About 515 Nw Coast Street
Prime commercial lease opportunity in the heart of Newport's Nye Beach District. Formerly a restaurant and taphouse, this fully built-out commercial space offers an exceptional opportunity for a new tenant to bring their own concept to a popular destination. While the previous business is no longer in operation, many of the existing improvements remain in place, making the space well suited for a restaurant, brewery, taproom, café, or other approved commercial use. Offered as a Triple Net (NNN) lease with an introductory rental schedule of $5,000 per month for months 1-3, $7,500 per month for months 4-6, and $9,000 per month beginning in month 7. Surrounded by established businesses, lodging, beach access, and year-round visitor traffic, this is an outstanding opportunity to establish your business in the vibrant Nye Beach District.
Features of 515 Nw Coast Street
| MLS® # | 26-1986 |
|---|---|
| Price | $1 |
| Bathrooms | 2.00 |
| Square Footage | 4,180 |
| Acres | 0.14 |
| Year Built | 1974 |
| Type | Commercial Lease |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 515 Nw Coast Street |
|---|---|
| Subdivision | Nye & Thompson |
| City | Newport |
| County | Lincoln |
| State | OR |
| Zip Code | 97365 |
Amenities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | Off Street |
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Level |
|---|---|
| Roof | Flat, Membrane |
| Construction | HardiPlank Type |
| Foundation | Slab |
Additional Information
| Date Listed | July 17th, 2026 |
|---|---|
| Zoning | C-2 General Commercial |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Dennis M Regen |
|---|---|
| Office | Taylor & Taylor Realty Company |