Historic 2-Story Mixed-Use
260 W Willow Street, Waldport, OR 97394
COMMERCIAL - Waldport, OR
Property size:
2,513 SFLot size:
0.12 AcresPrice / SF:
$298/SF- Added:
- Mar 14, 2026
- Days on Market:
- 106
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 260 W Willow Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- D-D Downtown District (Wa
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking
- 6
- Parking features
- Open, Driveway, RV
- Window features
- Double Pane Windows
- Appliances
- Water Heater, Refrigerator
- Standard status
- Active
- APN
- 131119AC-4300-00
- Size
- 2,513 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3757
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Flooring type
- Carpet, Vinyl
- Building materials
- Vinyl Siding
- Roof type
- Composition
Listing agent Michelle Barnes License #201213169 (760) 412-2992
Listing office Taylor & Taylor Realty Company 3891 NW Hwy 101, Lincoln City, OR (800) 462-0197
Listing date Mar 14, 2026
MLS# 26-602
Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Historic 1930, 2‑story home with significant 1990 remodel and 2,513 sqft of flexible interior space
- Downtown District zoning offers a range of uses, including commercial, residential, or mixed use (buyer to verify desired use with the City)
- During the 1990 remodel: property lifted 1 inch over the floodplain, with new foundation and sump pump added per seller
- Central air cooling; newer AC installed approx. 6 years ago per seller
- Public water and public sewer; heating includes electric and natural gas
- Parking includes RV, driveway, open spaces, and a carport
Overview
This historic 1930s, two-story building was significantly remodeled in 1990 and is designed for flexible use with both living areas and versatile office space. Inside, the second floor is reached via a wide staircase that can support a reception area or a large great or family room, with generous windows for natural light. Additional rooms provide office or secondary space, along with ample storage throughout. The property also includes multiple parking spaces and a carport. Per the seller, a newer AC unit was installed approximately six years ago.
Zoned for Downtown District use, the City indicates the property may support a wide range of commercial use, residential use, or a mixed-use setup, subject to buyer confirmation for the desired application. The building is located in the heart of Waldport, with nearby shops, schools, and attractions, and it is described as being close to the water.
With zoning flexibility and a layout that can accommodate either business or residential configurations, this property may fit owner-users and operators looking for a single site that can support office or lodging-style living arrangements. The seller notes floodplain-related improvements completed during the 1990 remodel, including lifting the property one inch over the floodplain, adding a new foundation, and installing a sump pump. Buyer to verify intended use with the City.
Zoned for Downtown District use, the City indicates the property may support a wide range of commercial use, residential use, or a mixed-use setup, subject to buyer confirmation for the desired application. The building is located in the heart of Waldport, with nearby shops, schools, and attractions, and it is described as being close to the water.
With zoning flexibility and a layout that can accommodate either business or residential configurations, this property may fit owner-users and operators looking for a single site that can support office or lodging-style living arrangements. The seller notes floodplain-related improvements completed during the 1990 remodel, including lifting the property one inch over the floodplain, adding a new foundation, and installing a sump pump. Buyer to verify intended use with the City.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.9k | $26.64 |
| − Vacancy | −$15.4k | −$6.13 |
| EGI | $51.5k | $20.51 |
| − OpEx | −$12.9k | −$5.13 |
| NOI | $38.7k | $15.38 |
2,513 SF · lease $26.64/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$552.3K
$483.3K – $644.4K
NOI $38,661 @ 7.0% cap · market cap 5.16%
Second Best
Mixed Use
$329.0K
$287.9K – $383.9K
NOI $23,032 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$655.5K
$573.5K – $764.7K
NOI $45,883 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Lee Palmer LTC ...
Tax Preparation
Location Insight
- Map
- Local Demand
- City
- Waldport
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.063723
- Latitude
- 44.426277
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Historic 1930s building remodeled in 1990 offers flexible commercial and residential use in downtown Waldport.
Where is this mixed-use property located?
The property is located at 260 W Willow Street Waldport, OR.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Historic 1930, 2‑story home with significant 1990 remodel and 2,513 sqft of flexible interior space; Downtown District zoning offers a range of uses, including commercial, residential, or mixed use (buyer to verify desired use with the City); During the 1990 remodel: property lifted 1 inch over the floodplain, with new foundation and sump pump added per seller
