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700 E 1st St 9 495 pi² 100% Loué Commerce de détail Immeuble Newberg, OR 97132 3 159 556 $ CAD (332,76 $ CAD/pi²)
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Faits saillants de l'investissement
- Iconic Romanesque-style building
- Landmark property has been meticulously maintained and is currently a premier professional office venue
- Rare on-site parking lot with 16 dedicated spaces
- Situated on a high-visibility downtown corner
- This is a stabilized, “turn-key” investment featuring a single, long-term tenant
- New Roof: Installed in 2022
Résumé de l'annonce
Prime Corner Location in the Heart of Historic Downtown Newberg
Experience a rare opportunity to own a piece of Newberg’s history. This iconic Romanesque-style building, situated on a high-visibility downtown corner, seamlessly blends turn-of-the-century character with modern structural integrity. Formerly a fraternal meeting hall and later the Ben Franklin Bank, this landmark property has been meticulously maintained and is currently a premier professional office venue.
The Opportunity
This is a stabilized, “turn-key” investment featuring a single, long-term tenant. With recent capital improvements and a location that defines the “center of town,” this property offers both immediate cash flow and long-term asset appreciation.
Building Specifications
Total Office Space: 6,330 SF (Fully outfitted for professional use)
Storage: Full basement (3,100+ SF) providing ample archival or utility space.
Parking: Rare on-site parking lot with 16 dedicated spaces.
Architecture: Classic Romanesque masonry with timeless curb appeal.
Key Upgrades & Maintenance
Invest with confidence knowing the heavy lifting has already been done:
New Roof: Installed in 2022.
HVAC: Updated rooftop units in 2025 for peak efficiency.
Seismic Integrity: Full seismic upgrade and masonry reinforcement completed in 2006.
Renovation: Total interior/exterior professional renovation completed in the mid-2000s.
Location: A Walkable Hub
Located on a central corner in Historic Downtown Newberg, this property boasts a “Walker’s Paradise” atmosphere.
Surroundings: Immediately adjacent to thriving retail shops, art galleries, and professional services.
Amenities: Steps away from Newberg’s best restaurants and cafes.
Visibility: High-traffic corner location ensures the building remains a local landmark.
Investment & Viewing Terms
Note to Investors: This property is fully leased to a stable, long-term tenant. To ensure business continuity for the occupant, please do not disturb the tenant.
VIDEO: https://vimeo.com/1173400903/a423dacb82
Experience a rare opportunity to own a piece of Newberg’s history. This iconic Romanesque-style building, situated on a high-visibility downtown corner, seamlessly blends turn-of-the-century character with modern structural integrity. Formerly a fraternal meeting hall and later the Ben Franklin Bank, this landmark property has been meticulously maintained and is currently a premier professional office venue.
The Opportunity
This is a stabilized, “turn-key” investment featuring a single, long-term tenant. With recent capital improvements and a location that defines the “center of town,” this property offers both immediate cash flow and long-term asset appreciation.
Building Specifications
Total Office Space: 6,330 SF (Fully outfitted for professional use)
Storage: Full basement (3,100+ SF) providing ample archival or utility space.
Parking: Rare on-site parking lot with 16 dedicated spaces.
Architecture: Classic Romanesque masonry with timeless curb appeal.
Key Upgrades & Maintenance
Invest with confidence knowing the heavy lifting has already been done:
New Roof: Installed in 2022.
HVAC: Updated rooftop units in 2025 for peak efficiency.
Seismic Integrity: Full seismic upgrade and masonry reinforcement completed in 2006.
Renovation: Total interior/exterior professional renovation completed in the mid-2000s.
Location: A Walkable Hub
Located on a central corner in Historic Downtown Newberg, this property boasts a “Walker’s Paradise” atmosphere.
Surroundings: Immediately adjacent to thriving retail shops, art galleries, and professional services.
Amenities: Steps away from Newberg’s best restaurants and cafes.
Visibility: High-traffic corner location ensures the building remains a local landmark.
Investment & Viewing Terms
Note to Investors: This property is fully leased to a stable, long-term tenant. To ensure business continuity for the occupant, please do not disturb the tenant.
VIDEO: https://vimeo.com/1173400903/a423dacb82
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Commerce pied immeuble
Taille du bâtiment
9 495 pi²
Classe d’immeuble
C
Année de construction/rénovation
1930/2005
Prix
3 159 556 $ CAD
Prix par pi²
332,76 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,84
Taille du lot
0,26 AC
Zonage
C-3 - C-3 in downtown overlay district in Newberg. Building has historic history.
Stationnement
16 places (2,97 places par 1 000 pi² loué)
Façade
Commodités
- Lot de coin
- Espace d'entreposage
- Climatisation
Moyennement praticable à pied
60/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 49218 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 908 411 $ CAD |
Impôts fonciers
Numéro de lot
49218
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
908 411 $ CAD
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Visite extérieure 3D Matterport
Visite 3D Matterport
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Vue depuis la rue
Rue
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700 E 1st St
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