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Listed by HONG WOLFE • WINDERMERE WILLAMETTE VALLEY • Agent: 541-740-9497
$2,070,000
Est. payment /mo
9,400 SqFt
New
644 Coast Hwy Newport, OR 97365
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9,400 sqft
Price per Sqft $220
MLS Listing ID 839432
Year Built 1985
Annual Tax Amount $18,865
Tax Year 2025
Lot Size 0.400 Acres
Acres 0.4
Property Sub-Type Retail
Property Description
Introducing The Driftwood, a premier multi-tenant, turn-key investment opportunity offering spectacular ocean views. Strategically positioned along Highway 101, directly across from Good Samaritan Hospital and near the iconic Hallmark Inn, this coastal property features about 9,400 square feet on 0.40 acres, and about 24 surface parking spaces. The practical footprint is ideal for professional services, medical offices, or neighborhood retail. Zoned C-1, the existing multi-tenant layout offers flexible occupancy options-whether leasing individual suites or converting to a single owner-user. The Driftwood delivers strong appeal for both passive investors seeking reliable cash flow & and owner-users looking for a distinctive, high-visibility location.
Location
State OR
County Lincoln
Area Os Outside 4 County Area
Interior
Heating Central AC, Forced Air, Gas
Exterior
Garage Spaces 24.0
View Territorial
Roof Type Composition
Building
Foundation Continuous
Sewer City
Water City
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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