Listing provided courtesy of Miller Consulting Group, LLC- MLS# 320280225
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Request Info700 E 1ST STNewberg, OR 97132
Commercial · 9,565 Sq. ft. | 0.26 Acres$2,300,000
Active
700 E 1ST ST Overview
- Time on Site:
- 104 days
- Visits:
- 3
Iconic downtown Newberg building for sale. This distinctive building was the former meeting hall for a fraternal organization and then the former Ben Franklin Bank building before it was updated to its current professional office venue. This property is a fully leased building with a long term tenant. Please do not disturb the tenant. Showing only with an accepted offer. 6330 square feet of office space with a full basement of over 3100 square feet. This building has been well maintained, was fully renovated in mid 2000's with masonry reinforced in 2006. The building has Romanesque architecture with a new roof, new HVAC rooftop units and so much more. This is a highly walkable location in the heart of historic Downtown Newberg. The property includes an on-site parking lot and many amenities.
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700 E 1ST ST Facts & Features
- Type Commercial
- Sq. ft. 9,565
- Price/Sq.ft. $240
- Lot 0.26 Acres
Details
General
Income/Expenses
- Existing Lease Type: 1 - 5 Years Remaining,Modified Gross
- Gross Income: 0
- Operating Expense: 0
Building Information
- Year Built: 1905
Business Information
- Current Use: Office
Location/Region
- Country: US
- County Or Parish: Yamhill
- MLS Area Major: 156 - Yamhill County including Willamina
Tax Information
- Tax Annual Amount: 10670.78
- Tax Year: 2025
General Information
- Inclusions: Building,Land,Other
- Listing Terms: Cash,Conventional
- Parcel Number: 49218
- Property Condition: Updated/Remodeled
- Property Sub Type: Office
- Property Type: Commercial Sale
- Zoning: C-3
Interior
Building Interior
- Building Area Total: 9565.0
General Information
- Cooling: Central Air
- Heating: Forced Air
- Other Equipment: Fixtures
- Stories: 3
Exterior
Parking Information
- Parking Features: On Site,On Street
- Parking Total: 16.0
Lot Information
- Lot Size Acres: 0.26
- Lot Size Area: 11326
- Lot Size Dimensions: 110 x 103
- Lot Size Square Feet: 11325.0
- Number Of Buildings: 1
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Construction Materials: Brick,Full Basement,Wood Frame
- Roof: Membrane
General Information
- Road Frontage Type: 110
- Sewer: Public Sewer
700 E 1ST ST Neighborhood
Community
97132 (Newberg) Demographics
36
Median Age
475
Population Density (per sq. mile)
46%
College Educated
$80,541
Estimated Median Income
7,217
Estimated Total Home Owners
3,385
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.700 E 1ST ST Monthly Cost
700 E 1ST ST Market Data
Based on the last 30 days in this zip code
$1,050,220
Average List Price
$445
Average Price per Square Foot
42
Properties Sold
113
Average Days on Market
160
Properties for Sale
700 E 1ST ST History
| Date | Value | Agent |
|---|---|---|
| 3/17/2026Source: Regional MLS | March 17, 2026 |