1118 SW Canyon Way, Newport, OR 97365 | MLS #26-293 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of Equity Plus Real Estate- MLS# 26-293MLS ProviderSource MLS Verified

1118 SW Canyon WayNewport, OR 97365

Commercial · 5,288 Sq. ft. | 0.54 Acres
$1,695,000 Active

1118 SW Canyon Way Overview

Time on Site:
136 days
Visits:
6

Investment opportunity on the Oregon Coast with a Bay and Bridge View! This property has several opportunities which include the existing 5200 sq. ft building and newly built covered patio. Upper parking lot has 10 off street parking spaces. Newly installed infrastructure in the lower parking lot which includes underground water/sewer and power with individual pedestals for 7 food trucks/RVs with recent conditional use approval to be the first food truck pod in Newport. Appraisal in 2023 for 2,250,00.00. Seller is a licensed RE Broker. Currently set up for Brewery/Restaurant. Seller may sell equipment separately.

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1118 SW Canyon Way Facts & Features

  • Type Commercial
  • Sq. ft. 5,288
  • Price/Sq.ft. $321
  • Lot 0.54 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • Year Built: 2019

Business Information

  • Business Type: Restaurant

Location/Region

  • County Or Parish: Lincoln
  • Subdivision Name: Bayley and Case's

Rent/Lease Information

  • Land Lease: false
  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 13734.23
  • Tax Year: 2025

General Information

  • Furnished: Negotiable
  • Inclusions: Building
  • Listing Terms: 1031 Exchange,Cash,Conventional
  • Parcel Number: R225146
  • Property Sub Type: Retail
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard
  • Zoning: C-1 Commercial

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: true

Beds/Baths

  • Bathrooms Total: 2

Building Interior

  • Above Grade Finished Area: 5000.0
  • Building Area Source: Owner
  • Building Area Total: 5288.0

General Information

  • Accessibility Features: Accessible Doors
  • Appliances: Dishwasher,Microwave,Water Heater,Refrigerator
  • Basement: false
  • Fireplace: true
  • Foundation Details: Slab
  • Levels: One
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Attached Garage
  • Parking Total: 21.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.54
  • Lot Size Area: 0.54
  • Lot Size Square Feet: 23522.4
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: Bay
  • Waterfront: false

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Other
  • Roof: Metal

General Information

  • Carport: false
  • Other Structures: None
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Natural Gas Connected,Water Available

1118 SW Canyon Way 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.

1118 SW Canyon Way 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.

1118 SW Canyon Way 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

1118 SW Canyon Way History

Date Event Value Agent
5/13/2026Source: Tillamook MLS Price Reduction
$1,695,000 -5.6%
3/20/2026Source: Tillamook MLS Status Change
Active
2/13/2026Source: Tillamook MLS Added to Database
February 13, 2026