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    Newport, OR
    School

    Newport, OR Schools 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-Story Mixed-Use Facility
    Updated: May 13
    Two-Story Mixed-Use Facility

    215 NW 15TH Street, Newport, OR 97365

    $1,750,000
    11,232 sqft 1.71 AC lot
    11,232‑square‑foot two‑story facility on 1.71 acres
    Current church and school configuration
    C‑3 Highway (Heavy) Comme zoning designation
    Six bathrooms throughout the building
    Just off Highway 101 in Newport
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    This listing looks promising.

    Here's a quick look at some key insights for

    215 NW 15TH Street, Newport, OR 97365

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    • Est. Cap Rate

      5.9%
      NOI ÷ price

    • Est. NOI

      $103K
      Annual

    • Price @ 7% Cap

      $1.47M
      Suggested

    • Property Type

      Religious, Church, Worship
      Built 1977
    View Property Analytics
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Newport, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Multi-Building Church Campus
    Multi-Building Church Campus

    38520 HIGHWAY 226, Scio, OR 97374

    $899,900
    10,285 sqft 7.24 AC lot

    Church and residential improvements on a rural acreage parcel with classrooms, sanctuary space, and a detached residence.

    View details
    Church Facility with Residential Dwelling
    Church Facility with Residential Dwelling

    38520, 38524 Highway 226, Scio, OR 97374

    $899,900
    10,285 sqft 7.24 AC lot

    Rural religious facility with sanctuary, classroom areas, a separate dwelling, and RR-5 zoning.

    View details
    Five-Structure School Campus
    Five-Structure School Campus

    6425 Fruitland Road NE, Salem, OR 97317

    $1,019,043
    8,343 sqft

    Remodeled educational property offering adaptable classroom, office, and institutional space.

    View details
    Triple Net School Facility
    Triple Net School Facility

    6974 Bates Road S, Salem, OR 97306

    Contact for pricing
    28,805 sqft

    Triple net leased school building with 10 classrooms, administrative offices, and a fenced play area.

    View details

    Off-Market Properties in Newport, OR

    Consider similar Off-Market properties in Newport, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    144 Coast St
    Schools

    144 Coast St, Newport, OR 97365

    Value Estimation by Request
    2,792 sqft
    View details

    Newport, OR Schools Market Trends and Statistics

    Explore 2 schools for sale in Newport, OR on our real estate platform. These investment opportunities span a total of 11,232 square feet of properties for sale, with an estimated market value of $1,750,000.

    Sale prices for school buildings & campuses in Newport, OR average $1,750,000 — 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

    Marinas 5
    1031 exchange properties 2
    Churches & religious facilities 1
    NNN properties 1
    Schools 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 $1.8M

    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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