644 Coast Hwy, Newport, OR 97365
644 Coast Hwy, Newport, OR 97365
644 Coast Hwy, Newport, OR 97365
644 Coast Hwy, Newport, OR 97365
644 Coast Hwy, Newport, OR 97365
644 Coast Hwy, Newport, OR 97365
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Listed by HONG WOLFE • WINDERMERE WILLAMETTE VALLEY • Agent: 541-740-9497
$ 2,070,000
Est. payment | /mo

9,400 SqFt

Save
$ 2,070,000
Est. payment | /mo
Save

9,400 SqFt

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

Willamette Valley MLS (WVMLS)
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644 Coast Hwy