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Brick Mixed-Use Building

500 E 1st St, Newberg, OR 97132

For Sale
$1,400,000

CC-zoned property combines ground-level retail with upper-floor residential and mezzanine space.

Property Size13,696 SF
Price / SF$102.22
Days on Market19

Property Features for 500 E 1st St

General Information

Standard status Active
Size 13,696 SF
Property subtype Commercial
Zoning CC

Site & Location

Corner Location Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Annual Taxes $12,871

Building Details

Building Size 13,696 SF
Year Built 1910
Buildings 1
Stories 2
Construction brick
Listing Agency: Pacific Crest RE Advisors
Listed By: Philip Higgins · License #960900059
Source: Duanejohnson
Added: Oct 22 Changed: Nov 7 Last Checked: Nov 8 at 3:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pacific Crest RE Advisors

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Investment Insights

Based on property information with market context.

Built in 1910, this brick mixed-use property contains 13,696 square feet across three levels. The ground floor offers 5,692 square feet of open retail space with a tall atrium-like volume and mezzanine; the layout may accommodate two tenant spaces. The 5,692-square-foot second floor includes a private apartment occupying about one-third of the level, with the balance used for mezzanine seating overlooking the retail and restaurant space. A 2,312-square-foot basement provides storage.

The building stands at the corner of E 1st Street and S Howard Street in Newberg, Oregon. Its zoning is CC.

Key Highlights

  • 13,696 square feet of mixed‑use space
  • 5,692‑square‑foot ground‑floor retail area with mezzanine
  • Ground‑floor layout may support two tenant spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Newberg Wine Lockers Specialty Food Shop Newberg Bike and eBike ... (Bike/Boat/Book/etc) Store Social Goods: Beer ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Barber Shop Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

932
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 72% Shops & Services 28%
Wells Fargo Shops & Services
4,187 visits/mo 0.0 miles
Burrito Loco Dining
3,827 visits/mo 0.3 miles
Papa Murphy's Dining
3,519 visits/mo 0.3 miles
Domino's Pizza Dining
2,760 visits/mo 0.1 miles
SUBWAY Dining
2,269 visits/mo 0.4 miles

Demographics for 97132, OR

32,028
Population
12,411
Households
2.6
Avg Household Size
38
Median Age
39%
College-Educated
93%
High-School Grad
62.6 sq mi
ZIP Area
512
Density / Sq Mi
$95,150
Median Household Income
$46,005
Median Earnings
$1,567
Median Rent
$498,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - CC-zoned property combines ground-level retail with upper-floor residential and mezzanine space.
Where is this mixed-use property located?
The property is located at 500 E 1st St Newberg, OR.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 13,696 square feet of mixed‑use space; 5,692‑square‑foot ground‑floor retail area with mezzanine; Ground‑floor layout may support two tenant spaces
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