$395,000
Waldport, OR 97394
MLS# 26-1633
2 baths | 1332 sqft
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Property Description
Discover a unique investment opportunity in the heart of Waldport's Downtown District. This charming cottage-style commercial building offers exceptional curb appeal, prime Highway 101 frontage, and outstanding visibility in one of the city's most traveled corridors. Located just one block from Alsea Bay and minutes from miles of Oregon Coast beaches, the property combines coastal charm with strong business potential. The main level features three spacious private offices, a welcoming reception/lobby area, and an ADA-compliant restroom. Upstairs, you'll find a bright and versatile open workspace filled with natural light, complete with a kitchenette, second restroom, and multiple workstation areas—ideal for collaborative office use, creative studios, professional services, or a live/work configuration (subject to local regulations). The property includes a paved parking lot with four dedicated spaces, ADA accessibility, and two separate entrances for added flexibility and convenience. Its downtown zoning and prominent location create endless possibilities, including professional offices, boutique retail, service-based businesses, or an income-producing investment property. Currently occupied by a tenant, this property offers immediate rental income and long-term upside potential. Whether you're an investor, entrepreneur, or business owner seeking a highly visible coastal location, this well-maintained building is ready to support your vision. Building only is included in the sale. Businesses are not included.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2026-06-12
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Building
Year Built Source: Public Records
Accessibility Features YN: Yes
Year Built: 2015
Stories Total: 2
Lot
Water Body Access YN: No
Accessory Dwelling Unit YN: No
Lot Size Acres: 0.04
Lot Size Square Feet: 1742.4
Utilities
Cable Connected: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Accessibility Features
Accessible Approach with Ramp: 1
Appliances
Microwave: 1
Refrigerator: 1
Water Heater: 1
Building and Property Details
# Of Tenants: 3
Construction Materials
Cedar: 1
HardiPlank Type: 1
Shake Siding: 1
Cooling
Ceiling Fan(s): 1
Flooring
Carpet: 1
Vinyl: 1
Foundation Details
Concrete Perimeter: 1
Heating
Electric: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lock Box Type
Combo: 1
Parking Features
Paved: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Roof
Composition: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Special Listing Conditions
Standard: 1
Water Heater
Electric: 1
Water Source
Public: 1
Owner Pays
All Utilities: 1
Exterior Maintenance: 1
Tenant Pays
Internet: 1
Building Features
Kitchen Facilities: 1
Private Restroom(s): 1
Reception Area: 1
Separate Office Area: 1
Business Type
Arts and Entertainment: 1
Barber/Beauty: 1
Other: 1
Location of Property
City: 1
Sale Includes
Building: 1
Additional Tax and Location Information
Highway 101: West Side
Property Tax ID #: R214369
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Lockbox: 1
Documents
Plat Map: 1
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Mixed Use
Address
Street Number: 120
Street Direction Prefix: NW
Street Name: Highway 101
County: Lincoln
State: OR
Postal Code: 97394
Directions: One block south of the Waldport Light on HWY 101. West side of street next door to Hi-School Pharmacy and China Restaurant. Bldg on corner.
Parcel Number: 131119BD-4400-00
Contract
Current Price: $395,000
Status: Active
Begin Date: 2026-06-12
List Price: $395,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Tax Annual Amount: 3038.79
Tax Year: 2025
Zoning: M-P Planned Marine and Recreation
Tax Lot: 4400
Tax Map Number: 131119BD
Interior
Above Grade Finished Area: 1332
Living Area: 1332
Bathrooms Total: 2
Parking Information
Parking Total: 4
Property Features
Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected; Cable Connected; Electricity Connected; Sewer Connected; Water Connected
Accessibility Features: Accessible Approach with Ramp
Appliances: Microwave; Refrigerator; Water Heater
Building Features: Kitchen Facilities; Private Restroom(s); Reception Area; Separate Office Area
Business Type: Arts and Entertainment; Barber/Beauty; Other
Construction Materials: Cedar; HardiPlank Type; Shake Siding
Cooling: Ceiling Fan(s)
Flooring: Carpet; Vinyl
Foundation Details: Concrete Perimeter
Heating: Electric
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional
Lock Box Type: Combo
Owner Pays: All Utilities; Exterior Maintenance
Parking Features: Paved
Possession: Close Of Escrow
Road Frontage Type: City Street
Roof: Composition
Sale Includes: Building
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: Internet
Water Heater: Electric
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Agent; Lockbox
Documents: Plat Map
Plat Map 
Listing Office: Coldwell Banker Professional Group - Lincoln City
Office Email: douglas.caye@coldwellbanker.com
Last Updated: June - 12 - 2026
Information deemed reliable but not guaranteed.