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180 Highway 101 Waldport, OR 97394

Sponsored
For Sale
$1,150,000

Prime Hwy 101 location, high rental upside.

Property size:
7,725 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional mixed-use property, located at 180 NW Hwy 101 in Waldport, Oregon, presents a compelling value-add investment opportunity. The 7,725 square foot building, constructed in 1999, boasts a prime location at the corner of Hwy 34 and Hwy 101, just one block from the bayfront. The property features a two-story design with 7,000 square feet of net rentable space. The ground floor comprises 5,073 square feet of retail space, perfectly suited for a variety of businesses. Above the retail space are two residential apartments, adding to the property's diverse income stream. The building is zoned for commercial use and offers significant upside potential due to current rents being below market value. This presents a unique chance to increase profitability through strategic lease adjustments. With its convenient location, substantial square footage, and strong potential for rental growth, this property is an ideal investment for those seeking a high-return opportunity in a desirable coastal Oregon location. The property consists of one building with two stories and three units in total. The asking price is $1,150,000. Broker co-op is available.

Property Features for 180 Highway 101

General Information

Property type
Individual retail properties
Square Feet
7,725 SF

Building Details

Year Built
1999
Buildings
1
Stories
2
Units
3

HighLights

  • Significant rental upside potential.
  • Prime location in a high‑growth market.
  • Strong tenant base with long‑term leases.
  • Below‑market rents offer immediate value‑add potential.
  • Modern, well‑maintained building with high occupancy.
Property Profile Location Intelligence

Current Use by Public Records

Timothy Lowery Pharmacy Flounder Inn Tavern Bar

Suggested Use

Restaurant Realty agency Law Firm Dental Office Building Supply Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Waldport
County
Lincoln
State
Oregon
Longitude
-124.0675288
Latitude
44.4268927

FAQs

What type of property is this?
Individual retail property - Prime Hwy 101 location, high rental upside.
Where is this individual retail property located?
The property is located at 180 Highway 101 Waldport, OR.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Significant rental upside potential.; Prime location in a high-growth market.; Strong tenant base with long-term leases.
More about this property
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