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    1145 N Main Ave Tillamook, OR 97141

    For Sale
    $690,000

    COMMERCIAL - Tillamook, OR

    Property size:
    2,657 SF
    Lot size:
    0.67 Acres
    Days on Market:
    217
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 1145 N Main Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    THC
    APN
    120390
    Size
    2,657 SF
    Lot size
    0.67 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    ENERGY STAR Qualified Equipment

    Building Details

    Year built
    1978
    Floors in Building
    1
    Building materials
    WoodSiding
    Roof type
    Metal

    Kelly Right Real Estate of Portland (509) 489-7000 [email protected]

    Listing agent Jin Zhao (503) 719-6056

    Listing date May 9, 2025

    MLS# 23107892 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tillamook Commercial Property on Highway 101

    This commercial property is located in Tillamook, Oregon, situated on Highway 101. The property features a free-standing building with an extra-large parking lot. The building has been leased to a Chinese restaurant for over 12 years, with the current lease being month to month. The tenant is willing to consider a long-term lease. The property can be used for occupancy or investment purposes. A new roof was installed in August 2017 at a cost of $65,000, and the exterior was repainted in 2019. The lot size is 0.67 acres. The property size is 2,657 square feet. The zoning is THC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tillamook
    County
    Tillamook
    State
    Oregon
    Longitude
    -123.843702
    Latitude
    45.464758

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    FAQs

    What type of property is this?
    Conventional restaurant - Commercial property on Highway 101 with high traffic demand.
    Where is this conventional restaurant located?
    The property is located at 1145 N Main Ave Tillamook, OR.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: - Excellent business location directly on Hwy 101 in Tillamook with high traffic demand; - Large parking lot; - Tenant willing to sign a long-term lease
    (503) 719-6056
    Request Owner's contact information
    1145 N Main Ave Tillamook, OR 97141
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    Tillamook, OR 97141
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1145 N Main Ave Tillamook, OR 97141
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