426 NW

Newport, 97365

  • Bed

  • Bath

  • 6505 SqFt

  • 207 DOM

  • Built: 1974

  • Status: Active

$2,399,000

Price cut: $196K (08-29-2025)

X

426 NW

Newport 97365

$2399000

Price cut: $196K (08-29-2025)

  • Bed

  • Bath

  • 6505 SqFt

  • 207 DOM

  • Built: 1974

  • Status: Active

Love this home?

Venkatesan Muthu

Broker

(971) 330-1856

Prime commercial investment opportunity in the Nye District. Formerly operating as ''The Taphouse,'' this fully equipped restaurant and bar is ready for its next chapter, offering an incredible investment opportunity. The sale includes all existing furnishings, fixtures, and equipment, making it a turnkey space for a new concept. Located in a high-foot-traffic area near beach access, this property benefits from a steady flow of locals and tourists alike. In addition to the restaurant/bar space, the sale includes an additional parking lot and two commercial storefronts. Both storefronts are currently leased, providing immediate rental income. The sale for the storefronts is for the real estate only, not the existing businesses. Take advantage of this opportunity today!

Residence Information

  • 6505

  • BuiltUp

  • OffSite,OnSite

  • 1

  • 1974

  • No

Features and Utilities

  • None

  • ForcedAir

  • PublicSewer

  • Electricity, Gas

Financial

  • 11788

  • Cash,Conventional

  • 02-10-2025

  • No

  • No

Comparable Information

  • 207

  • 224

  • Cash,Conventional

  • $2,950,000

  • $2,399,000

  • Sep 05, 2025 15:58

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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.

— Jagathishp

Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.

— Vignesh Chan

Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.

— Praveen

Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.

— Alishetty

Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.

— Ramren Garajan

Thinking about buying or selling. Let’s Talk.

Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!

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