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1025 NW Grove St, Newport, OR, 97365

0beds
0baths
16,660sqft
$2,500,000
$150price/sqft
$18,513/moest. monthly cost
$740,520/yrincome needed

About This Home

A rare offering of 6 adjacent lots zoned residential but currently utilized for commercial purposes. One parcel includes a partially finished recreational building constructed with quality materials, featuring metal siding, an installed (but not yet connected) HVAC system, a nearly complete fire sprinkler system, and on-site utilities including water, sewer, and gas. Located close to Highway 101, this property offers flexibility and excellent visibility in a great location. It's ideal for investors, developers, or owner-users with vision. Endless options await, whether you're exploring residential development, adaptive reuse, or creative mixed-use possibilities. The property is sold as-is, with buyer to verify zoning, permitted uses, and tax details. Bring your ideas!

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

4/10
Sam Case ElementaryGrades 3-50.4 mi
2/10
Newport Middle SchoolGrades 6-80.7 mi
6/10
Newport High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 2011

Materials

  • Foundation: Slab
  • Roof: Metal,Membrane
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None

Features

  • Finished area below ground: 0
  • Finished area above ground: 16,660

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Gas

Interior Area

  • Total structure area: 16,660
  • Total interior livable area: 16,660 sqft

Property

Details

  • Parcel number: R385588
  • Zoning description: R-4 Residential
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 0.41 Acres