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Property summary
Constructed in 1888, the 1888 Building is a historic corner mixed-use property located at the intersection of 1st and Meridian Street in downtown Newberg, Yamhill County. The building includes ground-floor commercial space configured for uses such as restaurant, tasting room, retail, or hospitality, and an upper level with two residential units that have been used as short-term rentals. The structure retains original architectural details and has prominent street-facing presence due to its corner location. The property is zoned C3 and sits on a 0.17-acre lot.
Property profile
VerifiedCap rate & NOI
Current use
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Corporate Office
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Hair Salon Nail Salon
Location
Value estimations
Owner & transaction history
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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