476 US-101 Hwy - Residential Income FOR SALE


Rockaway Beach, OR 97136
$475,000 USD
503-906-4903
476 US-101 Hwy, Rockaway Beach, OR for Sale
$475,000 USD
Residential Income - FOR SALE
1/13
null | 1.68% Cap Rate

NEW


476 US-101 Hwy
Rockaway Beach, OR 97136


HIGHLIGHTS

  • Heavy Slow moving Summer Traffic
  • Remodeled
  • Popular Beach Town

OVERVIEW

COMMERCIAL ZONING, located on Scenic Coast Highway 101 where the speed limit is 35mph and traffic is plentiful to secure the exposure you'll want for your office or art gallery, boutique, book store, or coffee shop, etc. Or, simply continue using this charming remodeled 1930 cottage as a short term rental. Currently licensed and the license should also be available for new buyer. Sold turnkey with beautiful modern furniture. Located 1 row from Rockaway's famous 7 mile long sandy beach. Large fenced backyard could turn into additional parking, though it has a long driveway and parking along the highway is allowed and available. 1 large bdrm on main floor plus 2 attic bedrooms up.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$413 USD /SF

CAP RATE

1.68%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

On the Rocks

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial

APN/PARCEL ID

R0011999

ASK ABOUT THIS PROPERTY

Pam ZielinskiBerkshire Hathaway Homeservices Nw Real EstateMore Info
503-906-4903

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Pam ZielinskiBerkshire Hathaway Homeservices Nw Real EstateMore Info
503-906-4903

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