Listing provided courtesy of Berkshire Hathaway Garibaldi- MLS# TC-20865MLS ProviderSource MLS Verified

903 Garibaldi AvenueGaribaldi, OR 97118

Commercial · 6,400 Sq. ft. | 0.29 Acres
$795,000 Active

903 Garibaldi Avenue Overview

Time on Site:
1028 days
Visits:
22

Prominent Retail Mixed-Use Building at 903 and 905 Garibaldi Avenue (Highway 101) - Pacific Coast Scenic Byway. This versatile commercial property boasts daily traffic counts exceeding 9,000 ADT and is offered with the Myrtlewood Outlet Store business, an established institution in Garibaldi and along the Oregon Coast for 45 years. The site features ground-floor storefront retail space, a second-floor flex area suitable for additional retail, residential conversion, or use as a short-term rental (STR), as well as warehouse/shop space with a roll-up door. Ample on-site parking is available. Recent improvements include expanded retail operations, updated interior and exterior enhancements, ductless heat pump installation, a durable metal roof, and upgraded facade elements. The property offers a range of local artisanal products, including gifts, furnishings, and lighting. Seller financing is available with a substantial down payment; please contact brokers for detailed terms. A large directional sign easement across Garibaldi Avenue is included. Located just blocks from the Port of Garibaldi, this property benefits from its prime Highway 101 setting and proximity to the Oregon Coast Scenic Railroad, which anticipates 65,000 riders next year. For further details, visit tillamookcoast.com.

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903 Garibaldi Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 6,400
  • Price/Sq.ft. $124
  • Lot 0.29 Acres

Details

General

Association/HOA

  • Association: false

Income/Expenses

  • Gross Income: 400000.0
  • Operating Expense: 270000.0

Building Information

  • Year Built: 1980

Business Information

  • Business Type: Retail

Location/Region

  • County Or Parish: Tillamook
  • Subdivision Name: N/A

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 4833.0
  • Tax Year: 2024

General Information

  • Inclusions: Building
  • Listing Terms: Cash,Contract,Conventional
  • Parcel Number: 1N1021BD
  • Property Sub Type: Retail
  • Property Type: Commercial Sale
  • Zoning: C - Commercial

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Total: 1

Building Interior

  • Above Grade Finished Area: 2400.0
  • Building Area Total: 6400.0

General Information

  • Building Features: Storage
  • Security Features: Security System
  • Stories Total: 1
  • Window Features: Skylight(s),Single Pane Windows

Exterior

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Size Dimensions: irregular
  • Lot Size Square Feet: 12632.4
  • Lot Size Units: Acres
  • Road Surface Type: Gravel,Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Construction Materials: Metal Siding,Steel Frame
  • Roof: Metal

General Information

  • Carport: false
  • Road Frontage Type: Highway
  • Utilities: Cable Available,Electricity Connected,Sewer Connected

903 Garibaldi Avenue Neighborhood

Community

97118 (Garibaldi) Demographics

60
Median Age
478
Population Density (per sq. mile)
25%
College Educated
$48,750
Estimated Median Income
195
Estimated Total Home Owners
130
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

903 Garibaldi Avenue Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

903 Garibaldi Avenue Market Data

Based on the last 30 days in this zip code

$367,856
Average List Price
$258
Average Price per Square Foot
0
Properties Sold
106
Average Days on Market
29
Properties for Sale
Calculations provided by Reliance Network

903 Garibaldi Avenue History

Date Event Value Agent
1/5/2026Source: Tillamook MLS Price Reduction
$795,000 -11.2%
1/5/2026Source: Tillamook MLS Price Reduction
$895,000 -3.7%
1/5/2026Source: Tillamook MLS Price Reduction
$929,000 -6.6%
1/5/2026Source: Tillamook MLS Added to Database
September 05, 2023
7/2/2025Source: Regional MLS Price Reduction
$795,000 -11.2%
5/28/2025Source: Regional MLS Price Reduction
$895,000 -3.7%
5/22/2025Source: Regional MLS Price Reduction
$929,000 -6.6%
8/15/2024Source: Regional MLS Added to Database
August 15, 2024