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385 NE Alsea Hwy 6,902 SF 100% Leased Retail Building Waldport, OR 97394 $1,907,080 CAD ($276.31 CAD/SF)

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Investment Highlights

Heavy daytime traffic

Highway access/large exposure

Executive Summary

Commercial investment opportunity in Waldport featuring a mini strip mall with eight total units, including a standalone coffee kiosk. The property offers 6,902 square feet of single level commercial space situated on over half an acre of land. A new roof was installed in 2024. The property is 100 % occupied. With approximately 300 feet of frontage along the Alsea Highway, the site benefits from strong visibility in a high traffic corridor. Originally developed and owned by the original owner, the property has been well maintained and thoughtfully positioned. All units are single level, offering easy access for tenants and customers alike. The center is centrally located and close to the amenities of Waldport, making it a convenient destination for both local traffic and pass through visitors. This is a strong opportunity for investors seeking a fully leased, high visibility commercial asset with solid income and long term upside in a coastal market.

Financial Summary (Actual - 2025)	Annual (CAD)	Annual Per SF (CAD)
Gross Rental Income	$100,788	$11.73
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$100,788	$11.73
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$31,126	$3.62
Net Operating Income	$69,662	$8.11

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual	$100,788
Annual Per SF	$11.73

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$100,788
Annual Per SF	$11.73

Taxes (CAD)
Annual	-
Annual Per SF	-

Operating Expenses (CAD)
Annual	-
Annual Per SF	-

Total Expenses (CAD)
Annual	$31,126
Annual Per SF	$3.62

Net Operating Income (CAD)
Annual	$69,662
Annual Per SF	$8.11

Property Facts

Sale Type

Investment or Owner User

Sale Condition

1031 Exchange

Property Type

Retail

Building Size

6,902 SF

Building Class

Year Built

1998

Price

$1,907,080 CAD

Price Per SF

$276.31 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.31

Lot Size

0.51 AC

Zoning

C-1 - Retail Commercial Zone.

Parking

37 Spaces (5.36 Spaces per 1,000 SF Leased)

Frontage

133’ on NE Alsea Hwy

Major Tenants

Services
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-
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Massothérapeute certifié à l'échelle nationale et membre du Conseil national de certification du massage thérapeutique et du travail corporel. Je suis également reconnu en tant qu'enseignante et praticienne certifiée par le gouvernement de Thaïlande en massage thaïlandais et en musculation, grâce à ma formation de massage yoga thaïlandais complétée à la « Thai Massage School of Chiang Mai » à Chiang Mai, en Thaïlande, en 2013. Je poursuis également ma formation avec la certification Thai Yoga Massage & Acupuncture d'Eric Spivack de Soaring Crane Thai Massage & Acupuncture à Seattle, WA.