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Newport Commercial Spot Near Beach
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714 SW Hurbert Street, Newport, OR 97365

Commercial spot in Newport's City Center, less than half mile to beach.

Property Size1,008 SF
Price / SF$347.22
Days on Market792

Property Features for 714 SW Hurbert Street

General Information

Standard status Active
Size 1,008 SF
Property subtype Land
Zoning C-1

Building Details

Year Built 1938
Listing Agency: Martek Real Estate
Listed By: Doretta Smith · License #200707030
Source: Crexi
Added: Jun 22, 2024 Changed: Aug 21 Last Checked: Aug 21 at 10:13AM

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 Martek Real Estate

Investment Insights

Based on property information with market context.

This commercial spot is located in the heart of Newport's City Center, less than a half mile from the beach. The property, with a size of 1008 square feet, is framed and ready to be finished for business use. Several improvements have been made, including a new roof, new electrical panel and meter, natural gas hookup, structural beams, vaulted ceilings, new floor joists, and a new sewer line. The property offers space in the back suitable for a patio or garden. Parking options include street parking in front, a public parking lot across the street, and dedicated parking in the rear, with potential for an ADA stall. The building is located within the Newport City Center Revitalization Plan, with potential grant money available for the facade. Check with the City of Newport regarding the revitalization plan and permitted uses. Possible seller carry.

Key Highlights

  • Prime location in the heart of Newport's City Center, less than a half mile from the beach.
  • Significant recent improvements including a new roof, electrical panel/meter, sewer line, and structural beams.
  • Multiple parking options: street parking, public lot across the street, and dedicated rear parking with ADA potential.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Grocery & Convenience Store HVAC Service Locksmith Parking Lot & Garage Storage Facility Furniture & Home Goods

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

1,471
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial spot in Newport's City Center, less than half mile to beach.
Where is this commercial land located?
The property is located at 714 SW Hurbert Street Newport, OR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Prime location in the heart of Newport's City Center, less than a half mile from the beach.; Significant recent improvements including a new roof, electrical panel/meter, sewer line, and structural beams.; Multiple parking options: street parking, public lot across the street, and dedicated rear parking with ADA potential.
(541) 961-6688 Call to check price and availability
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