, Newport, OR 97365 (MLS# LC-46577)


$887,500
Newport, OR 97365
MLS# LC-46577
Status: Closed
2 baths  |  7472 sqft


Exterior
  1 / 7  
Exterior Bar area Bar Area 2 Kitchen Pool Room Dining & game room Dining area

Property Description
Long established,popular, successful lounge in Newport. Large repeat clientele & tourist spot. Well known throughout the State. Oregon lottery, nightly Karaoke, 3 pool tables, shuffleboard, cards, 9 TV's, full kitchen.Much,much more. Recently upgraded. Turnkey operation.

Details
Status Change Information
Status Change Timestamp: 2008-05-15
Purchase Contract Date: 2007-12-28
Close Date: 2008-05-14
Close Price: 887500
Contingency: Accepting Backup Offers
Building
Year Built Details: per County
Year Built: 1956
Lot
Lot Size Dimensions: 58x100
Waterfront YN: 1
Utilities
Electricity Available: 1
Natural Gas Available: 1
Remarks
Lincoln Public Historical Details: Heating/Cooling: Electric, Building Type: Concrete, Possession: COE, Sewer: City, Garage Spaces: 0, Business Description: Restaurant/Lounge, Sq Ft Remarks: per County, Alternate Heat:
Building and Property Details
Building and Property Condition: Good
Construction Materials
Concrete: 1
Foundation Details
Combination: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Submit: 1
Road Frontage Type
Highway: 1
Road Surface Type
Paved: 1
Roof
Other: 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
Subdivision Block: 55
Subdivision Parcel/Lot: 2 pt 3 10/12
Subdivision Phase/Addition: 2
Tax District: 107
Tax Remarks: per county
Historical Details
Historical MLS Number: 06-3184
Listing Information
Listing Association Name: Lincoln County BOR
Address
County: Lincoln
State: OR
Postal Code: 97365
Postal Code +4: 4930
Directions: South on Hwy 101, located between Hurbert and Alder Streets
Cross Street: Alder
Contract
Current Price: $887,500
Status: Closed
Begin Date: 2006-09-29
Sold Price: $887,500
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Bayley and Case's
Tax Annual Amount: 4092
Tax Year: 2005
Zoning: C - Commercial
Tax Lot: 700
Tax Map Number: 111108BD
Interior
Living Area: 7472
Bathrooms Total: 2
Property Features
Utilities: Electricity Available; Natural Gas Available; Electricity Available; Natural Gas Available
Construction Materials: Concrete
Foundation Details: Combination
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional; Submit
Road Frontage Type: Highway
Road Surface Type: Paved
Roof: Other

Listing Office: Emerald Coast Realty - Waldport
Source MLS Verified

Office Phone: 541-283-3588

Office Email: pammugleston@gmail.com

Last Updated: December - 13 - 2025

Information deemed reliable but not guaranteed.