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    Newport, OR
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    Newport, OR Office Buildings for Sale

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    Toledo, OR Otter Rock, OR Seal Rock, OR Siletz, OR Depoe Bay, OR Waldport, OR Logsden, OR Blodgett, OR
    Two-Level Office Building
    Updated: May 9, 2023
    Two-Level Office Building

    242 W Olive Street, Newport, OR 97365

    $579,000
    2,295 sqft 0.29 AC lot
    2,295 SF office building on a 0.29‑acre site
    Two levels with separate metering
    Main level includes 4 offices, reception, kitchen‑break room, and bathroom
    Upper level includes 2 offices, reception, kitchen‑break room, and bathroom
    C‑1 Commercial zoning with public water and public sewer
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Newport, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Unit Office Building
    Two-Unit Office Building

    950 Southeast Uglow Avenue, Dallas, OR 97338

    $690,000
    3,760 sqft

    Built in 1978, this two-unit office building offers 3,760 SF and is currently 31% occupied.

    View details
    Two-Level Multi-Tenant Office Building
    Two-Level Multi-Tenant Office Building

    306 Main St, Dallas, OR 97338

    Contact for pricing
    10,414 sqft 0.78 AC lot

    100% leased, two-level office building zoned CG-Commercial General in Dallas, Oregon.

    View details
    Office
    Office

    NW 5th St, Corvallis, OR 97330

    Contact for pricing

    Office buildings

    View details
    Professional Office Building For Sale
    Professional Office Building For Sale

    2165 NW Professional Dr, Corvallis, OR 97330

    Contact for pricing
    7,070 sqft

    7,070 SF office building in Walnut Professional Center.

    View details

    Newport, OR Office Buildings Market Trends and Statistics

    Explore 1 office buildings for sale in Newport, OR on our real estate platform. These investment opportunities span a total of 2,295 square feet of properties for sale, with an estimated market value of $579,000.

    Sale prices for office properties in Newport, OR average $579,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 2
    Medical Office Space 1
    Office buildings 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +13.0%
    Median Household Income $64,477
    College Educated 46.5%

    High-Yield Neighborhoods for Investment

    Identify Newport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97365 $579K

    Taxes & Financing

    Tax Rate (average for all types) 1.80%
    Property Tax per SF $6.54 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

    Total CRE Inventory on Market (SF)

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