4424 Coast Hwy Newport, OR 97365

This exceptional commercial property at 4424 N Coast Highway in Newport, Oregon, presents a unique investment opportunity. The 2,698 square foot building, constructed in 2006, sits on a sizable 6,534 square foot lot, offering ample space for both the existing business and potential expansion. Currently configured as a restaurant, the property boasts a fully unfinished upstairs area, presenting significant potential for additional living space, entertainment areas, or expansion of the existing business. The property is conveniently located on the coast highway and includes parking for fifteen vehicles, including one designated handicapped space. A key advantage is the existing Oregon video lottery license, allowing for the operation of five video lottery machines, subject to state licensing regulations. The asking price for this turnkey coastal business opportunity is $949,900. This property is zoned for commercial use and offers a blend of existing functionality and significant upside potential for a savvy investor or entrepreneur. The location in Newport, Oregon, provides access to a thriving tourist market and a strong local community. This is a rare chance to acquire a well-situated commercial property with immediate income potential and substantial room for growth. The property's size and existing infrastructure make it an ideal candidate for a variety of commercial ventures. Don't miss this chance to own a piece of the Oregon coast.