500 E 1ST ST
Newberg, OR, 97132 $ 1,599,950
Bedrooms-- Baths-- Sq 13,696 for $1,599,950. This 13,696 square foot property was built in 1910 on a lot size of 0.13.
Positioned in the heart of Newberg within the renowned Willamette Valley Wine Country, 500 E 1st is a distinguished 1910-era brick landmark offering approximately 14,000 square feet of character-rich mixed-use space. This historical structure blends early 20th-century craftsmanship with flexible modern functionality, presenting a rare opportunity for retail, tasting room, or creative commercial users seeking authentic architectural presence in Oregon’s premier wine country.The main floor encompasses roughly 5,692 square feet of open, light-filled space highlighted by an atrium-like vertical volume and a dramatic second-floor mezzanine that creates visual connectivity and a dynamic customer experience. Expansive brick walls, generous ceiling heights, and vintage structural details establish a warm, timeless ambiance that is increasingly scarce in contemporary commercial inventory.Second Floor: an expansive 5,692-square-foot 2nd floor comprises the mezzanine level for the retail space and a separate apartment which provides exceptional live/work potential, executive housing, or short-term lodging conversion (subject to local approvals). The layout supports multiple living zones while maintaining privacy from the commercial level below, making the property equally suited for an owner-operator or as an income-producing asset.The building also includes a 2,312-square-foot basement, currently utilized as wine lockers, offering ideal conditions for storage, wine-related uses, or additional tenant support space. A secondary alley entrance creates the potential for a separate tenant suite, enhancing leasing flexibility and diversified revenue streams.Altogether, this one-of-a-kind turn-of-the-century charmer delivers historic appeal, functional versatility, and irreplaceable location—an exceptional investment and user opportunity in the core of Newberg’s vibrant downtown corridor.Bonus: adjacent Downtown infill parcel: ±10,018 SF (0.23 acres) available for $330,000
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FeaturesGeneralSewer PublicSewer
Heating Other
Roof Flat
Zoning CC
Construction Materials Brick
Year Built 1910
Sale Includes Building Other Sign
Stories Count 2
Property Subtype Commercial
Tax Year 2025
Current Use Other Retail TastingRoom
Parcel Number 46952
Gross Income 0
County Yamhill
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions 1st & Howard
City Newberg
MLS Area _156
Lot Size Square Feet 5662.0
Listing Terms CallListingAgent Cash Conventional
Tax Annual Amount 12871.13
Property Condition Approximately
Lease Type MonthToMonth
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SEE METES & BOUNDS
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ExteriorParking Features OnStreet
Water Source PublicWater
Number of Buildings 1
Building Area Total 13696.0
Lot Size Acres 0.13
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* Excluded FeaturesList ByPacific Crest Re AdvisorsBroker
NearbyAbout Newberg, OR 23,909 Population
33% Since 2002
$ 55,046 Median Income
34.71 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/2/2026 | $1,599,950 | | Listed Price |