🏢 EXCEPTIONAL COMMERCIAL OPPORTUNITY WITH HIGHWAY FRONTAGE 🏢

Embrace a remarkable investment opportunity on the prominent Highway 101 in Waldport. This staple property offers an array of features, including .33 acres spread across 2 tax lots, highway frontage, onsite parking, highway signage, and captivating ocean views.

🌟 INVESTMENT HIGHLIGHTS 🌟

• Highway 101 Frontage
• .33 Acre with Ocean Views
• Plenty of Onsite Parking
• Highway 101 Signage
• Buildable Lots Up to 45 Feet

🏢 EXECUTIVE HIGHLIGHTS 🏢

Seize this exceptional chance to own commercial property in a prime location. Situated on 2 tax lots totaling .33 acres, this property offers highway frontage, ample onsite parking, highway signage, and stunning ocean views. With exposure to high foot and auto traffic, this property is perfectly positioned to capitalize on its strategic Highway 101 location. The building accommodates two long-time retail tenants, a rock shop on a month-to-month basis, and a dispensary with a renewed 5-year lease.

🏢 PROPERTY SPECIFICATIONS 🏢

• Sale Type: Investment or Owner User
• Property Type: Retail
• Property Subtype: Storefront Retail/Office
• Building Size: 6,500 SF
• Year Built: 1968
• Price: $595,000
• Price Per SF: $92
• Cap Rate: 7%
• NOI: $41,650
• Percent Leased: 100%
• Tenancy: Multiple
• Building Height: 1 Story

🏄 AMENITIES 🏄

This property not only offers exceptional business potential but also waterfront amenities, adding to its allure.

🌊 UNLOCK YOUR INVESTMENT SUCCESS 🌊

With a strong financial outlook, strategic location, and diverse tenant mix, this property presents an opportunity to invest wisely. The favorable cap rate, high occupancy rate, and versatile potential make it a winning proposition. Contact us today to explore this exceptional investment and take advantage of the prime Highway 101 exposure that awaits. 🛤️

Listing # 9025