Commercial Land with Partially Finished
For Sale
$1,500,000
Pending
1025 NW Grove Street, Newport, OR 97365
Commercial Sale, Newport, OR
Property Size16,660 SF
Lot Size0.41 Acres
Days on Market408
Property Features for 1025 NW Grove Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-2 Residential
Subdivision
Ocean View
Directions
Heading North on 101, Turn Left onto NW 10th, Turn Right onto Grove, Building on the Left.
Standard status
Pending
APN
111105CA-2700-00
Size
16,660 SF
Lot size
0.41 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3550
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Water source
Public
Building Details
Year built
2011
Floors in Building
1
Building materials
Aluminum Siding
Roof type
Membrane, Metal
Listing Agency:
Coldwell Banker Professional Group - Newport · Coldwell Banker Real Estate
(541) 994-7760
Listed By:
Michele M Hallmark · License #201235221
(541) 430-5415
Added: Sep 20, 2025
Changed: Nov 1
Last Checked: Nov 1 at 3:06PM
MLS# LC-104901
Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 0.41-acre commercial land property includes three parcels and three additional lots, along with a partially finished recreational building constructed in 2011. The structure has aluminum siding, a metal and membrane roof, and a central natural gas heating system. HVAC equipment is installed but not connected, and the fire sprinkler system is close to completion.
Water, sewer, and gas are on-site, with public water and public sewer. The property is near Highway 101 in Newport and is offered as-is. Zoning is R-2 Residential; any use or development is subject to applicable zoning and approvals.
Water, sewer, and gas are on-site, with public water and public sewer. The property is near Highway 101 in Newport and is offered as-is. Zoning is R-2 Residential; any use or development is subject to applicable zoning and approvals.
Key Highlights
- 0.41‑acre property comprising three parcels and three additional lots
- Partially finished recreational building constructed in 2011
- R‑2 Residential zoning
Property Analytics
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Location Intelligence
Trade Area within ½ mile
725
Businesses Nearby
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Business Placement
Demographics for 97365, OR
10,806
Population
6,026
Households
1.8
Avg Household Size
47
Median Age
31%
College-Educated
91%
High-School Grad
41.5 sq mi
ZIP Area
260
Density / Sq Mi
$60,736
Median Household Income
$30,963
Median Earnings
$1,155
Median Rent
$418,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - R-2-zoned property includes public water and sewer, on-site gas, and a partially completed recreational building.
Where is this commercial land located?
The property is located at 1025 NW Grove Street Newport, OR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 0.41‑acre property comprising three parcels and three additional lots; Partially finished recreational building constructed in 2011; R‑2 Residential zoning
