Listing provided courtesy of Berkshire Hathaway HomeService Northwest Real EstateMLS# 24550051MLS Provider
  • 684 days on site
  • 54 views

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.

Source: Regional MLS, MLS#: 24550051

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  • Property Type
    Commercial Sale
  • Lot
    0.29 acres

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  • Median Age
    60
  • Population Density
    478
  • College Educated
    25%
  • Estimated Median Income
    $48,750
  • Estimated Total Home Owners
    195
  • Estimated Total Renters
    130
  • Owner / Renter Divide
    60% / 40%
  • Estimated Average Household Size
    2
  • Total Population
    672
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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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.

Life at 903 GARIBALDI AVE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
1/5/2026Source: Tillamook MLS Price Reduction
$795,000 -11.2%
1/5/2026Source: Tillamook MLS Added to Database
September 05, 2023
1/5/2026Source: Tillamook MLS Price Reduction
$895,000 -3.7%
1/5/2026Source: Tillamook MLS Price Reduction
$929,000 -6.6%
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