Technical
Financial
Distress signals
Property profile

180 Hwy 101 Waldport, OR 97394

OFF-MARKET
Turn key restaurants
Property ID
US71-0716963
3,960 SF 0.24 ac lot Built 1979
Entity Owned 18-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 180 NW Hwy 101 in Waldport, Oregon, presents a compelling value-add investment opportunity. The 7,725 square foot building, constructed in 1999, boasts a prime location at the corner of Hwy 34 and Hwy 101, just one block from the bayfront. The property features a two-story design with 7,000 square feet of net rentable space. The ground floor comprises 5,073 square feet of retail space, perfectly suited for a variety of businesses. Above the retail space are two residential apartments, adding to the property's diverse income stream. The building is zoned for commercial use and offers significant upside potential due to current rents being below market value. This presents a unique chance to increase profitability through strategic lease adjustments. With its convenient location, substantial square footage, and strong potential for rental growth, this property is an ideal investment for those seeking a high-return opportunity in a desirable coastal Oregon location. The property consists of one building with two stories and three units in total. The asking price is $1,150,000. Broker co-op is available.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Construction WOOD
Total area 3,960 SF
Lot 0.24 ac (10,454 SF)
Zoning code DD;DOWNTOWN DISTRICT
APN 13-11-19-BD-06900-00
UPID US71-0716963

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Bar & Pub

Location

180 Hwy 101 Waldport, OR 97394-3035
Waldport metro Census 951600 NEWPORT, OR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$677k
Blend (final) Blend
$675k

Owner & transaction history

since 2008
2 recorded transactions
2008
$380,000
2008
Price N/A

Zoning & alternative use

DD;DOWNTOWN DISTRICT · Waldport, OR

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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