503 E 1st St - Storefront FOR SALE


Newberg, OR 97132
$599,000 USD
503-538-4531
503 E 1st St, Newberg, OR for Sale
$599,000 USD
Storefront - FOR SALE
1/31
null | Request Cap Rate

May '27


503 E 1st St
Newberg, OR 97132


HIGHLIGHTS

  • Downtown Newberg Location
  • Open Layout with High Ceilings
  • New electrical, HVAC and water heater

OVERVIEW

Bring your business vision to life in the heart of Historic Downtown Newberg! This approximately 2,060 square foot commercial building offers a high-visibility location with great foot traffic and all the charm of Oregon wine country. The spacious front area features high ceilings, abundant natural light, and an open layout ready to adapt to a variety of uses. A semi-private dining or meeting room adds versatility, along with a kitchen and bathroom. In the back, a large storage and utility area provides plenty of functional space, with direct access to the alley for convenient deliveries and loading or unloading. The seller has invested approximately $100,000 in improvements and updates to the property since purchasing in 2024, including all-new electrical and water heater. HVAC was new prior to seller purchasing the property in 2024. With C-3 zoning and a prime downtown location surrounded by local shops, restaurants, tasting rooms, and other businesses, this property is ready for its next chapter. Bring your ideas and make the space your own! Building only for sale; existing business and inventory are not included. Showings available outside of business hours.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$319 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bar, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,265 SF

ZONING

C3

APN/PARCEL ID

48460

ASK ABOUT THIS PROPERTY

Kelly HagglundThe Kelly Group Real EstateMore Info
503-538-4531

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Kelly HagglundThe Kelly Group Real EstateMore Info
503-538-4531

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