279 N Hemlock ST Cannon Beach, OR97110
$718,000
$60,000 annual income
1200 sq. ft
3,000 to 4,999 SqFt
Zoning: c-1
1462 days on market
VestorFilter™
Price per ft²$598.33/ft²
Price per acre$6.53M/ac
Time on market1462 days
Property Description
Rare, new commercial construction in the heart of downtown Cannon Beach with an 8 Cap Rate. An opportunity to own a prime commercial property in the most popular city on the Oregon Coast. A seller leaseback structured as a NNN lease gives an investor an 8 Cap Rate on this investment. Five on-site parking spaces,1200 SF of new construction while maintaining the character and charm of the original structure.
{{ compliance-logo }}Listing Provided By Hasson Company
Financial Data
Date Sold2020-09-11
Sold Price$718,000
Original Price$750,000
Current Price$718,000
Property Taxes$2,694
Find On Map
Home Facts
StatusSold
Year Built2020
MLS ID20146593
