Listing provided courtesy of Taylor & Taylor Realty Co.- MLS# 666353925
Contact Information: 541-994-9111
Contact Information: 541-994-9111Images
Request Info385 NE ALSEA HWYWaldport, OR 97394
Commercial · 6,902 Sq. ft. | 0.51 Acres$1,400,000
Active
385 NE ALSEA HWY Overview
- Time on Site:
- 149 days
- Visits:
- 8
Commercial investment opportunity in Waldport featuring a mini strip mall with seven total units, including a ground lease. 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.
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385 NE ALSEA HWY Facts & Features
- Type Commercial
- Sq. ft. 6,902
- Price/Sq.ft. $203
- Lot 0.51 Acres
Details
General
Income/Expenses
- Existing Lease Type: Gross
- Gross Income: 73989.0
- Operating Expense: 22850.0
Building Information
- Year Built: 1998
Business Information
- Current Use: Professional Service,Retail,Salon
Location/Region
- Country: US
- County Or Parish: Lincoln
- MLS Area Major: 200 - Lincoln County
Tax Information
- Tax Annual Amount: 11566.65
- Tax Year: 2025
General Information
- Inclusions: Building,Land
- Listing Terms: Cash,Conventional
- Parcel Number: R117537
- Property Condition: Existing
- Property Sub Type: Commercial
- Property Type: Commercial Sale
- Zoning: C-1
Interior
Building Interior
- Building Area Total: 6902.0
General Information
- Cooling: None
- Heating: Wall Furnace
- Other Equipment: Smoke Detector
- Stories: 1
Exterior
Parking Information
- Parking Features: On Site
- Parking Total: 37.0
Lot Information
- Lot Size Acres: 0.51
- Lot Size Square Feet: 22215.0
- Number Of Buildings: 1
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Construction Materials: Cement Siding,Lap Siding
- Roof: Composition
General Information
- Road Frontage Type: 300
- Sewer: Public Sewer
385 NE ALSEA HWY Neighborhood
Community
97394 (WALDPORT) Demographics
57
Median Age
80
Population Density (per sq. mile)
29%
College Educated
$49,559
Estimated Median Income
1,846
Estimated Total Home Owners
577
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.385 NE ALSEA HWY Monthly Cost
385 NE ALSEA HWY Market Data
Based on the last 30 days in this zip code
$581,915
Average List Price
$310
Average Price per Square Foot
5
Properties Sold
94
Average Days on Market
147
Properties for Sale
385 NE ALSEA HWY History
| Date | Value | Agent |
|---|---|---|
| 1/31/2026Source: Regional MLS | January 31, 2026 |