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644 S Coast Hwy, Newport, OR 97365

$2,070,000
  • 644 S Coast Hwy, Newport, OR 97365 Main Photo

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Listing Courtesy of: WINDERMERE WILLAMETTE VALLEY
Agency Contact: Agent: 541-740-9497
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SQUARE FEET9,400 MLS#839432
STATUS PROPERTY TYPECommercial - Business

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.

Property Features

Property Type: Commercial - Business
Basement: Yes
Basement: Partial
Lot Size: 0.40 Acres
Roof Type: Composition
Taxes: $18,865
Year Built: 1985

Feature Descriptions

Access: 4-Wheel Drive Recommended, State Highway
Exterior: Wood
Fire System: Central
Foundation: Continuous
Heating/Cooling: Central AC, Forced Air, Gas
Lot Dimensions: 0.4 Acre(s)
Parking Space(s): 24
Price Per Square Foot: 220.21
Property Name: The Driftwood
Sewer: City
Signage: Yes
Special View Info: Territorial
Suitable for Office: Medical Office, Office Building
Suitable for Shopping Centre: Community Center
Water: City

Listed By / Shown By

Listed By

Agency Name: WINDERMERE WILLAMETTE VALLEY
Agency Contact: Agent: 541-740-9497

Shown By

Agency Title: Coldwell Banker Valley Brokers
Albany: 541.928.6317
Corvallis: 541.757.0222

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