Mixed-Use Property with Secondary
For Sale
Contact for pricing
638 SW Hurbert Street, Newport, OR 97365
The property is zoned C-1 Commercial and offers both on-site and on-street parking.
Property Size23,035 SF
Price / SF$42.33
Days on Market10
Property Features for 638 SW Hurbert Street
General Information
Standard status
Active
Size
23,035 SF
Property subtype
Mixed Use
Zoning
C-1 Commercial
Net Operating Income
$63,254
Additional Details
Gross Income
$82,147
Building Details
Year Built
1915
Buildings
2
Tenancy
Multi
Listing Agency:
Advantage Real Estate Inc.
(541) 961-2085
Listed By:
Freddy Saxton · License #OR
Source:
Crexi
Added: Jul 29
Changed: Aug 3
Last Checked: Aug 6 at 2:02PM
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 Advantage Real Estate Inc.
Investment Insights
Based on property information with market context.
The property at 638 SW Hurbert Street comprises a 21,375-square-foot main building and a 1,660-square-foot secondary building. Built in 1915, the commercial improvements are currently divided into seven rental spaces and are described as well maintained and in solid condition. The property’s former uses included a skating rink and bowling alley.
C-1 Commercial zoning frames the site’s current mixed-use commercial configuration. Parking is available both on site and along the street, while the existing spaces are occupied by long-term tenants. The two-building layout provides a substantial commercial footprint with multiple separately configured areas.
C-1 Commercial zoning frames the site’s current mixed-use commercial configuration. Parking is available both on site and along the street, while the existing spaces are occupied by long-term tenants. The two-building layout provides a substantial commercial footprint with multiple separately configured areas.
Key Highlights
- 21,375 square feet in the main building
- Additional 1,660‑square‑foot secondary building
- Currently divided into 7 rental spaces
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,471
Businesses Nearby
Explore this area
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property is zoned C-1 Commercial and offers both on-site and on-street parking.
Where is this mixed-use property located?
The property is located at 638 SW Hurbert Street Newport, OR.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 21,375 square feet in the main building; Additional 1,660‑square‑foot secondary building; Currently divided into 7 rental spaces
