$1,695,000
Newport, OR 97365
MLS# 26-293
2 baths | 5288 sqft
1 / 34
Property Description
Investment opportunity on the Oregon Coast with a Bay and Bridge View! This property has several opportunities which include the existing 5200 sq. ft building and newly built covered patio. Upper parking lot has 10 off street parking spaces. Newly installed infrastructure in the lower parking lot which includes underground water/sewer and power with individual pedestals for 7 food trucks/RVs with recent conditional use approval to be the first food truck pod in Newport. Appraisal in 2023 for 2,250,00.00. Seller is a licensed RE Broker. Currently set up for Brewery/Restaurant. Seller may sell equipment separately.
Details
Maps
Status Change Information
Status Change Timestamp: 2026-05-13
Back on Market Date: 2026-03-20
Price Change Timestamp: 2026-05-13T15:53:52Z
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Interior
Basement YN: No
Fireplace YN: Yes
Furnished: Negotiable
Above Grade Finished Area: 5000
Living Area: 5288
Building Area Source: Owner
Bathrooms Total: 2
Building
Year Built Source: Appraiser
Accessibility Features YN: Yes
Year Built: 2019
Year Built Effective: 2019
Stories Total: 1
Lot
Water Body Access YN: No
Accessory Dwelling Unit YN: No
View YN: Yes
Lot Size Acres: 0.54
Lot Size Square Feet: 23522.4
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Accessibility Features
Accessible Doors: 1
Appliances
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Water Heater: 1
Building and Property Details
Building and Property Condition: Excellent
Construction Materials
Other: 1
Cooling
Central Air: 1
Foundation Details
Slab: 1
Heating
Ductless: 1
Heat Pump: 1
Levels
One: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lot Features
Level: 1
Other Structures
None: 1
Parking Features
Attached Garage: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Roof
Metal: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Water Body Type
Bay: 1
Water Heater
Gas: 1
Water Source
Public: 1
Business Details
Equip/FF Incl Y/N: Yes
Equip/FF Value: 700000
List Available Y/N: Yes
Business Type
Restaurant: 1
Sale Includes
Building: 1
Additional Tax and Location Information
Additional Tax ID #s: TL 16400, 16401 & 19000
Highway 101: East Side
Property Tax ID #: R225146
Tax District: 115
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Retail
Address
Street Number: 1118
Street Direction Prefix: SW
Street Name: Canyon
Street Suffix: Way
County: Lincoln
State: OR
Postal Code: 97365
Directions: Hwy 101 to SW Hurbert to SW Canyon Way Drive
Parcel Number: R225146
Contract
Current Price: $1,695,000
Status: Active
Begin Date: 2026-02-13
List Price: $1,695,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Bayley and Case's
Tax Annual Amount: 13734.23
Tax Year: 2025
Zoning: C-1 Commercial
Tax Lot: 16500
Tax Map Number: 111108BD
Parking Information
Garage YN: 1
Garage Spaces: 2
Parking Total: 21
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Accessibility Features: Accessible Doors
Appliances: Dishwasher; Microwave; Refrigerator; Water Heater
Business Type: Restaurant
Construction Materials: Other
Cooling: Central Air
Foundation Details: Slab
Heating: Ductless; Heat Pump
Levels: One
Listing Terms: 1031 Exchange; Cash; Conventional
Lot Features: Level
Other Structures: None
Parking Features: Attached Garage
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Metal
Sale Includes: Building
Sewer: Public Sewer
Special Listing Conditions: Standard
Water Body Type: Bay
Water Heater: Gas
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only
Listing Office: Equity Plus Real Estate
Office Email: brodie@oceanequity.com
Last Updated: June - 09 - 2026
Information deemed reliable but not guaranteed.