501 Coast StNewport, OR 97365
- Retail properties
- 2,325 SF
Property Details for 501 Coast St
- Year built
- 1945
- Property size (Sq ft)
- 2,325 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional investment opportunity presents two commercial storefronts totaling 2,325 square feet on a 3,049.2 square foot lot in Newport, Oregon's vibrant Nye District. Located at 515/501 NW Coast Street, this property boasts a coveted location near beach access, ensuring high foot traffic and visibility. Built in 1945 and renovated in 2017, the two single-story buildings feature 25-foot ceilings and are zoned C-2. Currently operating under a multi-tenant NNN lease structure, this owner-user investment offers a stable income stream with two existing tenants. The property's prime location in the popular Nye District, known for its historic charm and proximity to the beach, attracts both locals and tourists. This offering includes the real estate only
Location Insight
- City
- Newport
- County
- Lincoln
- State
- Oregon
- Latitude
- 44.6395
- Longitude
- -124.061
Comparable in this City
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