Listing provided courtesy of Pacific Crest RE Advisors- MLS# 246018046MLS ProviderContact Information: 503-793-9039

500 E 1ST STNewberg, OR 97132

Commercial · 13,696 Sq. ft. | 0.13 Acres
$1,599,950 Active

500 E 1ST ST Overview

Time on Site:
119 days
Visits:
4

Located at the prominent corner of E 1st Street and S Howard Street in the heart of Newberg, the Hollingsworth Building is a distinguished 1910-era brick landmark offering 13,696 square feet of character-rich mixed-use space within Oregon's premier Willamette Valley Wine Country. The ground floor encompasses 5,692 SF of open, light-filled retail space crowned by an atrium-like vertical volume and dramatic mezzanine. The floor plan can potentially support two separate tenant spaces, offering flexible leasing options. Expansive brick walls, generous ceiling heights, and vintage structural details create a warm, timeless ambiance ideal for tasting rooms, creative retail, or food & beverage concepts. The second floor spans 5,692 SF split between two uses: approximately one-third is a private apartment, while the remaining two-thirds function as a dramatic mezzanine seating level overlooking the first-floor retail and restaurant space below. An additional 2,312 SF of basement provides critical storage.

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500 E 1ST ST Facts & Features

  • Type Commercial
  • Sq. ft. 13,696
  • Price/Sq.ft. $117
  • Lot 0.13 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Month To Month
  • Gross Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1910

Business Information

  • Current Use: Other,Retail,Tasting Room

Location/Region

  • Country: US
  • County Or Parish: Yamhill
  • MLS Area Major: 156 - Yamhill County including Willamina

Tax Information

  • Tax Annual Amount: 12871.13
  • Tax Year: 2025

General Information

  • Inclusions: Building,Other,Sign
  • Listing Terms: Call Listing Agent,Cash,Conventional
  • Parcel Number: 46952
  • Property Condition: Approximately
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: CC

Interior

Building Interior

  • Building Area Total: 13696.0

General Information

  • Heating: Other
  • Stories: 2

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Size Acres: 0.13
  • Lot Size Square Feet: 5662.0
  • Number Of Buildings: 1
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Flat

General Information

  • Sewer: Public Sewer

500 E 1ST ST Neighborhood

Community

97132 (Newberg) Demographics

36
Median Age
475
Population Density (per sq. mile)
46%
College Educated
$80,541
Estimated Median Income
7,217
Estimated Total Home Owners
3,385
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

500 E 1ST ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

500 E 1ST ST Market Data

Based on the last 30 days in this zip code

$1,050,220
Average List Price
$445
Average Price per Square Foot
42
Properties Sold
113
Average Days on Market
160
Properties for Sale
Calculations provided by Reliance Network

500 E 1ST ST History

Date Event Value Agent
3/2/2026Source: Regional MLS Added to Database
March 02, 2026