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34447256
34447252

171 SUNSET BLVD, CANNON BEACH, OR 97110 For Sale

MM
OR 201224153
NAI Elliott
Listed by NAI Elliott
$2,700,000
3 days on market
Updated 3 days ago

171 Sunset Blvd

Details
Property Type Retail, Mixed Use
Square Footage 9,300
Units 6
Tenancy Multi
Lease Type NNN
Class C
Year Built 1972
Buildings 1
Stories 2
Acreage 0.450
Zoning C1
Parking Spaces 2.89 per 1,000 sq ft
Investment Type Owner/User
Ground Lease No

Retail With Apartments | Cannon Beach, OR Motivated Seller With New Price!

Marketing description

Motivated Seller With New Price!

171 Sunset Blvd, Cannon Beach, OR 97110

By Appointment Only

Please do not disturb tenants or talk to employees

Contact listing brokers for details

Property Status: For Sale $2,700,000

Real Estate Only. Sold As Is.

Mixed-Use Investment / Owner-User Opportunity

Located at the highly visible midtown entrance to Cannon Beach off Highway 101, 171 Sunset Blvd presents a rare opportunity to acquire a mixed-use commercial property in one of Oregon’s most desirable coastal markets across the street from Pelican Brew Pub.

The property consists of four commercial tenant spaces together with residential/live-work space, offering flexibility for investors, owner-users, or mixed-use operators. The property currently includes three occupied units and three available units, creating both existing income and near-term lease-up opportunity.

The site includes approximately 7,000 SF of commercial space and approximately 2,300 SF of residential space with vaulted ceilings and skylights. C1 zoning permits up to 50% residential use, creating flexibility for a variety of future configurations and uses.

Property benefits from strong visibility, with approximately 100 feet of retail frontage along Sunset Blvd and 28 on-site parking spaces — a rare amenity in Cannon Beach

About Cannon Beach, OR — The City of Cannon Beach is located on the Pacific Northwest Coast of Oregon, 80 miles west of Portland and 25 miles south of Astoria. Cannon Beach is surrounded by the rugged natural beauty of forests, ocean beaches, rivers, and the Oregon Coast Mountain range. Four miles in length, it is a popular and picturesque resort area, playing host to more than 1,500,000 visitors annually.

Investment highlights

Real Estate Only. Sold As Is.

$450,000 Price Reduction

• Prime Midtown Cannon Beach Location

• Highly Visible Corner Property Across From Pelican Brew Pub

• Four Mixed-Use Retail Spaces with Two 2nd-Floor Apartments

• Existing Income with Lease-up Upside

• 28 On-Site Parking Spaces

• Strong Retail Frontage and Display Windows

• C1 Zoning Allowing Flexible Use Configurations

Listing Contacts

MM
OR 201224153
NAI Elliott
Listed by NAI Elliott

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Additional Information

Name
Michael Maloney
License
201224153
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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