Retail Space with
For Sale
$749,000
113 N HOLLADAY Dr, Seaside, OR 97138
CommercialSale, Seaside, OR
Property Size2,019 SF
Lot Size0.18 Acres
Price / SF$370.98
Days on Market212
Property Features for 113 N HOLLADAY Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C3
Directions
Highway 101, turn West on 2nd Ave, property is on the corner of 2nd and Holladay.
Subdivision
_184
Standard status
Active
APN
11537
Size
2,019 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Description
OCEAN GROVE 1ST ADD LT 21, 22 BLK 4
Tax Annual Amount
3663
Legal Description
OCEAN GROVE 1ST ADD LT 21, 22 BLK 4
Utilities
Heating system
Forced Air
Amenities
garage
Building Details
Year built
1940
Floors in Building
1
Building materials
LapSiding, MetalSiding
Roof type
Composition
Listing Agency:
Windermere Realty Trust · Windermere Real Estate
(503) 738-8522
Listed By:
Jody Conser · License #201237903
(503) 440-0457
Added: Mar 13
Changed: Aug 25
Last Checked: Oct 10 at 10:06AM
MLS# 109242056
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 2,019-square-foot retail property occupies a 0.18-acre site and includes a garage that can support parking, storage, or operational needs. The building dates to 1940 and features lap and metal siding, forced-air heating, and a composition roof. Nine dedicated parking spaces are also provided.
Located at 113 N Holladay Dr in downtown Seaside, the property offers a central commercial setting within Clatsop County. The source information identifies potential applications including medical or dental offices, legal or accounting practices, wellness and beauty services, boutique retail, and restaurant or café use, subject to applicable zoning requirements. The property is designated C3.
Located at 113 N Holladay Dr in downtown Seaside, the property offers a central commercial setting within Clatsop County. The source information identifies potential applications including medical or dental offices, legal or accounting practices, wellness and beauty services, boutique retail, and restaurant or café use, subject to applicable zoning requirements. The property is designated C3.
Key Highlights
- 2,019 square feet of retail space on a 0.18‑acre site
- C3 zoning
- 9 dedicated parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,900
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,000
$678.0K
Cap Rate 7%
$484,286
$484.3K
Cap Rate 9%
$376,667
$376.7K
Market Conditions
NOI Build-Up for 2,019 SF
Gross rent
$53.3K $26.40/SF
− Vacancy
−$8.1K −$4.01/SF
EGI
$45.2K $22.39/SF
− OpEx
−$11.3K −$5.60/SF
NOI
$33.9K $16.79/SF
Area
Clatsop County, OR
Vacancy
15.20%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,000
Cap Rate 7%
$484,286
Cap Rate 9%
$376,667
Alternative Uses
Best Use
Office B
$484.3K
$423.8K – $565.0K
NOI $33,900 @ 7.0% cap · market cap 4.53%
Second Best
Retail
$443.2K
$387.8K – $517.1K
NOI $31,023 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$587.0K
$513.6K – $684.9K
NOI $41,091 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
979
Businesses Nearby
Explore this area
Business Placement
Demographics for 97138, OR
11,248
Population
7,785
Households
1.4
Avg Household Size
48
Median Age
28%
College-Educated
92%
High-School Grad
146.0 sq mi
ZIP Area
77
Density / Sq Mi
$51,993
Median Household Income
$39,285
Median Earnings
$1,004
Median Rent
$433,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Retail space - C3-zoned commercial property with dedicated parking and an additional garage.
Where is this retail space located?
The property is located at 113 N HOLLADAY Dr Seaside, 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: 2,019 square feet of retail space on a 0.18‑acre site; C3 zoning; 9 dedicated parking spaces
