$1,650,000
Newport, OR 97365
MLS# 26-1281
4 baths | 5115 sqft
1 / 32
Property Description
Located in the heart of Newport's historic Nye Beach district, Archway Place is a rare investment opportunity featuring eight ground-floor commercial condominiums totaling 5,115 SF within a well-maintained mixed-use building built in 2007. The property is 100% occupied with a stable mix of local retail tenants and offers strong in-place cash flow. Zoned C-2 (Tourist Commercial), the property benefits from exceptional pedestrian exposure near beach access, dedicated onsite parking, and strong synergy between neighboring businesses in one of the Oregon Coast's most popular tourist destinations. Residential condominiums above are not included in the sale. Tenant businesses are not for sale.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2026-05-12
Address
Within City Limits?: Yes
Street Number: 701
Street Direction Prefix: NW
Street Name: Beach
Street Suffix: Drive
County: Lincoln
State: OR
Postal Code: 97365
Directions: Head west on NW Olive St. Take a right on NW Coast St.
Cross Street: NW Coast St.
Parcel Number: 111105CC-88005-00
Tax & Legal
CC&R's: Yes
Currently Not Used
Association YN: No
Building
Year Built Source: Public Records
Accessibility Features YN: No
Year Built: 2007
Stories Total: 1
Lot
Water Body Access YN: No
Accessory Dwelling Unit YN: No
View YN: Yes
Lot Size Acres: 0.12
Lot Size Square Feet: 5227.2
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
CC&R's
Building Restrictions: 1
Conditions: 1
Covenants: 1
Construction Materials
Concrete: 1
Stone: 1
Cooling
Electric: 1
Foundation Details
Permanent: 1
Slab: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Parking Features
Covered: 1
Off Street: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Road Frontage Type
City Street: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Owner Pays
Association Fees: 1
Common Area Maintenance: 1
Electricity: 1
Exterior Maintenance: 1
Repairs: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Tenant Pays
Internet: 1
Existing Lease Type
NNN: 1
Location of Property
Central Business District: 1
Sale Includes
Building: 1
Additional Tax and Location Information
Account #: R524649
Additional Tax ID #s: R524645, R524646, R524647, R524648, R524650, R5246
Highway 101: West Side
Neighborhood Code: QA13
Property Tax ID #: R524649
Tax District: 104
Showing Requirements
Call Listing Agent: 1
Documents
Plat Map: 1
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Retail
Contract
Current Price: $1,650,000
Status: Active
Begin Date: 2026-05-01
List Price: $1,650,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Tax Annual Amount: 12331
Tax Year: 2025
Zoning: C-2 General Commercial
Tax Lot: 88005
Tax Map Number: 111105CC
Interior
Above Grade Finished Area: 5115
Living Area: 5115
Bathrooms Total: 4
Parking Information
Garage YN: 1
Garage Spaces: 8
Unit Details
Number Of Units Leased: 8
Property Features
Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected
Construction Materials: Concrete; Stone
Cooling: Electric
Existing Lease Type: NNN
Foundation Details: Permanent; Slab
Listing Terms: 1031 Exchange; Cash; Conventional
Location of Property: Central Business District
Owner Pays: Association Fees; Common Area Maintenance; Electricity; Exterior Maintenance; Repairs; Sewer; Taxes; Trash Collection; Water
Parking Features: Covered; Off Street
Possession: Close Of Escrow; Subject To Tenant Rights
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Shingle
Sale Includes: Building
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: Internet
Water Source: Public
Showing Requirements: Call Listing Agent
Documents: Plat Map
Schematic 
Listing Office: Advantage Real Estate
Office Email: info@advantagerealestate.com
Last Updated: June - 09 - 2026
Information deemed reliable but not guaranteed.
Broker Attribution:
(541) 265-2200