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2 Baths
4,180 sqft

$1/month

515 NW Coast Street, Newport OR, 97365

Price per sqft$0.00
Built in1974
Property size4,180 sqft
Property typeCommercial

Overview

Active

Listed Jul 17, 2026

Updated Jul 29

Prime commercial lease opportunity in the heart of Newport's Nye Beach District. Formerly a restaurant and taphouse, this fully built-out commercial space offers an exceptional opportunity for a new tenant to bring their own concept to a popular destination. While the previous business is no longer in operation, many of the existing improvements remain in place, making the space well suited for a restaurant, brewery, taproom, café, or other approved commercial use. Offered as a Triple Net (NNN) lease with an introductory rental schedule of $5,000 per month for months 1-3, $7,500 per month for months 4-6, and $9,000 per month beginning in month 7. Surrounded by established businesses, lodging, beach access, and year-round visitor traffic, this is an outstanding opportunity to establish your business in the vibrant Nye Beach District.

Additional information

MLS® ID
26-1986

Interior Features

Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$3,379
Tax Frequency
Annually
View
Yes

 

Courtesy of Taylor & Taylor Realty Company

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 Sand + Cedar Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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