Listing provided courtesy of Taylor & Taylor Realty Co.- MLS# 766799633
Contact Information: 541-994-9111
Contact Information: 541-994-9111Images
Request Info426 NW Coast STNewport, OR 97365
Commercial · 6,505 Sq. ft. | 0.69 Acres$2,375,000
Active
426 NW Coast ST Overview
- Time on Site:
- 504 days
- Visits:
- 20
Brand new PVC membrane roof has been installed on all buildings, along with exterior and interior updates completed! The price has been slashed, and the seller is motivated; bring an offer! Prime commercial investment opportunity in the Nye District. A former restaurant and bar, this property is fully equipped and is ready for its next chapter, offering an incredible investment opportunity. The sale includes all existing furnishings, fixtures, and equipment, making it a turnkey space for a new concept. Located in a high-foot-traffic area near beach access, this property benefits from a steady flow of locals and tourists alike. In addition to the restaurant/bar space, the sale includes an additional parking lot and two commercial storefronts. Both storefronts are currently leased, providing immediate rental income. The sale for the storefronts is for the real estate only, not the existing businesses. Take advantage of this opportunity today!
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426 NW Coast ST Facts & Features
- Type Commercial
- Sq. ft. 6,505
- Price/Sq.ft. $365
- Lot 0.69 Acres
Details
General
Income/Expenses
- Existing Lease Type: NNN
- Gross Income: 80000.0
- Gross Scheduled Income: 80000.0
- Operating Expense: 9694.0
Building Information
- Year Built: 1974
Business Information
- Business Name: TapHouse at Nye Creek (former)
- Current Use: Food Service,Retail,Tavern
Location/Region
- Country: US
- County Or Parish: Lincoln
- MLS Area Major: 200 - Lincoln County
Tax Information
- Tax Annual Amount: 12328.71
- Tax Year: 2025
General Information
- Inclusions: Building,Equipment,Land
- Listing Terms: Cash,Conventional
- Parcel Number: R262880
- Property Condition: Updated/Remodeled
- Property Sub Type: Commercial
- Property Type: Commercial Sale
- Zoning: C2
Interior
Building Interior
- Building Area Total: 6505.0
General Information
- Cooling: None
- Heating: Forced Air
- Other Equipment: Fixtures,Furniture
- Stories: 1
Exterior
Parking Information
- Parking Features: Off Site,On Site
- Parking Total: 34.0
Lot Information
- Lot Size Acres: 0.69
- Lot Size Area: 30056
- Lot Size Square Feet: 30056.0
- Number Of Buildings: 3
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Construction Materials: Cement Siding
- Roof: Built-Up
General Information
- Sewer: Public Sewer
426 NW Coast ST Neighborhood
Community
97365 (Newport) Demographics
46
Median Age
252
Population Density (per sq. mile)
38%
College Educated
$49,529
Estimated Median Income
2,693
Estimated Total Home Owners
2,073
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.426 NW Coast ST Monthly Cost
426 NW Coast ST Market Data
Based on the last 30 days in this zip code
$620,101
Average List Price
$335
Average Price per Square Foot
4
Properties Sold
106
Average Days on Market
158
Properties for Sale
426 NW Coast ST History
| Date | Value | Agent |
|---|---|---|
| 1/9/2026Source: Regional MLS | $2,375,000 -0.8% |
|
| 9/30/2025Source: Regional MLS | $2,394,000 -0.2% |
|
| 8/29/2025Source: Regional MLS | $2,399,000 -7.6% |
|
| 7/25/2025Source: Regional MLS | $2,595,000 -5.6% |
|
| 7/6/2025Source: Regional MLS | $2,749,000 -1.8% |
|
| 5/30/2025Source: Regional MLS | $2,799,000 -1.8% |
|
| 4/4/2025Source: Regional MLS | $2,849,000 -1.7% |
|
| 3/7/2025Source: Regional MLS | $2,899,000 -1.7% |
|
| 2/10/2025Source: Regional MLS | February 10, 2025 |