715 SW Hurbert Street, Newport, OR 97365 | MLS #26-1671 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of Martek Real Estate- MLS# 26-1671MLS ProviderSource MLS Verified

715 SW Hurbert StreetNewport, OR 97365

Commercial · 3,960 Sq. ft. | 0.11 Acres
$550,000 Active

715 SW Hurbert Street Overview

Time on Site:
12 days
Visits:
3

Investment opportunity on corner of Hwy 101 and Hurbert Street. This 4-unit building is zoned C-1 and is highly visible from Hwy 101. Located just a few blocks from the ocean beaches. All four units are currently leased. Located within the City Center Revitalization Zone with upcoming grants available for facades. City parking lot adjacent to the building. High-traffic area. Drive-bys welcome; do not disturb tenants.

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715 SW Hurbert Street Facts & Features

  • Type Commercial
  • Sq. ft. 3,960
  • Price/Sq.ft. $139
  • Lot 0.11 Acres

Details

General

Association/HOA

  • Association: false

Income/Expenses

  • Existing Lease Type: CPI Adjustment

Building Information

  • Year Built: 1979

Location/Region

  • County Or Parish: Lincoln

Rent/Lease Information

  • Lease Considered: false
  • Tenant Pays: Electricity,HVAC Maintenance,Internet,Trash Collection

Tax Information

  • Tax Annual Amount: 6613.23
  • Tax Year: 2025

General Information

  • Inclusions: Building
  • Listing Terms: Cash,Conventional
  • Parcel Number: 111108BD-5400-00
  • Property Sub Type: Retail
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard
  • Zoning: C-1 Commercial

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Total: 4

Building Interior

  • Above Grade Finished Area: 3960.0
  • Building Area Source: Assessor
  • Building Area Total: 3960.0

General Information

  • Foundation Details: Concrete Perimeter
  • Levels: One
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Other

Lot Information

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Square Feet: 4791.6
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Cedar
  • Roof: Membrane

General Information

  • Carport: false
  • Number Of Units Leased: 4
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Sewer Connected,Water Connected

715 SW Hurbert Street Neighborhood

Community

97365 (NEWPORT) Demographics

46
Median Age
252
Population Density (per sq. mile)
38%
College Educated
$49,529
Estimated Median Income
2,693
Estimated Total Home Owners
2,073
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
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.

715 SW Hurbert Street 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.

715 SW Hurbert Street Market Data

Based on the last 30 days in this zip code

$620,101
Average List Price
$335
Average Price per Square Foot
17
Properties Sold
106
Average Days on Market
158
Properties for Sale
Calculations provided by Reliance Network

715 SW Hurbert Street History

Date Event Value Agent
6/26/2026Source: Tillamook MLS Price Reduction
$550,000 -4.3%
6/17/2026Source: Tillamook MLS Added to Database
June 17, 2026
1/5/2026Source: Tillamook MLS Added to Database
February 05, 2024