541-992-2177
515 NW Coast St, Newport, OR for Rent

$310.08 USD /SF/yr

Retail - For Rent
1/19
4,180 SF | 1 Space

515 NW Coast St
Newport, OR 97365


HIGHLIGHTS

  • High daytime foot traffic
  • Ocean views
  • Beach access nearby
  • Plenty of parking

OVERVIEW

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.

RENTAL DETAILS

SPACE AVAILABLE

4,180 SF

# OF SPACES

1

RENT/MONTH

$108,011 USD /mo

RENT RATE (MO)

$25.84 USD /SF/mo

RENT RATE (YR)

$310.08 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

4,180 SF

YEAR BUILT

1974

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098.4 SF

ZONING

C-2

ASK ABOUT THIS PROPERTY

Dennis RegenTaylor & Taylor Realty Co.More Info
541-992-2177

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Dennis RegenTaylor & Taylor Realty Co.More Info
541-992-2177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.