Active

426 NW ,501, 515 COAST ST

Newport OR, 97365

$2,950,000


$453.50 per sqft

Active

6,505 sqft

Commercial

Built in 1974

Courtesy of Taylor & Taylor Realty Co.

Prime commercial investment opportunity in the Nye District. Formerly operating as ''The Taphouse,'' this fully equipped restaurant and bar 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!

766799633

MLS ID

February 10, 2025

Listed

February 12, 2025

Updated

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.69 Acres


Roof

Built Up


Sewer

Public Sewer

Other Property Details

Area Name

_200


Taxes

$11,788


Tax Frequency

Annually


Days on Market

2


Garage

No


Parking

Off Site, On Site


Parking Total

34


View

Yes


View Description

Ocean


County

Lincoln


Water Source

Public Water


Pool

No


Zoning

C2

Listing Courtesy of Taylor & Taylor Realty Co., Dennis Regen. 541-994-9111

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Re/Max Equity Group are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 2/12/2025, 6:37 PM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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