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Restaurant Building Near Dock Marina
For Sale
$725,000

1185 Ne Mill St, Waldport, OR 97394

Commercial building near Dock of the Bay Marina in Waldport.

Property Size1,440 SF
Lot Size0.33 Acres
Price / SF$503.47
Days on Market234

Property Features for 1185 Ne Mill St

General Information

Standard status Active
Size 1,440 SF
Lot size 0.33 Acres

Taxes and HOA fees

Annual Taxes $4,087
Listing Agency: PREMIERE PROPERTY GROUP, LLC ALBANY
Listed By: BRANDON HANSON · License #201206837
Source: Exprealty
Added: Jan 7 Changed: Aug 27 Last Checked: Aug 28 at 12:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PREMIERE PROPERTY GROUP, LLC ALBANY

Investment Insights

Based on property information with market context.

This property presents an opportunity to own a building adjacent to Dock of the Bay Marina in Waldport. The listing includes two tax lots: a 0.24-acre parcel with a 1,440 square foot building, previously known as Azul Mexican Restaurant, and a 0.09-acre parcel used for parking. The property is zoned C-1 (Retail Commercial), offering flexibility for various business ventures, including owning a restaurant or creating another business. The building underwent several upgrades approximately two years ago, including a newer roof, siding, and insulation. Furniture and business assets are negotiable but are not included in the list price.

Key Highlights

  • Adjacent to Dock of the Bay Marina.
  • Flexible C‑1 (Retail Commercial) zoning allows for various business opportunities.
  • Includes two tax lots: a .24 acre parcel with a 1440sf building and a .09 acre parking parcel.

Property 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

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial building near Dock of the Bay Marina in Waldport.
Where is this conventional restaurant located?
The property is located at 1185 Ne Mill St Waldport, OR.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Adjacent to Dock of the Bay Marina.; Flexible C‑1 (Retail Commercial) zoning allows for various business opportunities.; Includes two tax lots: a .24 acre parcel with a 1440sf building and a .09 acre parking parcel.
More about this property
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