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    OFF-MARKET
    Office Spaces

    120 Hwy 101, Waldport, OR 97394-3032

    1,332 SF 0.04 ac lot Built 2015
    Individually Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US71-0694925
    Property summary
    AI-generated overview

    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

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 2015
    Total area 1,332 SF
    Lot 0.04 ac (1,742 SF)
    Zoning code DD;DOWNTOWN DISTRICT
    APN 13-11-19-BD-04400-00
    UPID US71-0694925
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Donna Bader · 4 yrs held
    Donna Bader
    since 2021
    Last sale
    $304,000
    7 recorded transactions
    2021
    $304,000
    2018
    2014
    $16,000
    2012
    $120,000
    2006
    $275,000
    1969
    1969
    Zoning & alternative use
    DD;DOWNTOWN DISTRICT · Waldport, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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