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Azul Mexican Resturant 1185 NE Mill St 1,440 SF Flex Building Waldport, OR 97394 $725,000 ($503.47/SF)
INVESTMENT HIGHLIGHTS
- Adjacent to Marina
- Private Parking
- Real Estate Only. Business Assets Negotiable
- Two Lots Included
- Outdoor Seating
EXECUTIVE SUMMARY
Great opportunity to own a great building adjacent to Dock of the Bay Marina in Waldport! Listing includes two tax lots: A .24 acre parcel with 1440sf building (commonly known as Azul Mexican Restaurant), and a .09 acre parcel used for parking. Own a restaurant or create another business with the flexible C-1 (Retail Commercial) zoning. The building had many upgrades ~2 years ago including newer roof, siding and insulation. Furniture/business assets are negotiable, but not included in the list price.
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access
| 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 |
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Restaurant
- Signage
- Waterfront
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | $252,650 (2025) | |
| Land Assessment | $41,220 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$41,220 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$252,650 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Azul Mexican Resturant | 1185 NE Mill St
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