714 Hurbert St Newport, OR 97365
- Office Properties & Spaces
- 1,008 SF
- 0.07 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 714 Hurbert St
- Year built
- 1938
- Construction
- WOOD
- Lot size
- 0.07 lot acres
- Property size
- 1,008 SF
- Zone code
- C-1;COMMERCIAL
- Property type
- Office Properties & Spaces
- APN
- 11-11-08-BD-05000-00
- APU
- 111108BD0500000
Description
This exceptional 3,049.2 square foot commercial land parcel, located at 714 SW Hurbert Street in Newport, Oregon (zip code 97365), presents a unique investment opportunity. The property, built in 1938, boasts a 1,008 square foot footprint and has undergone significant improvements. These include a new roof, electrical panel and meter, natural gas hookup, a bump-out designed for ADA-compliant bathrooms, reinforced structural beams, attractive vaulted ceilings, new floor joists, and a new sewer line. The property's location within Newport's City Center offers easy access to amenities and is less than half a mile from the beach. Ample parking is available, including street parking, a nearby public lot, and dedicated parking in the rear with potential for an ADA-accessible stall. The rear of the property provides space for a patio or garden. This site is situated within the Newport City Center Revitalization Plan, potentially opening doors to grant funding for facade improvements. Interested parties should contact the City of Newport directly to learn more about the revitalization plan and permitted land uses. The asking price for this remarkable property is $350,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.057
- Latitude
- 44.6334
- CBSA code
- 35440
- CBSA name
- NEWPORT, OR MICROPOLITAN STATISTICAL AREA
