1025 NW Grove st - Industrial FOR SALE


Newport, OR 97365
$2,799,999 USD
541-430-5415
1025 NW Grove st, Newport, OR for Sale
$2,799,999 USD
Industrial - FOR SALE
1/51
null | Request Cap Rate

1025 NW Grove st
Newport, OR 97365


OVERVIEW

A rare offering of 6 adjacent lots zoned residential but currently utilized for commercial purposes. One parcel includes a partially finished recreational building constructed with quality materials, featuring metal siding, an installed (but not yet connected) HVAC system, a nearly complete fire sprinkler system, and on-site utilities including water, sewer, and gas. Located close to Highway 101, this property offers flexibility and excellent visibility in a great location. It's ideal for investors, developers, or owner-users with vision. Endless options await, whether you're exploring residential development, adaptive reuse, or creative mixed-use possibilities. The property is sold as-is, with buyer to verify zoning, permitted uses, and tax details. Bring your ideas!

FOR SALE DETAILS

PRICE

$2,799,999 USD

PRICE/SF

$515 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Church of the Nazarene

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2011

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23

LAND SF

10,019

ZONING

R-2

APN/PARCEL ID

R383214

ASK ABOUT THIS PROPERTY

Michele HallmarkColdwell Banker Professional Group - NewportMore Info
541-430-5415

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Michele HallmarkColdwell Banker Professional Group - NewportMore Info
541-430-5415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.