714 SW Hurbert St Local commercial 94 m² Inoccupé À vendre Newport, OR 97365 319 820 € (3 415,20 €/m²)

Structurally Improved Commercial Shell in Revitalization Zone — $200k+ in Professional Upgrades — Offered at $365,000
A rare opportunity to acquire a fully demo’d, structurally upgraded commercial building in Newport’s active revitalization zone. This property has already undergone over $200,000 in professional improvements, including structural reinforcement, system upgrades, and full interior demo. The costly, unpredictable phase of redevelopment is complete—leaving a clean, open shell ready for final buildout.
Key Features
- Interior professionally demo’d down to the studs & re-framed
- $200k+ invested in structural, system, and foundational improvements
- Flexible commercial zoning for retail, hospitality, gallery, studio, or service concepts
- Strong visibility and easy access from Hwy 101
- Located in a designated revitalization corridor with ongoing public and private investment
- Ideal for value-add investors, owner-operators, and 1031 exchange buyers
- Fast-close potential: as-is, clean title
Why This Property Stands Out
The most expensive and unpredictable phase of redevelopment—demo, structural work, and system upgrades—is already complete. What remains is the creative, high-value portion of the buildout. In a district experiencing renewed energy and long-term growth, this property offers a rare chance to shape a space from the ground up without the risk of hidden surprises.
Offered As-Is at $365,000