$800,000
Newport, OR 97365
MLS# LC-91143
Status: Closed
5 baths | 2696 sqft
1 / 49
Property Description
ONE OF A KIND PROPERTY located right in the heart of Nye Beach. Multi-use property with Retail/Restaurant space below and living quarters above. Unobstructed views of the waves crashing on the beach and the Yaquina Lighthouse. 3 bed, 3 bath upstairs living space with deck and private yard. Downstairs has two bathrooms, commercial kitchen, storage and dining area that can hold approx. 40 guests. Several successful restaurants in Newport have operated out of this space and a perfect fit for a owner operator. A must see!
Details
Maps
Status Change Information
Status Change Timestamp: 2021-06-04
Price Change Timestamp: 2021-04-28T13:58:33Z
Purchase Contract Date: 2021-05-09
Close Date: 2021-06-04
Close Price: 800000
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Lot
Lot Size Dimensions: 45 x 57.5
Accessory Dwelling Unit YN: Yes
View YN: Yes
Lot Size Acres: 0.06
Lot Size Square Feet: 2613.6
Remarks
Lincoln Public Historical Details: Building Type: Mix Use, Possession: COE, Garage Spaces: 0, Alternate Heat:
Accessory Dwelling Unit Information
ADU Bedrooms: 3
Building and Property Details
Building and Property Condition: Good
Construction Materials
Cedar: 1
Foundation Details
Concrete Perimeter: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Water Body Type
Ocean: 1
Business Details
Equip/FF Incl Y/N: No
List Available Y/N: No
Inventory Included Y/N: No
MDSE/Supp Included Y/N: No
Additional Tax and Location Information
Highway 101: West Side
Property Tax ID #: R111534
Tax District: 104
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Historical Details
Historical MLS Number: 20-1308
Listing Information
Listing Association Name: Lincoln County BOR
Address
Street Number: 749
Street Direction Prefix: NW
Street Name: 3rd
Street Suffix: Street
County: Lincoln
State: OR
Postal Code: 97365
Directions: Hwy 101 to NW 3rd Street, go all the way to the ocean, property on south side on the corner of NW 3rd and NW Cliff Street.
Parcel Number: 111108BB-12000-00
Contract
Current Price: $800,000
Status: Closed
Begin Date: 2020-06-27
Sold Price: $800,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Tax Annual Amount: 4246.56
Tax Year: 2020
Zoning: C-2 Tourist Commercial (Newport)
Tax Lot: 12000
Tax Map Number: 111108BB
Interior
Living Area: 2696
Bathrooms Total: 5
Building
Year Built: 1940
Property Features
Construction Materials: Cedar
Foundation Details: Concrete Perimeter
Levels: Two
Listing Terms: Cash; Conventional
Road Surface Type: Paved
Roof: Composition
Water Body Type: Ocean
Showing Requirements: 24 Hour Notice; Appointment Only
Listing Office: Ocean Equity Real Estate & Investments, LLC
Office Phone: 541-265-8303
Office Email: team@oceanequity.com
Last Updated: December - 12 - 2025
Information deemed reliable but not guaranteed.