749 NW 3rd St, Newport, OR 97365 (MLS:20-1308)

Commercial

Updated by Doretta Smith,

Property Description 

ONE OF A KIND PROPERTY located right in the heart of Nye Beach. Multi-use property with Retail/Restaurant space below and living quarters above. Unobstructed views of the waves crashing on the beach and the Yaquina Lighthouse. 3 bed, 3 bath upstairs living space with deck and private yard. Downstairs has two bathrooms, commercial kitchen, storage and dining area that can hold approximately 40 guests. Several successful restaurants in Newport have operated out of this space and a perfect fit for a owner operator. A must see! .

749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (19)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (19)
749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (6)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (2)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (31)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (30)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (26)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (25)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (35)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (34)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (33)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (36)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (32)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (23)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (24)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (22)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (39)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (38)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (37)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (40)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (1)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (3)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (4)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (5)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (7)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (8)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (9)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (1)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (2)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (4)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (5)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (7)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (8)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (9)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (10)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (11)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (12)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (13)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (14)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (15)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (16)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (17)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (18)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (20)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (21)
749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (6)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (2)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (31)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (30)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (26)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (25)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (35)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (34)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (33)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (36)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (32)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (23)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (24)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (22)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (39)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (38)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (37)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (40)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (1)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (3)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (4)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (5)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (7)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (8)749 NW 3rd St, Newport, OR 97365 - 749 NW 3rd Aerial (9)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (1)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (2)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (4)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (5)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (7)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (8)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (9)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (10)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (11)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (12)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (13)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (14)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (15)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (16)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (17)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (18)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (20)749 NW 3rd St, Newport, OR 97365 - 749NW3rd Interior (21)
  • Status Active 
  • City Newport 
  • County Lincoln 
  • State Oregon 
  • Major Area Newport/South Beach 
  • Subdivision NA 
  • Parcel Number 111108BB-12000-00 
  • U.S. Highway 101 West Side 
  • Property Type Commercial 
  • Primary View Ocean 
  • Bedrooms
  • Bathrooms
  • Garage Type None 
  • Street Surface Paved 
  • Roof Composition 
  • Siding Cedar 
  • Foundation Continuous Concrete 
  • Total Square Feet 2,696 
  • Year Built 1940 
  • Lot Acres 0.06 
  • Frontage None 
  • Zoning C-2 Tourist Commercial (Newport) 
  • Bank/Lender Owned No 
  • Seller's Terms Cash, Conventional Financing 
  • Price $897,000 
  • Taxes $4,247 
  • Tax Year 2020 
  • MLS Number 20-1308 
  • Phone Number (541) 961-6688 
  • Directions Highway 101 to NW 3rd Street, go all the way to the ocean, property on south side on the corner of NW 3rd and NW Cliff Street. 

Ocean Equity Real Estate & Investments, LLC is the listing office. Call Doretta Smith at (541) 961-6688 to see this property or obtain more information.