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    225 Garibaldi Ave Garibaldi, OR 97118

    Sponsored
    For Sale
    $450,000

    Prime Hwy 101 Commercial Lot, 0.99 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.99-acre commercial land parcel presents a rare investment opportunity on Highway 101 (Pacific Coast Scenic Byway), Garibaldi Avenue, in Tillamook County, Oregon. Zoned for a variety of commercial uses, this property offers significant potential for continued or new retail, office, or mixed-use development. The property boasts high visibility and convenient access, currently home to a popular drive-thru coffee stand and seasonal food/retail operations. Its strategic location directly adjoins the Old Mill RV Park and Event Center and the Oregon Coast Scenic Railroad, placing it in the heart of downtown Garibaldi's activity. The asking price is $450,000. This is the first time this property has been available for sale in decades, making it a unique chance to acquire a highly desirable commercial site in a thriving coastal Oregon community. The property's address is 225 Garibaldi Ave, Garibaldi, OR 97118. Its latitude and longitude coordinates are 45.55965, -123.90836329999999.

    Property Features for 225 Garibaldi Ave

    General Information

    Property type
    Land
    Lot Size
    43,124 SF

    HighLights

    • 0.99‑acre commercial land parcel in Garibaldi, OR, on Highway 101.
    • Zoned for retail, office, and mixed‑use development.
    • High visibility and convenient access; currently houses a drive‑thru coffee stand and seasonal food/retail.
    • Adjacent to Old Mill RV Park & Event Center and Oregon Coast Scenic Railroad.
    • Asking price: $450,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sea Baron Fish ... Fish & Chips Restaurant Pacific Edge Espresso Coffee Shop

    Suggested Use

    Realty agency Auto Parts Store Spa & Massage Hair Salon Auto Repair Shop Nail Salon Storage Facility Discount Store Electrical Service Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garibaldi
    County
    Tillamook
    State
    Oregon
    Longitude
    -123.9083633
    Latitude
    45.55965

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    Nearby Similar for Sale

    • $1,100,000
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      Garibaldi Duplex with Seller Financing

      Custom duplex in Garibaldi with luxurious finishes and rental income.
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    • $995,000
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      Garibaldi Warehouse: Prime Location

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    FAQs

    What type of property is this?
    Land - Prime Hwy 101 Commercial Lot, 0.99 Acres
    Where is this land located?
    The property is located at 225 Garibaldi Ave Garibaldi, OR.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 0.99-acre commercial land parcel in Garibaldi, OR, on Highway 101.; Zoned for retail, office, and mixed-use development.; High visibility and convenient access; currently houses a drive-thru coffee stand and seasonal food/retail.
    (503) 812-8423
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    225 Garibaldi Ave Garibaldi, OR 97118
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    Garibaldi, OR 97118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    225 Garibaldi Ave Garibaldi, OR 97118
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