385 NE Alsea HWY, Waldport, OR 97394
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385 NE Alsea HWY, Waldport, OR 97394
385 NE Alsea HWY, Waldport, OR 97394
385 NE Alsea HWY, Waldport, OR 97394
385 NE Alsea HWY, Waldport, OR 97394
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Marcel Dolak

Marcel Dolak

+1(425) 466-5870
$ 1,199,000
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Price Dropped by $201K

385 NE Alsea HWY Waldport, OR 97394

7 Baths

6,902 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,902 sqft

Price per Sqft $173

Subdivision Railroad - Waldport

MLS Listing ID 26-187

HOA Y/N No

Year Built 1998

Annual Tax Amount $11,566

Lot Size 0.510 Acres

Acres 0.51

Property Sub-Type Mixed Use

Source Oregon Coast Multiple Listing Service

Property Description

Commercial investment opportunity in Waldport featuring a mini strip mall with seven total units, including a ground lease. The property offers 6,902 square feet of single level commercial space situated on over half an acre of land. A new roof was installed in 2024. The property is 100 % occupied. With approximately 300 feet of frontage along the Alsea Highway, the site benefits from strong visibility in a high traffic corridor. Originally developed and owned by the original owner, the property has been well maintained and thoughtfully positioned. All units are single level, offering easy access for tenants and customers alike. The center is centrally located and close to the amenities of Waldport, making it a convenient destination for both local traffic and pass through visitors. This is a strong opportunity for investors seeking a fully leased, high visibility commercial asset with solid income and long term upside in a coastal market.

Location

State OR

County Lincoln

Community Railroad - Waldport

Zoning C-1 Commercial

Direction Hwy 101 to NW Hemlock St. NW Hemlock turns into NE Alsea Hwy. Property located on right-hand side. No sign.

Interior

Heating Wall Furnace

Cooling None

Flooring Vinyl

Furnishings Unfurnished

Exterior

Parking Features Off Street, Open

Fence None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Composition

Street Surface Paved

Road Frontage Highway

Garage No

Building

Lot Description Level

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Fiber Cement,Lap Siding

Others

Tax ID 13-11-19-AA-01700-00

Acceptable Financing 1031 Exchange, Cash, Conventional, Owner Will Carry

Listing Terms 1031 Exchange, Cash, Conventional, Owner Will Carry

Special Listing Condition Standard

Listed by Taylor & Taylor Realty Company

NEARBY SCHOOLS & PROPERTIES

Marcel Dolak

Marcel Dolak

Owner | Private Office Advisor | Global Real Estate Advisor | License ID: 28065

+1(425) 466-5870

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385 NE Alsea HWY