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Listing provided courtesy of Mishey Real Estate- MLS# 26-1304MLS ProviderSource MLS Verified

324 N COAST HWY UNIT #1 HighwayNewport, OR 97365

Commercial · 7,479 Sq. ft. | 0.40 Acres
$950,000 Active

324 N COAST HWY UNIT #1 Highway Overview

Time on Site:
47 days
Visits:
4

11 unit complex with multiple use potential. Ample parking and easy access. Steady income history.

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324 N COAST HWY UNIT #1 Highway Facts & Features

  • Type Commercial
  • Sq. ft. 7,479
  • Price/Sq.ft. $127
  • Lot 0.40 Acres

Details

General

Association/HOA

  • Association: false

Income/Expenses

  • Existing Lease Type: Net

Building Information

  • Year Built: 2008
  • Year Built Details: many up grade to all units.

Business Information

  • Business Type: Other

Location/Region

  • County Or Parish: Lincoln
  • Subdivision Name: Newport Center Condominiums

Rent/Lease Information

  • Land Lease: false
  • Lease Considered: true
  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: 3622.74
  • Tax Year: 2025

General Information

  • Furnished: Unfurnished
  • Inclusions: Building, Land
  • Listing Terms: Cash,Conventional,Submit
  • Parcel Number: 111105DC-90001-00
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Special Listing Conditions: Third Party Approval,Standard
  • Zoning: C - Commercial

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Total: 11

Building Interior

  • Above Grade Finished Area: 7479.0
  • Building Area Total: 7479.0

General Information

  • Appliances: Water Heater
  • Basement: false
  • Building Features: Anchor Tenant,Private Restroom(s)
  • Fireplace: false
  • Flooring: Carpet,Vinyl
  • Foundation Details: Slab
  • Levels: Two
  • Security Features: Security System
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Off Street,Paved
  • Parking Total: 20.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Size Dimensions: Irrg.
  • Lot Size Square Feet: 17424.0
  • Lot Size Units: Acres
  • Number Of Buildings: 2
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Lap Siding
  • Roof: Composition

General Information

  • Carport: false
  • Fencing: None
  • Number Of Units Leased: 11
  • Other Structures: None
  • Road Frontage Type: Highway
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Natural Gas Available,Water Available

324 N COAST HWY UNIT #1 Highway Neighborhood

Community

97365 (Newport) Demographics

46
Median Age
252
Population Density (per sq. mile)
38%
College Educated
$49,529
Estimated Median Income
2,693
Estimated Total Home Owners
2,073
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

324 N COAST HWY UNIT #1 Highway Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

324 N COAST HWY UNIT #1 Highway Market Data

Based on the last 30 days in this zip code

$620,101
Average List Price
$335
Average Price per Square Foot
17
Properties Sold
106
Average Days on Market
158
Properties for Sale
Calculations provided by Reliance Network

324 N COAST HWY UNIT #1 Highway History

Date Event Value Agent
5/14/2026Source: Tillamook MLS Added to Database
May 14, 2026