About 426 Nw ,501, 515 Coast St
Brand new PVC membrane roofs are being installed, and the former restaurant and taphouse is undergoing a full professional deep cleaning! The price has been slashed, and the seller is motivated; bring an offer! Prime commercial investment opportunity in the Nye District. A former restaurant and bar, this property is fully equipped and is ready for its next chapter, offering an incredible investment opportunity. The sale includes all existing furnishings, fixtures, and equipment, making it a turnkey space for a new concept. Located in a high-foot-traffic area near beach access, this property benefits from a steady flow of locals and tourists alike. In addition to the restaurant/bar space, the sale includes an additional parking lot and two commercial storefronts. Both storefronts are currently leased, providing immediate rental income. The sale for the storefronts is for the real estate only, not the existing businesses. Take advantage of this opportunity today!
Features of 426 Nw ,501, 515 Coast St
| MLS® # | 766799633 |
|---|---|
| Price | $2,394,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,505 |
| Acres | 0.69 |
| Year Built | 1974 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 426 Nw ,501, 515 Coast St |
|---|---|
| Area | 200 - Lincoln County |
| City | Newport |
| County | Lincoln |
| State | OR |
| Zip Code | 97365 |
Amenities
| Parking Spaces | 34 |
|---|---|
| Parking | Off Site, On Site |
| View | Ocean |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Roof | Built-Up |
|---|---|
| Construction | Cement Siding |
Additional Information
| Date Listed | February 10th, 2025 |
|---|---|
| Days on Market | 254 |
| Zoning | C2 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Taylor & Taylor Realty Co. |
|---|---|
| Contact Info | 541-994-9111 |