115 Hwy 101 Waldport, OR 97394-3035
Property profile & analytics
115 Hwy 101 Waldport, OR 97394-3035
- Retail properties & Spaces
- 1,107 SF
- 0.24 lot acres
Property ID
US71-0852518
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Green Bike Co-Op / (Bike/Boat/Book/etc) Store
- Espresso 101 / Cafe & Coffee Shop
Property Details for 115 Hwy 101
- Year built
- 1969
- Construction
- WOOD
- Lot size
- 0.24 lot acres
- Property size
- 1,107 SF
- Zone code
- DD;DOWNTOWN DISTRICT
- Property type
- Retail properties & Spaces
- APN
- 13-11-19-BD-09400-00
- APU
- 131119BD0940000
Description
This exceptional mixed-use property, situated at 115 SW Hwy 101 in Waldport, Oregon, presents a compelling investment opportunity. The 10,454.4 square foot lot, built in 1969, currently houses two thriving businesses: Left Coast Burger Shack and Espresso 101, resulting in a 50% occupancy rate. The asking price is $445,000. The property's classification includes land, mixed-use, and retail, with subtypes encompassing commercial, restaurant, and bar uses. Its strategic location directly on the busy Highway 101 ensures high visibility and accessibility. The property also features additional parking at the rear, offering potential for expansion and the addition of a third tenant. This almost quarter-acre lot provides ample space for future development or enhancement of existing businesses. The property benefits from its proximity to both Newport (15 miles south) and Florence (35 miles north), offering access to significant shopping and recreational areas. Waldport's unique coastal location, where the forest meets the sea, adds to the property's appeal and potential for growth. This is a rare chance to acquire a well-located, income-producing property with significant upside potential in a desirable Oregon coastal town. The property is zoned for commercial, restaurant, and bar uses.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Waldport
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.067
- Latitude
- 44.4259
- CBSA code
- 35440
- CBSA name
- NEWPORT, OR MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,965
$0.00
$0.00
$178,000
-
$169,970
$127,670
$297,640
