$1,075,000
Newport, OR 97365
MLS# 26-2691
5 baths | 14208 sqft
1 / 29
Property Description
One of Newport's most iconic commercial properties in the heart of Newport's deco district, featuring two commercial buildings on two separate tax lots totaling .20 acre. Extremely visible location with highway frontage, currently home to several long term tenants including a restaurant, thrift shop, record store, and more. The ground floor of the building is tenant occupied, the upper two floors are currently a blank canvas with loads of potential including potential for development of residential units. Second and third levels offer sweeping ocean, bay and bridge views and a bird's eye perspective of Newport's downtown district. Over 14,000 square feet of indoor space in total!
Details
Maps
Status Change Information
Status Change Timestamp: 2026-10-07
Address
Street Number: 404-414
Street Direction Prefix: SW
Street Name: Coast
Street Suffix: Highway
County: Lincoln
State: OR
Postal Code: 97365
Directions: Highway 101 Newport in the heart of the Deco District. Buildings are on the corner of Highway 101 and SW Hurbert.
Cross Street: SW Hurbert
Parcel Number: 11-11-08-BD-05100-00
Within City Limits?: Yes
Currently Not Used
Association YN: No
Building
Number Of Buildings: 2
Year Built: 1918
Year Built Source: Assessor
Year Built Effective: 1995
Stories Total: 3
Accessibility Features YN: No
Lot
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Water Body Access YN: No
Accessory Dwelling Unit YN: No
View YN: Yes
Building and Property Details
Building and Property Condition: Good
Exterior Color: Blue
Additional Tax and Location Information
Additional Tax ID #s: R33320
Highway 101: West Side
Property Tax ID #: R31016
Subdivision Block: 55
Subdivision Parcel/Lot: 5-8 ptn
Subdivision Phase/Addition: 2
Tax District: 115
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Mixed Use
Contract
Current Price: $1,075,000
Status: Active
Begin Date: 2026-10-07
List Price: $1,075,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Bayley and Case's
Tax Annual Amount: 7347.79
Tax Year: 2025
Zoning: C-1 Commercial
Tax Lot: 5100
Tax Map Number: 111108BD
Interior
Above Grade Finished Area: 14208
Living Area: 14208
Building Area Source: Assessor
Bathrooms Total: 5
Unit Details
Number Of Units Leased: 5
Property Features
Utilities: Cable Available; Electricity Connected; Natural Gas Available; Phone Connected; Water Connected; Cable Available; Electricity Connected; Natural Gas Available; Phone Connected; Water Connected
Building Features: Anchor Tenant; Clear Span; Kitchen Facilities; Private Restroom(s); Public Restroom(s); Restaurant
Construction Materials: HardiPlank Type
Existing Lease Type: NNN
Foundation Details: Concrete Perimeter; Slab
Heating: Electric
Levels: Tri-Level
Listing Terms: 1031 Exchange; Cash; Conventional
Location of Property: Central Business District
Lot Features: Gentle Sloping
Parking Features: On Street
Possession: Close Of Escrow; Subject To Tenant Rights
Road Frontage Type: Highway
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt
Roof: Composition
Sale Includes: Building; Land
Sewer: Public Sewer
Special Listing Conditions: Standard
View: Bridge(s)
Water Body Type: Bay; Ocean
Water Body View: Yes
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Office
Listing Office: Advantage Real Estate
Office Email: info@advantagerealestate.com
Last Updated: October - 07 - 2026
Information deemed reliable but not guaranteed.
Broker Attribution:
(541) 265-2200