Prime Downtown Location: Situated in the heart of Seaside, Oregon, this property is positioned along the main corridor, making it highly accessible and visible. Historic Charm with Modern Renovations: Originally built in 1965, the building underwent significant renovations in 2006, including a new roof in 2022 and new furnace and interior updates in 2023. Investment Opportunity: Salmonberry Square is ideal for both investors and partial owner-users, with a mix of occupied and vacant spaces, offering a solid tenant base while also leaving room for additional leasing potential. Flexible Space: The property features a total of 11,238 SF with a net rentable area (NRA) of 8,450 SF. The ground floor atrium (1,440 SF) adds value for events or tenant use, though it is not included in the NRA. Financial Highlights: The property generates potential gross revenue of $130,477 annually, with a cap rate of 7.08%. The current tenants include Capricorn Pub, Seaside Massage, and Salon on Broadway, with vacant spaces available for further rental income. Flow & Common Areas: With three staircases, a common mail area, alleyway access, and a shared single-user restroom on each floor (and one each storefront space) the property provides excellent tenant flow and access. Sale Price: The property is listed for $1,200,000 $142/SF NRA or $107/SF GBA!