750 Marine Dr, Astoria, OR 97103

Price based off of cap rate at 7% and market rents of $16/sf. Rents are under market (owner occupant) with a substantial portion of the building remaining vacant. All leases are month to month. Prime mixed-use office/retail building with some of the best frontage and visibility in Astoria. Existing tenants are on month to month leases. Offers a platform for owner-users or investors seeking income. Could be situated as multi-tenant or single tenant with minimal remodel - currently has community kitchen. The C-4 zone is one of the most permissive Astoria has, Surrounded by complementary uses. Easy ingress/egress to adjacent thoroughfares. One of the few office buildings in the area with dedicated parking. Great candidate for restoration as under the drop ceiling are wood ceilings and glue-lam beams. One block to the riverwalk. For legal professionals this would be an excellenct choice as it is walking distance to the courthouse.