County:

School Ratings & Info

Listing provided courtesy of WINDERMERE WILLAMETTE VALLEY: 541-754-6101. Listing information © 2026 Willamette Valley Multiple Listing Service



Description

Introducing The Driftwood, a premier multi-tenant, turn-key investment opportunity offering spectacular ocean views. Strategically positioned along Highway 101, directly across from Good Samaritan Hospital and near the iconic Hallmark Inn, this coastal property features about 9,400 square feet on 0.40 acres, and about 24 surface parking spaces. The practical footprint is ideal for professional services, medical offices, or neighborhood retail. Zoned C-1, the existing multi-tenant layout offers flexible occupancy options-whether leasing individual suites or converting to a single owner-user. The Driftwood delivers strong appeal for both passive investors seeking reliable cash flow & and owner-users looking for a distinctive, high-visibility location.

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Willamette Valley MLS logo © 2026 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: 2026-06-11T08:08:42.577.
www.suelongrealty.com/homes/175893421
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644 S Coast Newport, OR 97365

  • Price: $2,070,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 74 min ago
  • MLS #: 839432
0
Beds
0
Baths
0
½ Baths
0.4
Acres
9,400
SQFT
$220
$/SQFT
1985
Built
Neighborhood:
Os Outside 4 County Area
County:
Lincoln
Area:
Os Outside 4 County Area
Property Description
Introducing The Driftwood, a premier multi-tenant, turn-key investment opportunity offering spectacular ocean views. Strategically positioned along Highway 101, directly across from Good Samaritan Hospital and near the iconic Hallmark Inn, this coastal property features about 9,400 square feet on 0.40 acres, and about 24 surface parking spaces. The practical footprint is ideal for professional services, medical offices, or neighborhood retail. Zoned C-1, the existing multi-tenant layout offers flexible occupancy options-whether leasing individual suites or converting to a single owner-user. The Driftwood delivers strong appeal for both passive investors seeking reliable cash flow & and owner-users looking for a distinctive, high-visibility location.
Exterior Features

Access 4-Wheel Drive RecommendedState Highway Foundation Continuous Parking Spaces 24 Railroad No Roof Composition Siding Wood Siding Style Lap Signage Yes Trailer Parking No View Territorial

Interior Features

Basement Partial Fire System Central Heating Central ACForced AirGas

Property Features

Adjusted Gross Income 190147 Assessments Or Liens No Cap Rate 7.090 Commercial Type Retail Confidentiality Agreement Required Yes Cross Street 7th St Expenses Actual Or Projected Projected Flood Plain No Gross Sched Income 200147 High Speed Comm Access Present Net Income 154823 New Construction No Owner Managed Yes Owner Occupied Yes Parking Ratio Per1000 SF 3 Possession COE Property Name The Driftwood Property Taxes 18865 Property Use Type BusinessInvestmentOwner-User Seller To Do1031 Yes Sewer City Source Of Square Feet County Suitable For Office Medical OfficeOffice Building Suitable For Shopping Center Community Center Tax Amount 18865 Tax Years 2025 Tenancy Multiple Terms Seller Will Consider CashConventional Total Expenses 35324 Vacancy Credit Loss 18000 Water City Zoning C-1

© 2026 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2026 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: 2026-06-11T08:08:42.577.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of WINDERMERE WILLAMETTE VALLEY: 541-754-6101. Listing information © 2026 Willamette Valley Multiple Listing Service