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1025 NW Grove Street

Newport, OR 97365
  • $2,500,000
  • STATUS: Active
  • ON SITE: 62 Days
  • MLS #: 26-21
Price Reduced
UPDATED: 57 min ago
$2,500,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,440
    SQFT
  • $460
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2011
County:
Area:

School Ratings & Info

Description

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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© 2026 Lincoln County Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ladd Group, Cascade Sotheby's International Realty. Data last updated: 2026-03-10T23:33:22.3.
www.bendpropertysource.com/homes/171808299
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1025 NW Grove Street Newport, OR 97365

  • Price: $2,500,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 57 min ago
  • MLS #: 26-21
0
Beds
0
Baths
0
½ Baths
0.41
Acres
5,440
SQFT
$460
$/SQFT
2011
Built
Neighborhood:
Ocean View
County:
Lincoln
Area:
Newport
Property Description
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!
Exterior Features

Architectural Style Other Carport YN No Exterior Features [] Fencing [] Foundation Details Slab Garage YN No Parking Features [] Patio And Porch Features [] Road Frontage Type [] Road Surface Type Paved Roof MembraneMetal View None Window Features []

Interior Features

Above Grade Finished Area 5440 Appliances None Basement [] Basement YN No Bathrooms Total Integer 0 Below Grade Finished Area 0 Cooling GasCentral Air Cooling YN Yes Electric [] Fireplace Features [] Fireplace YN No Flooring [] Heating Natural GasCentral Heating YN Yes Interior Features [] Laundry Features [] Levels Two Rooms Total 1

Property Features

Accessibility Features [] Accessory Dwelling Unit YN No Additional Parcels Description R378636R376219R371472R383214R380867 Association Amenities [] Association Fee Includes [] Association YN No Body Type [] Community Features Curbs Construction Materials Aluminum Siding Green Energy Generation [] Home Warranty YN No Lease Considered YN No Listing Terms 1031 ExchangeCashConventional Lot Features [] New Construction YN No Other Equipment [] Other Structures None Possession Close Of Escrow Property Sub Type Single Family Residence Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 0 Tax Lot 2700 Tax Map Number 111105CA Tax Year 2024 Utilities Electricity ConnectedNatural Gas ConnectedWater Available Water Source Public Waterfront YN No Zoning R-4 Residential

© 2026 Lincoln County Multiple Listing Service, Inc. All rights reserved. Listing provided courtesy of Coldwell Banker Professional Group - Newport: 541-994-7760.


© 2026 Lincoln County Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ladd Group, Cascade Sotheby's International Realty. Data last updated: 2026-03-10T23:33:22.3.
 
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Ladd Group, Cascade Sotheby's International Realty
650 SW Bond St, Suite 100
Bend OR, 97702