Discover an exceptional commercial opportunity in the highly desirable Agate Beach area of Newport, directly across from Agate Beach and the iconic Yaquina Head Lighthouse. This fully renovated multi-use commercial building offers incredible flexibility, unmatched visibility, and rare development potential on Highway-101βs busiest corridor.
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π’ PROPERTY HIGHLIGHTS
Completely renovated 4,700 sq ft commercial building
Beautiful OCEAN VIEWS with waves visible from the property
Large open floor plan ideal for retail, warehouse, showroom, or mixed commercial use
Two oversized commercial bay doors
Separate, enclosed office space
Two ADA-compliant bathrooms, including a walk-in tile shower
Ample private parking β 17 spaces, with room to expand
Recently Renovated:
Roof (new)
Siding
Ductless heating system
Electrical & LED lighting
Plumbing
Insulation
Interior & exterior paint
Walls/ceiling & commercial-grade trim
Commercial garage doors
All renovations fully permitted and brought up to current building codes
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ποΈ DEVELOPMENT POTENTIAL
This property is a developerβs dream, offering multiple expansion possibilities:
INCLUDES 4 tax lots, totaling approximately ΒΎ acre
Highway-101 frontage for maximum commercial visibility
Approved engineered blueprints to:
βοΈ Build up to 50 ft on top of the current building
βοΈ Construct an additional commercial/residential structure on the adjacent lot
Separate additional lot with its own address and electrical hookup:
βοΈ Multi Food Cart rental license currently. βοΈ Lots of potential.
Plenty of space for multi-unit commercial, mixed-use residential, or income-generating rentals
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π LOCATION
Situated at a busy intersection on Highway-101, this property benefits from nonstop traffic exposure and close proximity to:
Agate Beach (directly across the road)
Yaquina Head Lighthouse
Local shops, restaurants, hotels, and tourism hotspots
Year-round foot and vehicle traffic
This makes it perfect for retail, a destination business, a marine-related operation, warehouse & distribution, or a multi-tenant investment property.
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πΌ AN INCREDIBLE INVESTMENT
Whether youβre looking to open your own business, create income-producing rentals, or develop a multi-story commercial/residential hub, this property offers unlimited potential in one of the Oregon Coastβs most in-demand areas.
Turnkey, fully renovated, ocean-view commercial property with major expansion potentialβrarely available and highly valuable!