714 SW Hurbert St - Retail FOR SALE


Newport, OR 97365
$365,000 USD
971-506-0890
714 SW Hurbert St, Newport, OR for Sale
$365,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

May '26


714 SW Hurbert St
Newport, OR 97365


HIGHLIGHTS

  • Has Electric, Gas & Water in place
  • Has Basement
  • Outdoor Patio

OVERVIEW

Structurally Improved Commercial Shell in Revitalization Zone — $200k+ in Professional Upgrades — Offered at $365,000 A rare opportunity to acquire a fully demo’d, structurally upgraded commercial building in Newport’s active revitalization zone. This property has already undergone over $200,000 in professional improvements, including structural reinforcement, system upgrades, and full interior demo. The costly, unpredictable phase of redevelopment is complete—leaving a clean, open shell ready for final buildout. Key Features - Interior professionally demo’d down to the studs & re-framed - $200k+ invested in structural, system, and foundational improvements - Flexible commercial zoning for retail, hospitality, gallery, studio, or service concepts - Strong visibility and easy access from Hwy 101 - Located in a designated revitalization corridor with ongoing public and private investment - Ideal for value-add investors, owner-operators, and 1031 exchange buyers - Fast-close potential: as-is, clean title Why This Property Stands Out The most expensive and unpredictable phase of redevelopment—demo, structural work, and system upgrades—is already complete. What remains is the creative, high-value portion of the buildout. In a district experiencing renewed energy and long-term growth, this property offers a rare chance to shape a space from the ground up without the risk of hidden surprises. Offered As-Is at $365,000

FOR SALE DETAILS

PRICE

$365,000 USD

PRICE/SF

$362 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Day Care Center, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,009 SF

ZONING

C-1

APN/PARCEL ID

R28515

ASK ABOUT THIS PROPERTY

Todd LoringBlood & Sand LLCMore Info
971-506-0890

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Todd LoringBlood & Sand LLCMore Info
971-506-0890

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