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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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316 SW Coast Hwy , Newport, OR 97365
$514,990
Est. Payment: $2,589.46/mo
0 Bed
0 Bath
8344 Sqft
Status: active | Days on site: 548
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Sarita Dua
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House Description

Great two-story commercial building in the heart of Newport with excellent visibility off Hwy 101 and yearly GROSS INCOME OF $42,000. This large building features 3 separate bottom floor units which are currently being operated as a Mexican Store, meat market & retail store. The second story features 4 rentable business spaces with 2 currently being utilized as a yoga studio and a meeting room. There's a huge opportunity to increase total income by renting out several other spaces that aren't being utilized and with C-1 zoning, it allows for a wide range of usages. This centrally located building is close to the hospital, the Bayfront, restaurants, shopping, the ocean and much more! Buyers to perform all due diligence and verify all planned usages with the City. DO NOT DISTURB THE TENANTS.
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Highlights

Listed by Lucinda Hage , 971-409-7586 Coldwell Banker Professional , 503-538-0468. Portland Regional Multiple Listing Service mls logo

Property Type

Commercial Sale
Lot/Acreage
0.11

Year Built

1962

County

Lincoln

Area

200 - Lincoln County

Listing ID

106917442

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Other:Public Water

Exterior Features

Zoning:C-1
Roof:Flat,Membrane
Sewer:Public Sewer
Principal Interest
$2,589
Taxes
$543

Home Price

$514,990

Loan Details

30 yrs
6.446%

Down Payment

20%
$102,998
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,589.46

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,589.46 $542.64 $0.00 $3,132.09
Yearly $31,073.47 $6,511.65 $0.00 $37,585.12
Total $932,204.10 $195,349.50 $0.00 $1,127,553.60

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Newport, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

IDX service by Blueroof 360

Data last updated: 2026-07-24T01:19:15.000Z

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