700 E 1ST ST, Newberg, OR 97132 | MLS #320280225 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of Miller Consulting Group, LLC- MLS# 320280225MLS Provider

700 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
Community data courtesy of LiveBy, Inc.

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

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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
Calculations provided by Reliance Network

700 E 1ST ST History

Date Event Value Agent
3/17/2026Source: Regional MLS Added to Database
March 17, 2026