1720 N Hwy 101 - Storefront FOR SALE


Rockaway Beach, OR 97136
$415,000 USD
503-812-8423
1720 N Hwy 101, Rockaway Beach, OR for Sale
$415,000 USD
Storefront - FOR SALE
1/7
null | Request Cap Rate

1720 N Hwy 101
Rockaway Beach, OR 97136


HIGHLIGHTS

  • Great Highway Location
  • Popular Oregon Coast Town
  • Local Favorite Deli

OVERVIEW

MIXED USE PROPERTY - RB Little Store has Re-opened and operating! Purchase Price includes recently re-opened and popular RB Store with rear residence. Seller may consider Seller Financing, check with Broker. North Rockaway Beach Free-Standing Commercial location. Rockaway Beach aka as the ''Family Beach Town'' attracts visitors far and wide to this North Oregon Coast Beach. Approximately 2,905 SF building situated on an .49 Acre Lot (21,345 SF), offering abundant on-site parking, along Hwy 101 - Pacific Coast Scenic Byway. Formerly a popular Mexican Restaurant for decades. On the east side of Hwy 101, one long block from the Pacific Ocean and 7 miles of beach front. Rockaway's 1,450 population soars to over 3,000 occupants during the busy season from June through October with the large number of short term lodging rentals and motel lodging. The purchase price has been updated based on seller's updates, requirement for roof replacement anticipated soon. Rear area beyond back outside mowed area, is wetlands. . Possibility of combining with vacant lot for sale on other side of 18th Avenue.

FOR SALE DETAILS

PRICE

$415,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

C1

APN/PARCEL ID

R0034625

ASK ABOUT THIS PROPERTY

Valerie SchumannBerkshire Hathaway HomeServices NorthwestMore Info
503-812-8423

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Valerie SchumannBerkshire Hathaway HomeServices NorthwestMore Info
503-812-8423

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.