$565,000
Newport, OR 97365
MLS# 26-191
Status: Closed
5 baths | 3264 sqft
1 / 40
Property Description
Centrally Located in the heart of Newport, this building holds 5 separate units, each with long rental history and no vacancies. Building suits a variety of needs, with ground-level access to all units. Current tenants include massage parlor, counseling services, nail and beauty salon, and an office for Lincoln County. Built in 1988, with impressive concrete foundation, the building is an excellent shape. Concrete tiled roof built to stand-up to our salt air for decades to come. City lot has ample off-street parking directly in front of units. Three units are accessed from SW Hurbert, and the other two units are accessed from SW 7th.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2026-05-26
Purchase Contract Date: 2026-03-24
Close Date: 2026-05-22
Close Price: 565000
Address
Within City Limits?: Yes
Street Number: 334
Street Direction Prefix: SW
Street Name: 7th
Street Suffix: Street
County: Lincoln
State: OR
Postal Code: 97365
Directions: From HWY 101, turn West on SW Hurbert. Take first Right onto SW 7th. Enter second parking lot, and find 334 SW 7th on left hand side.
Cross Street: SW Hurbert
Parcel Number: R500817
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Interior
Basement YN: No
Fireplace YN: No
Furnished: Unfurnished
Above Grade Finished Area: 3264
Living Area: 3264
Building Area Source: Assessor
Bathrooms Total: 5
Building
Year Built Source: Assessor
Accessibility Features YN: Yes
Number Of Buildings: 1
Year Built: 1988
Stories Total: 1
Lot
Water Body Access YN: No
Accessory Dwelling Unit YN: No
Lot Size Acres: 0.22
Lot Size Square Feet: 9583.2
Utilities
Cable Available: 1
Electricity Connected: 1
Phone Available: 1
Sewer Connected: 1
Water Connected: 1
Accessibility Features
Accessible Approach with Ramp: 1
Appliances
Water Heater: 1
Building and Property Details
# Of Tenants: 4
Building and Property Condition: Great Condition
Exterior Color: Light Blue
Construction Materials
Concrete: 1
Engineered Wood Siding: 1
HardiPlank Type: 1
Wood Frame: 1
Fencing
Partial: 1
Flooring
Carpet: 1
Laminate: 1
Tile: 1
Vinyl: 1
Foundation Details
Concrete Perimeter: 1
Permanent: 1
Slab: 1
Heating
Electric: 1
Baseboard: 1
Radiant: 1
Zoned: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Submit: 1
Lot Features
Other: 1
Other Structures
None: 1
Parking Features
Paved: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Road Frontage Type
City Street: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Asphalt: 1
Paved: 1
Roof
Tile: 1
Security Features
Carbon Monoxide Detector(s): 1
Security Gate: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Special Listing Conditions
Standard: 1
View
None: 1
Water Body View
No: 1
Water Heater
Electric: 1
Water Source
Public: 1
Window Features
Double Pane Windows: 1
Owner Pays
Exterior Maintenance: 1
Repairs: 1
Roof Maintenance: 1
Taxes: 1
Water: 1
Tenant Pays
Electricity: 1
Building Features
Laundry Facilities: 1
Meeting Room(s): 1
Private Restroom(s): 1
Reception Area: 1
Separate Office Area: 1
Storage: 1
Business Details
Equip/FF Incl Y/N: No
Business Type
Administrative and Support: 1
Barber/Beauty: 1
Health Services: 1
Other: 1
Existing Lease Type
Gross: 1
Location of Property
Central Business District: 1
City: 1
Sale Includes
Building: 1
Land: 1
Additional Tax and Location Information
Highway 101: West Side
Property Tax ID #: R500817
Subdivision Block: BLOCK 62
Subdivision Parcel/Lot: LOT 2-4,9-11,PTNS OF
Subdivision Phase/Addition: 2
Tax District: 115
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Documents
Plat Map: 1
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Mixed Use
Contract
Current Price: $565,000
Status: Closed
Begin Date: 2026-01-31
Sold Price: $565,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Bayley and Case's
Tax Annual Amount: 5416.85
Tax Year: 2025
Zoning: C-1 Commercial
Tax Lot: 302
Tax Map Number: 111108BD
Parking Information
Parking Total: 13
Unit Details
Number Of Units Leased: 5
Property Features
Utilities: Cable Available; Electricity Connected; Phone Available; Sewer Connected; Water Connected; Cable Available; Electricity Connected; Phone Available; Sewer Connected; Water Connected
Accessibility Features: Accessible Approach with Ramp
Appliances: Water Heater
Building Features: Laundry Facilities; Meeting Room(s); Private Restroom(s); Reception Area; Separate Office Area; Storage
Business Type: Administrative and Support; Barber/Beauty; Health Services; Other
Construction Materials: Concrete; Engineered Wood Siding; HardiPlank Type; Wood Frame
Existing Lease Type: Gross
Fencing: Partial
Flooring: Carpet; Laminate; Tile; Vinyl
Foundation Details: Concrete Perimeter; Permanent; Slab
Heating: Electric; Baseboard; Radiant; Zoned
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional; Submit
Location of Property: Central Business District
Lot Features: Other
Other Structures: None
Owner Pays: Exterior Maintenance; Repairs; Roof Maintenance; Taxes; Water
Parking Features: Paved
Possession: Close Of Escrow; Negotiable
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt; Paved
Roof: Tile
Sale Includes: Building; Land
Security Features: Carbon Monoxide Detector(s); Security Gate; Smoke Detector(s)
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: Electricity
View: None
Water Body View: No
Water Heater: Electric
Water Source: Public
Window Features: Double Pane Windows
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Documents: Plat Map
Floor Plan 
Listing Office: Coldwell Banker Professional Group - Newport
Last Updated: May - 26 - 2026
Information deemed reliable but not guaranteed.