1025 NW Grove, Newport, OR 97365

Newport
Local realty services provided by:Knipe Realty ERA Powered
1025 NW Grove,Newport, OR 97365
$2,500,000
  • - Beds
  • - Baths
  • 5,440 sq. ft.
  • Single family
  • Active
Listed by: michele m hallmark
Office: coldwell banker professional group - newport
MLS#:26-21
Source:OR_LCBR

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$459.56

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!

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Home facts

  • Year built:2011
  • Listing ID #:26-21
  • Added:80 day(s) ago
  • Updated:March 28, 2026 at 02:40 PM

Rooms and interior

  • Rooms Total:1
  • Basement Description:Slab
  • Living area:5,440 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:2011
  • Building area:5,440 sq. ft.
  • Lot area:0.41 Acres
  • Construction Materials:Aluminum Siding
  • Foundation Description:Slab

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$459.56

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