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$1,599,950
27 Days On Site

500 E 1ST ST
Newberg, OR 97132

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
13,696
SqFt
$117
/SqFt
1910
Built
County:
Yamhill
Listing courtesy of Philip Higgins of Pacific Crest RE Advisors (503) 793-9039
Call Now: 503-308-9050
Is this the listing for you? We can help make it yours.
503-308-9050
500 E 1ST ST500 E 1ST ST500 E 1ST ST500 E 1ST ST
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Monthly Payment (Est.)

$7,300
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Positioned in the heart of Newberg within the renowned Willamette Valley Wine Country, 500 E 1st is a distinguished 1910-era brick landmark offering approximately 14,000 square feet of character-rich mixed-use space. This historical structure blends early 20th-century craftsmanship with flexible modern functionality, presenting a rare opportunity for retail, tasting room, or creative commercial users seeking authentic architectural presence in Oregon’s premier wine country.The main floor encompasses roughly 5,692 square feet of open, light-filled space highlighted by an atrium-like vertical volume and a dramatic second-floor mezzanine that creates visual connectivity and a dynamic customer experience. Expansive brick walls, generous ceiling heights, and vintage structural details establish a warm, timeless ambiance that is increasingly scarce in contemporary commercial inventory.Second Floor: an expansive 5,692-square-foot 2nd floor comprises the mezzanine level for the retail space and a separate apartment which provides exceptional live/work potential, executive housing, or short-term lodging conversion (subject to local approvals). The layout supports multiple living zones while maintaining privacy from the commercial level below, making the property equally suited for an owner-operator or as an income-producing asset.The building also includes a 2,312-square-foot basement, currently utilized as wine lockers, offering ideal conditions for storage, wine-related uses, or additional tenant support space. A secondary alley entrance creates the potential for a separate tenant suite, enhancing leasing flexibility and diversified revenue streams.Altogether, this one-of-a-kind turn-of-the-century charmer delivers historic appeal, functional versatility, and irreplaceable location—an exceptional investment and user opportunity in the core of Newberg’s vibrant downtown corridor.Bonus: adjacent Downtown infill parcel: ±10,018 SF (0.23 acres) available for $330,000

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Listing Snapshot
Price 
$1,599,950
Days On Site 
27 Days
Bedrooms 
N/A
Inside Area (SqFt) 
13,696 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.13 Acres
Year Built 
1910
MLS® Number 
246018046
Status 
Active
Property Tax 
$12,871.13
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.13
Additional Property Use 
OtherRetail
Number Of Stories 
2
Parking 
On Street
Sewer 
Public Sewer
SqFt Total 
13696
Water Source 
Public
Zoning 
CC
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Exterior Features
Construction Details 
Brick
Roof 
Flat
View 
City
Waterview 
City
Community Features
Financing Terms Available 
CashConventional
MLS Area 
_156
Listing courtesy of Philip Higgins of Pacific Crest RE Advisors (503) 793-9039



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Pacific Crest RE Advisors are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-03-29 03:25 PM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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