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$449,000 Just Listed

  • For Sale
  • Active
  • Office
  • Updated 5 hours ago
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Rare opportunity to own a dual-income mixed-use property just one block from the vibrant heart of downtown Newberg. This classic building features four professional office suites downstairs centered around a common reception area, plus a 2-bedroom apartment upstairs with a private exterior entrance. Positioned as a strategic value-add project, the property is ready for a refresh to reach its full potential. Current office tenants are month-to-month and historically below market value, providing an immediate path to increased equity. The site offers eight off-street parking spots and three storage sheds. This is a great opportunity for an investor or owner-user seeking a versatile live-work space in the Yamhill County core.

Full Property Details for 114 E 2nd St

General

  • Price: $449,000
  • Taxes: $2,297 (2025)
  • Status: Active
  • Type: Office
  • Source: RWMLS
  • MLS ID: 747659273
  • Updated: 3/3/2026
  • Added to Site: 2 day(s) ago

Parking

  • Total Spaces: 7
  • Parking Features: On Site, On Street

Location

  • County: Yamhill
  • Driving Directions: S on Blaine, right on 2nd St

Community

  • Community Name: 156 - Yamhill County including Willamina

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall Unit(s)
  • Heating Type: Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • # Buildings: 1
  • Property Detached: Yes
  • Construction: T-111 Siding, Wood Siding
  • Roof: Composition, Shingle
  • Ceiling Height: 8
  • Stories/Levels: 2
  • Square Feet: 1,882
  • Current Bldg. Use: Office
  • Year Built: 1920
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 9,147
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Lot Dimensions: 80 x 113
  • Frontage: Paved

Financial Considerations

  • Operating Expenses: $11,849
  • Tax Amount: $2,297.3
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Aerial Photo, Floor Plan, Leases
  • Legal Description: TOWNSHIP 3S RANGE 2W SECTION 19 QTR A QQTR B TAXLOT 15800 LOT 8 B
  • Property ID: 51062

Listed by Premiere Property Group, LLC (503) 670-9000, Daniel Roberts (503) 583-2581 and Premiere Property Group, LLC (503) 670-9000, Donald Johnson, P.C. (503) 939-9353

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Listing agents

— 114 E 2nd St —

  • Daniel Roberts

    Premiere Property Group, LLC

    503-670-9000

  • Donald Johnson, P.C.

    Premiere Property Group, LLC

    503-670-9000

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 114 E 2nd St

School District:Newberg Public Schools
NameGradesDistance
Edwards Elementary School
715 East 8th Street, Newberg, OR 97132
K-50.4 mi
Chehalem Valley Middle School
403 West Foothills Drive, Newberg, OR 97132
6-81.8 mi
Newberg Senior High School
2400 Douglas Avenue, Newberg, OR 97132
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 114 E 2nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/03/2026
Listed
$449,000
215.09%
MLS
7/30/2015
Sold
$142,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 114 E 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,297
4%
$142,366
3%
2024
$2,209
4%
$138,219
3%
2023
$2,134
6%
$134,193
6%
2021
$2,020
-3%
$126,489
-3%
2022
$2,076
3%
$130,284
6%
2021
$2,020
13%
$122,805
3%
2019
$1,795
11%
$119,228
15%
2018
$1,620
-6%
$103,952
3%
2017
$1,722
2%
$100,924
3%
2016
$1,687
2%
$97,984
3%
2015
$1,657
7%
$95,132
3%
2014
$1,546
3%
$92,363
3%
2013
$1,496
—
$89,674
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 114 E 2nd St

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NMLS#: 1598647

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Listed by Premiere Property Group, LLC (503) 670-9000, Daniel Roberts (503) 583-2581 and Premiere Property Group, LLC (503) 670-9000, Donald Johnson, P.C. (503) 939-9353

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114 E 2nd St, Newberg, OR 97132 (MLS# 747659273) is a Office property. 114 E 2nd St is currently listed for $449,000 and was received on March 03, 2026. Want to learn more about 114 E 2nd St? Do you have questions about finding other Office real estate for sale in Newberg? You can browse all Newberg real estate or contact a Coldwell Banker agent to request more information.

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