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Listed by Taylor & Taylor Realty Co. • 541-994-9111
$ 1,400,000
Est. payment /mo
Active
385 NE ALSEA HWY Waldport, OR 97394
6,902 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,902 sqft
Price per Sqft $202
MLS Listing ID 666353925
Year Built 1998
Annual Tax Amount $11,566
Tax Year 2025
Lot Size 0.510 Acres
Property Sub-Type Commercial
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
Area _200
Zoning C-1
Interior
Heating Wall Furnace
Cooling None
Equipment SmokeDetector
Exterior
Roof Type Composition
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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