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2316 E PORTLAND RD Newberg, OR $ 1,875,000
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$ 1,875,000 Get more info
2316 E PORTLAND RD
$ 1,875,000
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2316 E PORTLAND RD

Newberg, OR, 97132
$ 1,875,000
Baths0.0 Sq 8,781

Monthly Estimate*

$ 13,097

2316 E PORTLAND RD, Newberg, OR 97132 - Image 1
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Studio

Commercial Property for sale in Newberg, OR

for $1,875,000. This 8,781 square foot building was built in 1970 on a lot size of 0.9.

Updated, well maintained retail, office strip center in the heart of Newberg for sale for 7.24% cap rate. Vintage Plaza has six well established retail tenants in the spaces, with ample on site parking and good visibility on Hwy 99W on Portland Road in Newberg. Recent updates to parking lot, roof, HVAC and many other building updates are in place. Property shown to buyer with accepted offer only. Contact Listing broker for Proforma. Please do not disturb the Tenants.

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Commercial Active

Price

$ 1,875,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,517

Style

Income

Lot Size

0.9

Year Built

1970

Town/City

Newberg

County/Region

Yamhill

MLS | Web ID

23373118
Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof BuiltUp Flat
Zoning C-2
Construction Materials Frame WoodFrame
Year Built 1970
Sale Includes Building Land Sign
Stories 1
Property SubType Income
Tax Year 2022
Current Use Office Restaurant Retail
Gross Income 0
County Yamhill
Operating Expense 0
Property Type CommercialSale
Status Active
Directions Take 99W towards Newberg property on southside of 99W (E Portland Road) when in Newberg.
City Newberg
MLS Area _156
Lot Size Square Feet 39204.0
Street Name PORTLAND
Listing Terms Cash Conventional
Tax Annual Amount 11517.36
Property Condition UpdatedRemodeled
Days on Market 196
Lease Type NNN
Standard Status Active
Legal Description TOWNSHIP 3S RANGE 2W SECTION 20 QTR A QQTR B TAXLOT 00600
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Exterior
Parking Features OnSite
Water Source PublicWater
Total Parking 50.0
Number of Buildings 2
Building Area Total 8781.0
Lot Size Acres 0.9
Road Surface Type Paved
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Interior
Ceiling Height 9
Street Suffix RD
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Internal Only
Street Number 1 2316
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* Excluded Features
List By
Miller Consulting Group, Llc

Broker

mary@millerconsultinggroup.net

Email

Affordability Calculator

$14,057
Per Month
93%
7%
0%
Monthly Principal & Interest
$13,097
Monthly Property Taxes
$960
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/6/2023$1,875,000 Listed Price

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2316 E PORTLAND RD, Newberg, OR, 97132 is a Commercial Property for sale at $1,875,000 with 8,781 sqft and a lot size of 0.9. 2316 E PORTLAND RD is a studio with 0.0 baths and was built in 1970. The property's zip code is 97132 which is in Newberg, OR

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