Listing provided courtesy of Coldwell Banker Professional Group - Lincoln City- MLS# 26-1633MLS ProviderSource MLS Verified

120 NW Highway 101Waldport, OR 97394

Commercial · 1,332 Sq. ft. | 0.04 Acres
$395,000 Active

120 NW Highway 101 Overview

Time on Site:
17 days
Visits:
3

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.

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120 NW Highway 101 Facts & Features

  • Type Commercial
  • Sq. ft. 1,332
  • Price/Sq.ft. $297
  • Lot 0.04 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • Year Built: 2015

Business Information

  • Business Type: Arts and Entertainment,Barber/Beauty,Other

Location/Region

  • County Or Parish: Lincoln

Rent/Lease Information

  • Lease Considered: false
  • Tenant Pays: Internet

Tax Information

  • Tax Annual Amount: 3038.79
  • Tax Year: 2025

General Information

  • Inclusions: Building
  • Listing Terms: 1031 Exchange,Cash,Conventional
  • Parcel Number: 131119BD-4400-00
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard
  • Zoning: M-P Planned Marine and Recreation

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Total: 2

Building Interior

  • Above Grade Finished Area: 1332.0
  • Building Area Total: 1332.0

General Information

  • Accessibility Features: Accessible Approach with Ramp
  • Appliances: Microwave,Water Heater,Refrigerator
  • Building Features: Kitchen Facilities,Private Restroom(s),Reception Area,Separate Office Area
  • Flooring: Carpet,Vinyl
  • Foundation Details: Concrete Perimeter
  • Levels: Two
  • Security Features: Smoke Detector(s)
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Paved
  • Parking Total: 4.0

Lot Information

  • Lot Size Square Feet: 1742.4
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: HardiPlank Type,Shake Siding,Cedar
  • Roof: Composition

General Information

  • Carport: false
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Cable Connected,Electricity Connected,Sewer Connected,Water Connected

120 NW Highway 101 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
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.

120 NW Highway 101 Monthly Cost

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* 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.

120 NW Highway 101 Market Data

Based on the last 30 days in this zip code

$581,915
Average List Price
$310
Average Price per Square Foot
12
Properties Sold
94
Average Days on Market
147
Properties for Sale
Calculations provided by Reliance Network

120 NW Highway 101 History

Date Event Value Agent
6/12/2026Source: Tillamook MLS Added to Database
June 12, 2026