1025 NW GROVE ST Newport, OR $ 1,500,000
1025 NW GROVE ST
$ 1,500,000
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1025 NW GROVE ST

Newport, OR, 97365
$ 1,500,000
Bedrooms-- Baths-- Sq 16,660

Monthly Estimate*

$ 10,360

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Commercial Property for sale in Newport, OR

for $1,500,000. This 16,660 square foot building was built in 2011.

Three parcels plus three additional lots offer room to bring your vision to life! The property includes a partially finished recreational building constructed with quality materials, metal siding, an installed but not yet connected HVAC system, and a nearly complete fire sprinkler system. Water, sewer, and gas are on-site. Located close to Highway 101 with excellent visibility, this property offers opportunities for investors, developers, or owner-users. Explore residential development, adaptive reuse, or mixed-use possibilities, subject to zoning and approval. Sold as-is; buyer to verify zoning, permitted uses, utilities, and tax details. Bring your ideas!

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 6,800

Style

Commercial

Year Built

2011

Town/City

Newport

County/Region

Lincoln

MLS | Web ID

510062733

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Membrane Metal
Zoning R-4
Construction Materials MetalFrame Other
Year Built 2011
Sale Includes Other
Property Subtype Commercial
Tax Year 2025
Current Use Other
Parcel Number R385588
Gross Income 0
County Lincoln
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions Heading North on 101 Turn Left onto NW 10th Turn Right onto Grove Building on the Left.
City Newport
MLS Area _200
Listing Terms Cash Conventional Other
Tax Annual Amount 6800.51
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PROPERTY ID R385588 OCEANVIEW BLOCK 16 LOT 4 5 PTN OF 3 & VAC A
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Exterior
Parking Features OnStreet
Water Source PublicWater
Total Parking 0
Building Area Total 16660.0
Road Surface Type Paved
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Internal Only
Street Number 1 1025
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* Excluded Features
List By
Coldwell Banker Professional

Broker

lucinda.hage@coldwellbanker.com

Email

Affordability Calculator

$10,927
Per Month
95%
5%
0%
Monthly Principal & Interest
$10,360
Monthly Property Taxes
$567
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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! What's my home worth?
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2026$1,500,000 Listed Price

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1025 NW GROVE ST, Newport, OR, 97365 is a Commercial Property for sale at $1,500,000 with 16,660 sqft. 1025 NW GROVE ST was built in 2011. The property's zip code is 97365 which is in Newport, OR