334 SW 7th Street, Newport, OR 97365
Centrally located mixed-use building with long rental history in Newport.
- Added:
- Feb 1, 2026
- Days on Market:
- 145
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 334 SW 7th Street
General Information
- Standard status
- Active
- Size
- 3,264 SF
- Property subtype
- Mixed Use, Office, Retail
Building Details
- Year Built
- 1988
Listing office Coldwell Banker Professional Group - Newport
Listing date Feb 1, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Professional Group - Newport
HighLights
- Centrally located in Newport with ground‑level access to all 5 units.
- Fully occupied with long rental history and no vacancies.
- Diverse tenant mix including professional services and county office.
- Ample off‑street parking directly in front of the units.
- Durable concrete tiled roof designed for coastal conditions.
- Solid concrete foundation and overall excellent building condition.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.0k | $26.64 |
| − Vacancy | −$20.0k | −$6.13 |
| EGI | $67.0k | $20.51 |
| − OpEx | −$16.7k | −$5.13 |
| NOI | $50.2k | $15.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.056033
- Latitude
- 44.634448
