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Investment Highlights
- Great Highway Location
- Local Favorite Deli
- Popular Oregon Coast Town
- Possibility of combining w/ contiguous vacant lot for sale
Executive Summary
MIXED USE PROPERTY - Popular RB Store closed years ago with rear residence. Seller may consider Seller Financing, check with Broker. North Rockaway Beach Free-Standing Commercial location. Rockaway Beach known as the "Family Beach Town" attracts visitors far and wide to this North Oregon Coast Beach Town. Approximately 2,905SF building situated on an .49 Acre Lot (21,345 SF), offering abundant on-site parking, along Hwy 101 - Pacific Coast Scenic Byway. Prior to the RB Store operation, the building was home to a long-standing 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 within easy walking distance. Rear area beyond back outside mowed area, is wetlands. Contiguous vacant lot property is also available for sale.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$5,554
|
$1.91
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$5,554
|
$1.91
|
Financial Summary (Actual - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $5,554 |
| Annual Per SF | $1.91 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $5,554 |
| Annual Per SF | $1.91 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,905 SF
Building Class
C
Year Built
1950
Price
$566,160 CAD
Price Per SF
$194.89 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.49 AC
Opportunity Zone
Yes
Zoning
C1 - Highway Commercial
Frontage
174’ on Hwy 101
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R0034625 | Total Assessment | $466,184 CAD (2025) |
| Land Assessment | $328,073 CAD (2025) | Annual Taxes | $5,554 CAD ($1.91 CAD/SF) |
| Improvements Assessment | $138,111 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
R0034625
Land Assessment
$328,073 CAD (2025)
Improvements Assessment
$138,111 CAD (2025)
Total Assessment
$466,184 CAD (2025)
Annual Taxes
$5,554 CAD ($1.91 CAD/SF)
Tax Year
2024
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1720 N Hwy 101
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