This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/26
$395,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/26
Property Description
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.
Full Property Details
Full Property Details for 120 NW Hwy 101
General
- Price: $395,000
- Taxes: $3,038 (2025)
- Status: Active
- Type: Office
- Source: RWMLS
- MLS ID: 532943167
- Updated: 7/7/2026
- Added to Site: 5 day(s) ago
Parking
- Total Spaces: 4
Location
- County: Lincoln
- Driving Directions: West side of street next door to Hi-School Pharmacy and China Restaurant. Bldg on corner.
Community
- Community Name: 200 - Lincoln County
Heating & Cooling
- Heating Type: Wall Heater
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Construction: Cedar
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 1,332
- Current Bldg. Use: Office, Professional Service
- Year Built: 2015
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size: 0K to 2, 999 SqFt
- Frontage: Paved
Financial Considerations
- Operating Expenses: $8,535
- Tax Amount: $3,038.79
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: PROPERTY ID R214369 TEKININK ADDN.-WALDPORT, BLOCK 7, LOT 4, PTN O
- Property ID: R214369
Listed by Coldwell Banker Professional (503) 538-0468, Hannah Katz (541) 418-3101
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 120 NW Hwy 101
School District:Lincoln County School District
| Name | Grades | Distance |
|---|---|---|
Crestview Heights School 3000 South Crestline Drive, Waldport, OR 97394 | K-6 | 1.4 mi |
Waldport High School 3000 South Crestline Drive, Waldport, OR 97394 | 7-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 NW Hwy 101
Date
Details
Price
Change
Source
7/06/2026
Listed
$395,000
29.93%
MLS
8/30/2021
Sold
$304,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 120 NW Hwy 101
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,039
6%
$177,860
3%
2024
$2,877
3%
$172,680
3%
2023
$2,793
6%
$167,660
6%
2021
$2,629
-3%
$158,040
-3%
2022
$2,697
3%
$162,780
6%
2021
$2,629
6%
$153,440
3%
2019
$2,480
2%
$148,980
3%
2018
$2,434
3%
$144,650
3%
2017
$2,356
3%
$140,440
3%
2016
$2,298
895%
$136,350
752%
2015
$231
-79%
$16,010
-79%
2014
$1,080
-14%
$74,790
-14%
2013
$1,255
—
$87,410
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 NW Hwy 101
120 NW Highway 101, Waldport, OR 97394 (MLS# 532943167) is a Office property. 120 NW Highway 101 is currently listed for $395,000 and was received on July 06, 2026. Want to learn more about 120 NW Highway 101? Do you have questions about finding other Office real estate for sale in Waldport? You can browse all Waldport real estate or contact a Coldwell Banker agent to request more information.

