$810,000
Netarts, OR 97143
MLS# TC-20895
Status: Closed
2040 sqft
1 / 6
Property Description
Rare commercial opportunity in Netarts! Property currently operated as a convenience store/deli and is also home to the Netarts Post Office. Great central location. Property is .38 acres in size and consists of a well established convenience store with deli (full kitchen) and a detached double wide home which is currently rented. Multiple streams of rental income. Sale includes all fixtures, furnishings, equipment and inventory. Two above ground gas tanks on property. Two large signs located on property. A terrific property with established rental income and great upside for future development.
Details
Maps
Status Change Information
Status Change Timestamp: 2023-04-13
Purchase Contract Date: 2023-03-20
Close Date: 2023-04-07
Close Price: 810000
Tax & Legal
Business Name: By the Sea Grocery
Utilities
Cable Available: 1
Electricity Available: 1
Sewer Connected: 1
Remarks
Tillamook Public Historical Details: Parking: 0-10 Spaces
Building and Property Details
# Of Tenants: 3
Construction Materials
Brick: 1
Stone: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Level: 1
Possession
Close Of Escrow: 1
Road Frontage Type
Highway: 1
Road Surface Type
Paved: 1
Roof
Other: 1
Security Features
Fire Sprinkler System: 1
Water Source
Public: 1
Window Features
Vinyl Frames: 1
Building Features
Storage: 1
Business Type
Gas Station: 1
Grocery: 1
Retail: 1
Historical Details
Historical MLS Number: 23-138
Listing Information
Listing Association Name: Tillamook County BOR
Property Sub Type: Retail
Address
Street Number: 4953
Street Name: Netarts Hwy W
County: Tillamook
State: OR
Postal Code: 97143
Directions: From Tillamook: Hwy 131 W to Netarts. Property on the corner of Hwy 131 and Crab Ave.
Cross Street: Crab Ave
Contract
Current Price: $810,000
Status: Closed
Begin Date: 2023-03-15
Sold Price: $810,000
Tax Legal
Tax Annual Amount: 3410.03
Tax Year: 2022
Tax Map Number: 1S-10-32-CC-02500
Interior
Above Grade Finished Area: 2040
Living Area: 2040
Building
Year Built: 1951
Lot
Lot Size Acres: 0.38
Lot Size Square Feet: 16552.8
Income and Expenses
Cap Rate: 5
Property Features
Utilities: Cable Available; Electricity Available; Sewer Connected; Cable Available; Electricity Available; Sewer Connected
Building Features: Storage
Business Type: Gas Station; Grocery; Retail
Construction Materials: Brick; Stone
Listing Terms: Cash; Conventional
Lot Features: Level
Possession: Close Of Escrow
Road Frontage Type: Highway
Road Surface Type: Paved
Roof: Other
Security Features: Fire Sprinkler System
Water Source: Public
Window Features: Vinyl Frames
Listing Office: Rob Trost Real Estate, LLC
Office Email: office@robtrost.com
Last Updated: February - 06 - 2026
Information deemed reliable but not guaranteed.