$475,000
Newport, OR 97365
MLS# 26-1013
Status: Pending
2 baths | 1998 sqft
1 / 7
Property Description
Unlock a premier investment opportunity with this high-visibility gem on Highway 101. Boasting 1,998 sq. ft. of versatile professional space and rare deeded parking, this property is perfectly positioned for maximum exposure in Newport. Ideally suited for a 1031 exchange or live-work situation, this turn-key building offers a seamless transition for your portfolio. The property is being sold as-is, providing a straightforward, efficient acquisition for the savvy investor looking to capture prime coastal real estate.
Details
Maps
Status Change Information
Status Change Timestamp: 2026-08-04
Purchase Contract Date: 2026-08-03
Address
Within City Limits?: Yes
Street Number: 1112
Street Direction Prefix: SW
Street Name: Coast
Street Suffix: Highway
County: Lincoln
State: OR
Postal Code: 97365
Directions: North of Newport bridge on the west side of HWY 101
Parcel Number: 111108CC-6600-00
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Building
Year Built Source: Assessor
Accessibility Features YN: Yes
Number Of Buildings: 1
Year Built: 1984
Stories Total: 2
Lot
Water Body Access YN: No
Accessory Dwelling Unit YN: No
View YN: No
Lot Size Acres: 0.11
Lot Size Square Feet: 4791.6
Utilities
Electricity Connected: 1
Water Available: 1
Accessibility Features
Accessible Approach with Ramp: 1
Appliances
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Water Heater: 1
Building and Property Details
Daily Traffic Count: 7100
Construction Materials
Cedar: 1
Concrete: 1
Flooring
Carpet: 1
Vinyl: 1
Foundation Details
Slab: 1
Heating
Electric: 1
Forced Air: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Other Structures
None: 1
Possession
Negotiable: 1
Other: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Water Heater
Electric: 1
Water Source
Public: 1
Business Details
Equip/FF Incl Y/N: No
Business Type
Professional/Office: 1
Real Estate: 1
Location of Property
Central Business District: 1
Corner Lot: 1
Sale Includes
Building: 1
Land: 1
Additional Tax and Location Information
Highway 101: West Side
Property Tax ID #: R201360
Tax District: 115
Showing Requirements
24 Hour Notice: 1
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Retail
Contract
Current Price: $475,000
Status: Pending
Begin Date: 2026-04-17
List Price: $475,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Bayley and Case's
Tax Annual Amount: 4788.34
Tax Year: 2025
Zoning: C-1 Commercial
Tax Lot: 6600
Tax Map Number: 111108CC
Interior
Above Grade Finished Area: 1998
Living Area: 1998
Bathrooms Total: 2
Parking Information
Parking Total: 3
Property Features
Utilities: Electricity Connected; Water Available; Electricity Connected; Water Available
Accessibility Features: Accessible Approach with Ramp
Appliances: Dishwasher; Microwave; Refrigerator; Water Heater
Business Type: Professional/Office; Real Estate
Construction Materials: Cedar; Concrete
Flooring: Carpet; Vinyl
Foundation Details: Slab
Heating: Electric; Forced Air
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional
Location of Property: Central Business District; Corner Lot
Other Structures: None
Possession: Negotiable; Other
Road Surface Type: Paved
Roof: Composition
Sale Includes: Building; Land
Sewer: Public Sewer
Special Listing Conditions: Standard
Water Heater: Electric
Water Source: Public
Showing Requirements: 24 Hour Notice
Listing Office: Martek Real Estate
Office Phone: 541-265-8785
Office Email: office@martekrealestate.com
Last Updated: August - 04 - 2026
Information deemed reliable but not guaranteed.