$950,000
Newport, OR 97365
MLS# 26-1304
Status: Pending
11 baths | 7479 sqft
1 / 5
Property Description
11 unit complex with multiple use potential. Ample parking and easy access. Steady income history.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2026-09-14
Purchase Contract Date: 2026-09-11
Address
Street Number: 324
Street Direction Prefix: N
Street Name: COAST HWY UNIT #1
Street Suffix: Highway
County: Lincoln
State: OR
Postal Code: 97365
Directions: Norht on hwy 101 from the Hwy 20 intersection. Two blocks on right. look for Verizon Store.
Parcel Number: 111105DC-90001-00
Within City Limits?: Yes
Currently Not Used
Association YN: No
Interior
Above Grade Finished Area: 7479
Living Area: 7479
Basement YN: No
Fireplace YN: No
Bathrooms Total: 11
Furnished: Unfurnished
Building
Number Of Buildings: 2
Year Built: 2008
Year Built Source: Assessor
Year Built Details: many up grade to all units.
Stories Total: 2
Accessibility Features YN: No
Lot
Lot Size Acres: 0.4
Lot Size Square Feet: 17424
Lot Size Dimensions: Irrg.
Water Body Access YN: No
Accessory Dwelling Unit YN: No
View YN: Yes
Building and Property Details
# Of Tenants: 11
Building and Property Condition: good
Business Details
Equip/FF Incl Y/N: No
Additional Tax and Location Information
Account #: R524200
Additional Tax ID #s: several
Highway 101: East Side
Neighborhood Code: QN13
Property Tax ID #: R524200
Tax District: 115
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Mixed Use
Contract
Current Price: $950,000
Status: Pending
Begin Date: 2026-04-24
List Price: $950,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Newport Center Condominiums
Tax Annual Amount: 3622.74
Tax Year: 2025
Zoning: C - Commercial
Lease Option Considered YN: 1
Tax Lot: 90001
Tax Map Number: 111105DC
Parking Information
Parking Total: 20
Unit Details
Number Of Units Leased: 11
Property Features
Utilities: Electricity Connected; Natural Gas Available; Water Available; Electricity Connected; Natural Gas Available; Water Available
Appliances: Water Heater
Building Features: Anchor Tenant; Private Restroom(s)
Business Type: Other
Construction Materials: Lap Siding
Cooling: None
Existing Lease Type: Net
Fencing: None
Flooring: Carpet; Vinyl
Foundation Details: Slab
Heating: Electric
Levels: Two
Listing Terms: Cash; Conventional; Submit
Lot Features: Level
Other Structures: None
Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; Repairs; Roof Maintenance; Sewer; Taxes; Trash Collection; Water
Parking Features: Off Street; Paved
Possession: Close Of Escrow; Negotiable
Road Frontage Type: Highway
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Composition
Sale Includes: Building; Land
Security Features: Security System
Sewer: Public Sewer
Special Listing Conditions: Standard; Third Party Approval
Tenant Pays: Electricity
Water Heater: Electric
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only
Profit and loss, rent roll 
Listing Office: Mishey Real Estate
Office Email: woody@misheyrealestate.com
Last Updated: September - 14 - 2026
Information deemed reliable but not guaranteed.