Mixed-Use Building on Highway
For Sale
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903 Garibaldi Avenue, Garibaldi, OR 97118
Versatile commercial property with retail, flex space, and warehouse.
Property Size6,400 SF
Price / SF$124.22
Days on Market1003
Property Features for 903 Garibaldi Avenue
General Information
Standard status
Active
Size
6,400 SF
Property subtype
Retail
Building Details
Year Built
1980
Listing Agency:
Berkshire Hathaway HomeServices Northwest Real Estate Garibaldi
(503) 812-8423
Listed By:
Valerie Schumann · License #OR 200909125
Source:
Crexi
Added: Nov 4, 2023
Changed: Jul 10
Last Checked: Aug 1 at 6:59AM
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 Berkshire Hathaway HomeServices Northwest Real Estate Garibaldi
Investment Insights
Based on property information with market context.
Located on the Pacific Coast Scenic Byway, the mixed-use building at 903 and 905 Garibaldi Avenue features ground-floor storefront retail space, a second-floor flex area, and warehouse/shop space with a roll-up door. The property is offered with the Myrtlewood Outlet Store business, which has been established in Garibaldi and along the Oregon Coast for 45 years. The flex area is suitable for additional retail, residential conversion, or use as a short-term rental. The property includes ample on-site parking. Recent improvements include expanded retail operations, updated interior and exterior enhancements, ductless heat pump installation, a durable metal roof, and upgraded facade elements. The property offers a range of local artisanal products, including gifts, furnishings, and lighting. The site benefits from daily traffic counts exceeding 9,000 ADT. A large directional sign easement across Garibaldi Avenue is included. The property is located just blocks from the Port of Garibaldi and benefits from its proximity to the Oregon Coast Scenic Railroad, which anticipates 65,000 riders next year. Seller financing is available with a substantial down payment. The property size is 6,400 square feet.
Key Highlights
- High‑traffic location on Highway 101 with over 9,000 ADT.
- Established Myrtlewood Outlet Store business included, with 45 years of operation.
- Versatile space: ground‑floor retail, second‑floor flex space, and warehouse/shop with roll‑up door.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
177
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97118, OR
825
Population
518
Households
1.6
Avg Household Size
56
Median Age
24%
College-Educated
93%
High-School Grad
0.9 sq mi
ZIP Area
917
Density / Sq Mi
$52,372
Median Household Income
$43,667
Median Earnings
$1,094
Median Rent
$307,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Versatile commercial property with retail, flex space, and warehouse.
Where is this storefront property located?
The property is located at 903 Garibaldi Avenue Garibaldi, OR.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: High‑traffic location on Highway 101 with over 9,000 ADT.; Established Myrtlewood Outlet Store business included, with 45 years of operation.; Versatile space: ground‑floor retail, second‑floor flex space, and warehouse/shop with roll‑up door.
