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171 Sunset Blvd 9,700 SF 60% Leased Retail Building Cannon Beach, OR 97110 $3,794,310 CAD ($391.17 CAD/SF)



Investment Highlights
- Retail with apartments over the top across from Pelican Brew Pub in Cannon Beach
Executive Summary
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.
Investment & Location Highlights
$450,000 Price Reduction for a quick sale
• Prime Midtown Cannon Beach Location
• Highly Visible Corner Property Across from Pelican Brew Pub
• Four retail spaces on the ground floor with Two, 2nd Floor Apartments
• Existing Income with Lease-up Upside
• 28 On-Site Parking Spaces (very hard to find in Cannon beach, most owners need to lease additional spaces to meet parking codes)
• Strong Retail Frontage and Display Windows with excellent signage on Sunset Blvd. located on the ramp from Hwy 101 to mid-town Cannon Beach
• C1 Zoning Allowing Flexible Use Configurations, Apts. + commercial
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.
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.
Investment & Location Highlights
$450,000 Price Reduction for a quick sale
• Prime Midtown Cannon Beach Location
• Highly Visible Corner Property Across from Pelican Brew Pub
• Four retail spaces on the ground floor with Two, 2nd Floor Apartments
• Existing Income with Lease-up Upside
• 28 On-Site Parking Spaces (very hard to find in Cannon beach, most owners need to lease additional spaces to meet parking codes)
• Strong Retail Frontage and Display Windows with excellent signage on Sunset Blvd. located on the ramp from Hwy 101 to mid-town Cannon Beach
• C1 Zoning Allowing Flexible Use Configurations, Apts. + commercial
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,700 SF
Building Class
C
Year Built
1972
Price
$3,794,310 CAD
Price Per SF
$391.17 CAD
Percent Leased
60%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.49
Lot Size
0.45 AC
Zoning
C1 - Mixed Use Commercial. Up to 50% residential use permitted. Two apartments upstairs.
Parking
28 Spaces (2.89 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Skylights
- Storage Space
- Air Conditioning
- Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
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171 Sunset Blvd
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