120 Hwy 101, Waldport, OR 97394-3032
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
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
DD;DOWNTOWN DISTRICT · Waldport, ORWaldport. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.