$700,000
Newport, OR 97365
MLS# LC-88856
Status: Closed
2 baths | 3546 sqft
1 / 10
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY to own one of the busiest bars in the growing and thriving coastal town of Newport, Oregon! Sandbar & Grill is a local and tourist favorite, and has been for years. Located in Historic Nye Beach, surrounded by hotels, food and shopping, this is a busy sports bar and restaurant combined into one. Great food, and great drinks! Upstairs dining with an ocean view, downstairs with big screen TV's, pool table, video lottery, jukebox, a game room, and an environment that is a draw to locals and tourists year round. This bar and grill is busy all year long, whether it be summer or winter. You will always find this joint full of life, laughter, and the delicious smell of garlic bread and steamer clams. Is this the opportunity you've been waiting for?
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2020-06-05
Purchase Contract Date: 2020-02-18
Close Date: 2020-06-05
Close Price: 700000
Tax & Legal
Business Name: Sandbar & Grill
CC&R's: No
Currently Not Used
Association YN: No
Building
Year Built Details: Remodeled in 1997
Year Built: 1925
Lot
Lot Size Dimensions: 30x100
View YN: Yes
Lot Size Acres: 0.07
Lot Size Square Feet: 3049.2
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Building Type: Bar & Restaurant, Possession: COE, Garage Spaces: 0, Alternate Heat:
Appliances
Water Heater: 1
Building and Property Details
Building and Property Condition: Average
Construction Materials
Cedar: 1
Vinyl Siding: 1
Flooring
Carpet: 1
Wood: 1
Foundation Details
Concrete Perimeter: 1
Heating
Electric: 1
Wall Furnace: 1
Levels
Multi/Split: 1
Listing Terms
Cash: 1
Conventional: 1
Submit: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Water Body Type
Ocean: 1
Water Heater
Electric: 1
Water Source
Public: 1
Business Details
Non-Comp Agreement: 1
Equip/FF Incl Y/N: Yes
List Available Y/N: Yes
Inventory Included Y/N: No
MDSE/Supp Included Y/N: Yes
Business Type
Bar/Tavern/Lounge: 1
Food & Beverage: 1
Restaurant: 1
Additional Tax and Location Information
Highway 101: West Side
Property Tax ID #: R284165
Subdivision Block: N/A
Subdivision Parcel/Lot: 11/18
Tax District: 104
Tax Remarks: Combined taxes of both lots. Please See Documents for Second Tax Record
Showing Requirements
Appointment Only: 1
Historical Details
Historical MLS Number: 19-2048
Listing Information
Listing Association Name: Lincoln County BOR
Address
Street Number: 722
Street Direction Prefix: NW
Street Name: Beach
Street Suffix: Drive
County: Lincoln
State: OR
Postal Code: 97365
Directions: From HWY 101 turn East on NW 6th Street. Left onto NW Coast Street, right onto NW Beach aka Nye Beach Turnaround. Property on right side.
Cross Street: Coast Street
Parcel Number: 111105CC-9500-00
Contract
Current Price: $700,000
Status: Closed
Begin Date: 2019-08-05
Sold Price: $700,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Nye Beach Plaza Condo
Tax Annual Amount: 4056.86
Tax Year: 2018
Zoning: C-2 Tourist Commercial (Newport)
Tax Lot: 500
Tax Map Number: 11-11-05-CC
Interior
Living Area: 3546
Bathrooms Total: 2
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Appliances: Water Heater
Business Details: Non-Comp Agreement
Business Type: Bar/Tavern/Lounge; Food & Beverage; Restaurant
Construction Materials: Cedar; Vinyl Siding
Flooring: Carpet; Wood
Foundation Details: Concrete Perimeter
Heating: Electric; Wall Furnace
Levels: Multi/Split
Listing Terms: Cash; Conventional; Submit
Road Surface Type: Paved
Roof: Composition
Sewer: Public Sewer
Water Body Type: Ocean
Water Heater: Electric
Water Source: Public
Showing Requirements: Appointment Only
Plat Map - Public Listing Office: Martek Real Estate
Office Phone: 541-265-8785
Office Email: office@martekrealestate.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.