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Listed by Town & Country Sotheby's International Realty
$5,150,000
Est. payment /mo
20,765 SqFt
New
172 N HEMLOCK ST Cannon Beach, OR 97110
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 20,765 sqft
Price per Sqft $248
MLS Listing ID 383414485
Year Built 1971
Annual Tax Amount $47,928
Tax Year 2025
Lot Size 0.630 Acres
Property Sub-Type Commercial
Property Description
Positioned in the heart of downtown Cannon Beach, Sandpiper Square is a rare mixed-use investment opportunity located in one of the Oregon Coast's most desirable destination markets. The property features 11 retail suites and 3 residential apartments across approximately 20,765 SF, creating a diversified income stream in a high-traffic coastal setting. Situated along Cannon Beach's main commercial corridor near shopping, galleries, restaurants, and the beach, Sandpiper Square benefits from strong tourism demand, limited inventory, and long-term appreciation potential. Additional upside through lease-up of vacant residential units, future rent growth, or potential owner-occupy opportunity.
Location
State OR
County Clatsop
Area _189
Zoning C1
Interior
Heating Ductless, Mini Split, Zoned
Cooling Central Air
Exterior
Roof Type Composition
Garage No
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Nearby Locations
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