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Property profile & analytics

120 Hwy 101 Waldport, OR 97394-3032

  • Office Properties & Spaces
  • 1,332 SF
  • 0.04 lot acres
OFF-MARKET
Last Sale
Aug 31, 2021
$304,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US71-0694925
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.

Current Use by Public Records

  • Waldport Family Cuts / Barber Shop
  • Edgewater Realty / Real Estate Agency
  • Wendy Weimer / Real Estate Agency
  • Bader Fine Art Gallery / Art Gallery
  • Sweet Serenity Donut's / Restaurant / Breakfast Restaurant

Property Details for 120 Hwy 101

Year built
2015
Lot size
0.04 lot acres
Property size
1,332 SF
Zone code
DD;DOWNTOWN DISTRICT
Property type
Office Properties & Spaces
APN
13-11-19-BD-04400-00
APU
131119BD0440000

Description

This charming, cottage-style commercial building in Waldport, Oregon, presents a unique investment opportunity. Located on Highway 101, it boasts exceptional visibility and high traffic flow, ensuring maximum exposure for your business. The 1,332 square foot building sits on a 0.04-acre lot and features three spacious private offices and a welcoming lobby on the ground floor, along with an ADA-compliant bathroom. Upstairs, a large open area with abundant natural light includes a kitchenette, another bathroom, and three additional workspaces, offering versatility for various uses. The property includes a paved parking lot with four spaces and an ADA-compliant ramp, plus two separate building entrances for convenient access. Currently, one tenant occupies the space under a secure 2.5-year lease, providing immediate income potential. Its prime downtown location, just one block from the bay and minutes from the beach, makes it ideal for a variety of commercial ventures, from a live-work space to a retail storefront. The building is priced at $450,000. This is a rare chance to acquire a well-situated, income-producing property in a desirable coastal Oregon town. The sale includes the building only


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Waldport
County
Lincoln
State
Oregon
Longitude
-124.068
Latitude
44.4264
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
$2,793
$0.00
$0.00
$167,660
-
$118,150
$200,590
$318,740
More about this property
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