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Restaurant Building Near Dock Marina
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1185 NE Mill Street, Waldport, OR 97394

Commercial building near Dock of the Bay Marina in Waldport.

Property Size1,440 SF
Lot Size0.33 Acres
Price / SF$434.03
Days on Market205

Property Features for 1185 NE Mill Street

General Information

Standard status Active
Size 1,440 SF
Lot size 0.33 Acres
Property subtype Retail
Zoning C-1 Commercial

Building Details

Year Built 1994
Listing Agency: Premiere Property Group, LLC
Listed By: Brandon Hanson · License #201206837
Source: Crexi
Added: Jan 27 Changed: Aug 17 Last Checked: Aug 19 at 1:28PM

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

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 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: 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.
(541) 619-8382 Call to check price and availability
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