Rare Office-Retail Investment Property In Newberg
$1,995,000
This amazing property in the heart of Newberg, Oregon offers an exceptional investment opportunity that doesn’t come around often! This is a fully leased, well-maintained office/retail complex with five individual buildings that all have long-term tenants in place. Current tenants include Edward Jones, State Farm Insurance, an attorney’s office, a tax professionals office, and a tobacco shop with a drive-up window.
This property screams location, location, location, as it’s situated along the busy Portland Rd (99W) and Deborah Rd in the heart of Newberg’s commercial trade area. It is optimally located near McDonald’s, Newberg Chrysler Dodge Jeep Ram, Newberg Chevrolet, Sherwin Williams, Fred Meyer, Black Bear Diner, Bi-Mart, Springbrook Plaza Shopping Center, Newberg Veterinary Hospital, Safeway, Fernwood Grange Community Center, Providence Newberg, and many other community assets!
- Rare office-retail investment property along 99W in a prominent location
- Next to McDonald’s, and located along major trade area near Portland Road and Deborah Road in Newberg
- Zoned C-2; this property has been well-maintained and consists of five individual structures
- Five long-term tenants with great rental history
- Well-maintained property that includes ample parking and drive-up window for the retail store
- .68 acres; this property is fully paved, landscaped, and buildings are updated as needed
- Broker-accompanied tour of the exterior of the property only until there is an accepted offer
- Do not disturb the tenants
- Call listing brokers for more information
Contact Us to Learn More
Listing Agent
Mary Martin Miller
MBA, CCIM.
Principal Broker/Owner
Licensed in the State of Oregon
Can’t Find What You're Looking For?
Send us a message and we will talk!
Can’t Find What You're Looking For?
Send us a message and we will talk!
We Care About Your Business and Your Future
You have done the hard work, and your business is finally ready to find its home. Take a moment to imagine your perfect property. Can you picture it? Wonderful.
If you can dream it, we can visualize the perfect space to suit your vision.
Perhaps you already have a particular location in mind. Miller Consulting Group will expertly assess that property's suitability so you have certainty if it can or cannot accommodate your needs.
Miller Consulting Group has a vast network with a targeted reach. We use our community connections to your benefit, ensuring you have the best buying experience.
When considering acquiring a property, one of the tricky decisions can be whether to buy or lease. Ultimately, which option is best depends entirely on the benefits you are seeking.
Here are three compelling reasons to consider buying over leasing: greater control, wealth-building possibilities, and tax advantages. While this list is not comprehensive, it is a good place to start asking the right questions.
Do you want to avoid the risk of potential rent hikes?
Do you want the opportunity to build equity?
If your business demands change, do you want the freedom to lease your space and collect rental income?
Are you interested in possible tax advantages that are exclusive to owners?
If this sounds like you, then buying a property could be your ideal path. However, there are many other factors to consider before committing to ownership. Give our team a call to get expert financial insight, projections, and market analysis. We will help you explore your options per your specific business goals. This and more is a part of our comprehensive approach to finding the right commercial property solution for you.
Your business needs are unique, so there is no universal answer to the question of buying versus leasing. The truth can be complex and nuanced, so we gladly offer our services to simplify your search and help effectively achieve your vision.
