235 Garibaldi AveGaribaldi, OR 97118

Property Details for 235 Garibaldi Ave

Year built

1925

Lot size

0.11 AC

Property size (Sq ft)

652 SF

Zone code

GB-C-1

Property type

Retail properties

Property subtype

Turn key restaurants

APN

1N1021-AD-10100

APU

1N1021AD10100

Description

This 800-square-foot commercial building is situated on a 0.11-acre lot at 235 Garibaldi Avenue in Garibaldi, Oregon. The property enjoys a highly visible location directly on Highway 101, also known as the Pacific Coast Scenic Byway, boasting daily traffic counts exceeding 8,000 vehicles according to Oregon Department of Transportation data. Its convenient downtown location places it in the heart of Garibaldi's vibrant commercial district, adjacent to the Oregon Coast Scenic Railroad and municipal parking. The freestanding structure offers versatility, suitable for a range of businesses including retail, food service, or a coffee shop, perfectly complementing the character of Oregon's Authentic Fishing Village. An attractive feature is the presence of an outdoor grassy area, ideal for expanding seating or creating a pleasant outdoor dining space. The asking price for this exceptional opportunity is $334,500. This property presents a unique chance to establish or expand a business in a high-traffic, desirable coastal location. The combination of visibility, accessibility, and charming surroundings makes this an attractive investment.

• CAP approach

  CAP return

  Valuation

  6%

  $217,986

  6.5%

  $201,218

  7%

  $186,845

• Comparable approach

  Method

  Valuation

  Relative Method

  $324,511

  Geo Method

  $316,417

• Alternative Use

  Use

  Valuation

  Residential

  $169,735

  Hospitality

  $155,476

  Educational

  $129,354

  Medical

  $133,803

  Retail

  $201,218

Location Insight

City

Garibaldi

County

Tillamook

State

Oregon

Latitude

45.5592

Longitude

-123.91

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.