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Listing provided courtesy of Re/Max Integrity - Salem Branch: 503-587-1600.

260 SW 101

Waldport, OR 97394
  • $595,000
  • STATUS: Active
  • ON SITE: 136 Days
  • MLS #: 804965
UPDATED: 52 min ago
$595,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,500
    SQFT
  • $92
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing provided courtesy of Re/Max Integrity - Salem Branch: 503-587-1600. Listing information © 2023 Willamette Valley Multiple Listing Service



Description

Exceptional opportunity to own commercial property on prominent Highway 101. This staple property in Waldport sits on 2 tax lots totaling .33 acre with hwy 101 frontage, plenty of onsite parking, hwy 101 signage and ocean views. Perfectly located with great exposure to high amounts of foot and auto traffic. Building consists of 2 long time retail tenants and existing prominent flea market; rock shop on MTM and dispensary with renewed 5 year lease.Both lots are buildable up to a height of 45 feet.

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Willamette Valley MLS logo © 2023 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2023-10-01T17:08:46.947.
www.suelongrealty.com/homes/139639717
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260 SW 101 Waldport, OR 97394

  • Price: $595,000
  • Status: Active
  • On Site: 136 Days
  • Updated: 52 min ago
  • MLS #: 804965
0
Beds
0
Baths
0
½ Baths
0.33
Acres
6,500
SQFT
$92
$/SQFT
Neighborhood:
Os Outside 4 County Area
County:
Lincoln
Area:
Os Outside 4 County Area
Property Description
Exceptional opportunity to own commercial property on prominent Highway 101. This staple property in Waldport sits on 2 tax lots totaling .33 acre with hwy 101 frontage, plenty of onsite parking, hwy 101 signage and ocean views. Perfectly located with great exposure to high amounts of foot and auto traffic. Building consists of 2 long time retail tenants and existing prominent flea market; rock shop on MTM and dispensary with renewed 5 year lease.Both lots are buildable up to a height of 45 feet.
Exterior Features

Access Paved Building1 Info Flea MarketRock ShopDispensary Frontage Feet 135 Railroad No Roof Tar Siding Fiber Cement Signage Yes View Water Frontage

Interior Features

Heating ElectricWall FurnaceZonal

Property Features

Cap Rate 7% Commercial Type Retail Confidentiality Agreement Required No Electric 6000 Flood Plain Yes Gross Sched Income 68800 High Speed Comm Access Available Insurance 6000 Janitor Lawn 3600 Maintenance 3000 Net Income 43429 New Construction No Owner Managed Yes Owner Occupied Yes Property Taxes 5071 Property Use Type Business Seller To Do1031 No Sewer City Source Of Square Feet Owner Suitable For Industrial Flex SpaceOffice Showroom Suitable For Office Office BuildingOffice-Business Park Suitable For Shopping Center Convenience/Strip Center Tax Amount 5071 Tax Years 2022 Tenancy Multiple Terms Seller Will Consider CashConventional Total Expenses 25371 Water City Water Sewer 1680 Zoning Mp

© 2023 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2023 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2023-10-01T17:08:46.947.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of Re/Max Integrity - Salem Branch: 503-587-1600. Listing information © 2023 Willamette Valley Multiple Listing Service