Log In/Sign Up
Your email has been sent.
385 NE Alsea Hwy 6,902 SF 100% Leased Retail Building Waldport, OR 97394 $1,400,000 ($202.84/SF)
Investment Highlights
- Heavy daytime traffic
- Highway access/large exposure
Executive Summary
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.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$73,989
|
$8.61
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$73,989
|
$8.61
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$22,850
|
$2.66
|
| Net Operating Income |
$51,139
|
$5.95
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $73,989 |
| Annual Per SF | $8.61 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $73,989 |
| Annual Per SF | $8.61 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $22,850 |
| Annual Per SF | $2.66 |
| Net Operating Income | |
|---|---|
| Annual | $51,139 |
| Annual Per SF | $5.95 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
6,902 SF
Building Class
B
Year Built
1998
Price
$1,400,000
Price Per SF
$202.84
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.51 AC
Zoning
C-1 - Retail Commercial Zone.
Parking
37 Spaces (5.36 Spaces per 1,000 SF Leased)
Frontage
133’ on NE Alsea Hwy
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Services
- -
- -
- -
Nationally Certified Massage Therapist and member of The National Certification Board of Therapeutic Massage and Bodywork. I am also recognized as a Government Certified Teacher and Practitioner of Thai Massage and Bodywork from Thailand with my Thai yoga massage training completed at "Thai Massage School of Chiang Mai" in Chiang Mai, Thailand in 2013. I also continue my training with Thai Yoga Massage certification from Eric Spivack of Soaring Crane Thai Massage & Acupuncture in Seattle, WA.
- Salon 34
- Services
- -
- -
- -
- Slipstream Clay Studio Llc
- Retailer
- -
- -
- -
- Woosley Insurance
- Finance and Insurance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Services | - | - | - | ||
| Salon 34 | Services | - | - | - | ||
| Slipstream Clay Studio Llc | Retailer | - | - | - | ||
| Woosley Insurance | Finance and Insurance | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | R117537 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $676,990 |
Property Taxes
Parcel Number
R117537
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$676,990
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
385 NE Alsea Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.