754 SW COAST HWY

Newport, 97365

  • Bed

  • Bath

  • 13924 SqFt

  • 82 DOM

  • Built: 1947

  • Status: Active

$1,795,000

X

754 SW COAST HWY

Newport 97365

$1795000

  • Bed

  • Bath

  • 13924 SqFt

  • 82 DOM

  • Built: 1947

  • Status: Active

Love this home?

Venkatesan Muthu

Broker

(971) 330-1856

Newport Bay Motel – Ocean Views | 37 Units | Excellent Location | CASH ONLYIncredible investment opportunity on the central Oregon Coast. The Newport Bay Motel occupies a full city block in a highly visible, high-traffic area of Newport. This 37-unit property includes 12 standard motel rooms and 4 larger motel rooms. There are 8 apartment-style units with full kitchens and one or two bedrooms, located on the south side’s first and second floors—some offering peek-a-boo ocean views. Additionally, the ground level features 12 spacious apartment units, each with a full kitchen, large living room, bathroom, and bedroom. Some of these units have already been renovated, while others are mid-renovation. On the north side, there is a large two-bedroom unit with an attached garage. Seven individual garages sit beneath the southside apartments along Case Street.The location is truly exceptional. This property is bordered by Hwy 101 (Coast Highway), Case Street, 7th Street, and Abbey Street. Dutch Bros Coffee is next door, the brand-new hospital is directly across the street, and the beach and ocean are just a few blocks away. The elevated position of the building provides select units with ocean views and coastal breezes, making this a desirable place to stay or invest.This is a distressed receivership sale and will be accepting cash offers only. Financed offers will not be considered. No financial documents are available—there is no rent roll, P&L, lease agreements, or deposit records. Interior access is not available until an offer has been accepted. This is an as-is sale, and buyers are urged to conduct exterior drive-bys only. Do not disturb tenants under any circumstances.Opportunities like this are rare—own an entire block in one of the Oregon Coast’s most sought-after towns, just steps from the beach and key local amenities. With vision and capital, this property has outstanding redevelopment or income potential.

Features and Utilities

  • Other

  • WallHeater, Zoned

  • PublicSewer

  • Electricity, Gas

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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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