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1010 3rd Ave 1,755 SF 100% Leased Office Building Seaside, OR 97138 $485,000 ($276.35/SF)



Executive Summary
Discover an exceptional commercial investment opportunity in the heart of Seaside, Oregon. Located at 1010 3rd Avenue, this 1,755-square-foot office building offers a prime location directly off the bustling Highway 101 corridor, ensuring maximum visibility and accessibility for both clients and employees. Situated on a generous 0.21-acre lot, the property features ample dedicated parking—a highly sought-after amenity in this popular coastal destination.
Built in 1980 and meticulously maintained, this single-story office space is currently occupied by a reliable, long-term tenant, providing immediate and stable income for the new owner. The building is equipped with an efficient heat pump system for year-round comfort and is connected to public water and sewer services.
Seaside is the premier resort community on the Oregon Coast, boasting a vibrant downtown district and a robust tourism economy that draws visitors year-round. This property's strategic location near the intersection of Highway 101 and 3rd Avenue places it at the center of Seaside's commercial activity, making it an ideal addition to any commercial real estate portfolio.
Whether you are an investor seeking a turnkey income-producing property or a business owner planning for future expansion in a thriving coastal market, 1010 3rd Avenue presents a rare and lucrative opportunity.
Key Features:
•
Prime Location: High-visibility setting just off Highway 101 in Seaside's active commercial district.
•
Ample Parking: Generous 0.21-acre lot providing plenty of off-street parking.
•
Stable Income: Occupied by a long-term tenant with leases expiring in 2029.
•
Building Details: 1,755 sq. ft. of versatile office space, single-story, built in 1980.
•
Zoning: R2 (Commercial Use).
Don't miss your chance to invest in one of the Oregon Coast's most dynamic and historic resort communities.
Seller is a licensed Real Estate Agent in Oregon
Built in 1980 and meticulously maintained, this single-story office space is currently occupied by a reliable, long-term tenant, providing immediate and stable income for the new owner. The building is equipped with an efficient heat pump system for year-round comfort and is connected to public water and sewer services.
Seaside is the premier resort community on the Oregon Coast, boasting a vibrant downtown district and a robust tourism economy that draws visitors year-round. This property's strategic location near the intersection of Highway 101 and 3rd Avenue places it at the center of Seaside's commercial activity, making it an ideal addition to any commercial real estate portfolio.
Whether you are an investor seeking a turnkey income-producing property or a business owner planning for future expansion in a thriving coastal market, 1010 3rd Avenue presents a rare and lucrative opportunity.
Key Features:
•
Prime Location: High-visibility setting just off Highway 101 in Seaside's active commercial district.
•
Ample Parking: Generous 0.21-acre lot providing plenty of off-street parking.
•
Stable Income: Occupied by a long-term tenant with leases expiring in 2029.
•
Building Details: 1,755 sq. ft. of versatile office space, single-story, built in 1980.
•
Zoning: R2 (Commercial Use).
Don't miss your chance to invest in one of the Oregon Coast's most dynamic and historic resort communities.
Seller is a licensed Real Estate Agent in Oregon
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
1,755 SF
Building Class
C
Year Built
1980
Price
$485,000
Price Per SF
$276.35
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,755 SF
Building FAR
0.29
Lot Size
0.14 AC
Zoning
R2
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 13059 | Total Assessment | $208,487 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Number
13059
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$208,487
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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1010 3rd Ave
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