385 NE Alsea Hwy - Retail FOR SALE


Waldport, OR 97394
$1,400,000 USD
541-992-2177
385 NE Alsea Hwy, Waldport, OR for Sale
$1,400,000 USD
Retail - FOR SALE
1/20
null | Request Cap Rate

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385 NE Alsea Hwy
Waldport, OR 97394


HIGHLIGHTS

  • Heavy daytime traffic
  • Highway access/large exposure

OVERVIEW

Commercial investment opportunity in Waldport featuring a mini strip mall with eight total units, including a standalone coffee kiosk. 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.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

C-1

APN/PARCEL ID

R117537

ASK ABOUT THIS PROPERTY

Dennis RegenTaylor & Taylor Realty Co.More Info
541-992-2177

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Dennis RegenTaylor & Taylor Realty Co.More Info
541-992-2177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.