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Restaurant Building with Separate Parking
For Sale
$625,000

1185 NE Mill Street, Waldport, OR 97394

Commercial Sale, Waldport, OR

Property Size1,440 SF
Lot Size0.33 Acres
Price / SF$434.03
Days on Market295

Property Features for 1185 NE Mill Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C-1 Commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking features Off Street
Accessibility Accessible Approach with Ramp
Lot features Level
Directions From HWY 101 head East onHwy 34. Turn left (North) onMill St. Property is on the right (adjacent to the marina).
Standard status Active
APN R462436
Size 1,440 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4087

Building Details

Year built 1994
Floors in Building 1
Building materials Fiber Cement, HardiPlank Type, Wood Frame
Roof type Composition
Buildings 1
Listing Agency: Premiere Property Group, LLC
Listed By: Brandon Hanson · License #201206837
Added: Jan 7 Changed: Oct 16 Last Checked: Oct 29 at 3:06PM
MLS# 26-99

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.

Rey
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Investment Insights

Based on property information with market context.

The property consists of a 1,440-square-foot restaurant building on a 0.24-acre parcel and a separate 0.09-acre parcel used for parking. Built in 1994, the wood-frame structure has fiber cement and HardiPlank-type exterior materials, a composition roof, off-street parking, and an accessible approach with a ramp. The building includes two bathrooms.

The C-1 Commercial zoning accommodates retail-commercial uses. The restaurant building received upgrades that included a newer roof, siding, and insulation approximately two years before the listing. Furniture and business assets are negotiable but are not included in the sale.

Key Highlights

  • Restaurant building contains 1,440 square feet on a 0.24‑acre parcel
  • Separate 0.09‑acre parcel is used for parking
  • C‑1 Commercial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Locksmith Storage Facility Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97394, OR

5,361
Population
3,686
Households
1.5
Avg Household Size
59
Median Age
28%
College-Educated
95%
High-School Grad
51.7 sq mi
ZIP Area
104
Density / Sq Mi
$57,708
Median Household Income
$31,690
Median Earnings
$1,104
Median Rent
$354,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - C-1 Commercial zoning supports restaurant and other retail-commercial business uses.
Where is this conventional restaurant located?
The property is located at 1185 NE Mill Street Waldport, OR.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Restaurant building contains 1,440 square feet on a 0.24‑acre parcel; Separate 0.09‑acre parcel is used for parking; C‑1 Commercial zoning
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