Listing provided courtesy of Advantage Real Estate- MLS# 26-1281
Contact Information: (541) 265-2200
Contact Information: (541) 265-2200Images
Request Info- Archway Place
- Sunset at Archway Place
- Exterior Archway Market
- Interior Archway Market
- Exterior Coast St.
- Cafe & Ocean View
- Interior Archway Market
- Interior Cafe
- Connection between Cafe and Market
- Market
- Market
- Retail Space
- Cafe
- Retail Space
- Retail Space
- Exterior Beach St.
- Parking Garage
- Exterior Coast St.
- Drone
- IMG_0114
- Coast and Beach St.
- Drone Sunset
- Nye Beach
- Nye Beach
- IMG_0114-Edit
- Overhead
- IMG_0109
- Exterior Coast St
- Ultra Life Cafe
- Exterior Coast
- Corner of Coast
- IMG_0125
701 NW Beach DriveNewport, OR 97365
Commercial · 5,115 Sq. ft. | 0.12 Acres$1,650,000
Active
701 NW Beach Drive Overview
- Time on Site:
- 48 days
- Visits:
- 2
Located in the heart of Newport's historic Nye Beach district, Archway Place is a rare investment opportunity featuring eight ground-floor commercial condominiums totaling 5,115 SF within a well-maintained mixed-use building built in 2007. The property is 100% occupied with a stable mix of local retail tenants and offers strong in-place cash flow. Zoned C-2 (Tourist Commercial), the property benefits from exceptional pedestrian exposure near beach access, dedicated onsite parking, and strong synergy between neighboring businesses in one of the Oregon Coast's most popular tourist destinations. Residential condominiums above are not included in the sale. Tenant businesses are not for sale.
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701 NW Beach Drive Facts & Features
- Type Commercial
- Sq. ft. 5,115
- Price/Sq.ft. $323
- Lot 0.12 Acres
Details
General
Association/HOA
- Association: false
Income/Expenses
- Existing Lease Type: NNN
Building Information
- Year Built: 2007
Location/Region
- County Or Parish: Lincoln
Rent/Lease Information
- Lease Considered: false
- Tenant Pays: Internet
Tax Information
- Tax Annual Amount: 12331.0
- Tax Year: 2025
General Information
- Inclusions: Building
- Listing Terms: 1031 Exchange,Cash,Conventional
- Parcel Number: 111105CC-88005-00
- Property Sub Type: Retail
- Property Type: Commercial Sale
- Special Listing Conditions: Standard
- Zoning: C-2 General Commercial
Interior
Parking Information
- Garage Spaces: 8.0
- Garage: true
Beds/Baths
- Bathrooms Total: 4
Building Interior
- Above Grade Finished Area: 5115.0
- Building Area Total: 5115.0
General Information
- Foundation Details: Slab,Permanent
- Stories Total: 1
Exterior
Parking Information
- Parking Features: Off Street,Covered
Lot Information
- Lot Size Acres: 0.12
- Lot Size Area: 0.12
- Lot Size Square Feet: 5227.2
- Lot Size Units: Acres
- Road Surface Type: Paved
- Water Source: Public
Waterfront/View
- Waterfront: false
Building Exterior/Construction
- Attached Garage: false
- Construction Materials: Concrete,Stone
- Roof: Shingle
General Information
- Carport: false
- Number Of Units Leased: 8
- Road Frontage Type: City Street
- Sewer: Public Sewer
- Utilities: Electricity Connected,Sewer Connected,Water Connected
701 NW Beach Drive 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
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.701 NW Beach Drive Monthly Cost
701 NW Beach Drive 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
701 NW Beach Drive History
| Date | Value | Agent |
|---|---|---|
| 5/12/2026Source: Tillamook MLS | May 12, 2026 |