176 S Highway 101
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
176 S Highway 101
5,394 SF Retail Building Rockaway Beach, OR 97136 £664,300 (£123/SF)
Investment Highlights
- Located within walking distance to the beach.
- You can run two restaurants/bars in one building!
- Owner occupy permitted.
- Located on prime HWY 101.
- Includes separate room for Oregon Lottery potential.
- Retail/store front space.
Executive Summary
Located in downtown Rockaway Beach, Oregon, this unique C1-zoned property offers endless possibilities for investors or owner-occupiers. The zoning permits both commercial and residential development, with the potential to build multiple townhomes or retain one of the existing restaurants. Although currently not operating, the restaurant remains fully furnished, featuring a full commercial kitchen with pizza ovens, freezers, and more. From 2006 to 2023, the property functioned as a dual restaurant with two lounges, supported by a top-of-the-line, spacious shared commercial kitchen. Suite one boasts 3,936 square feet, complete with a large, renovated service area, full bar, and the potential for video poker. Suite two features 1,458 square feet, including a covered outdoor patio with heaters, a full
bar, and a separate space suitable for a secondary kitchen. This one-of-a-kind property offers limitless opportunities
—rent one suite and occupy the other, or expand further by building up. With lottery machines, a liquor license, and seller financing options available, this is a rare chance to invest in a prime location. All reasonable offers will be considered, and the SELLER IS WILLING TO CARRY A CONTRACT. Buyer to verify potential uses.
bar, and a separate space suitable for a secondary kitchen. This one-of-a-kind property offers limitless opportunities
—rent one suite and occupy the other, or expand further by building up. With lottery machines, a liquor license, and seller financing options available, this is a rare chance to invest in a prime location. All reasonable offers will be considered, and the SELLER IS WILLING TO CARRY A CONTRACT. Buyer to verify potential uses.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,394 SF
Year Built
1934
Price
£664,300
Price Per SF
£123
Tenancy
Single
Number of Floors
1
Building FAR
0.48
Land Acres
0.26 AC
Opportunity Zone
Yes
Zoning
C-1 - Commercial, commercial development/ residential, residential development/ owner Occupy/retail. Buyer to verify.
Frontage
100 ft on Highway 101
Amenities
- Restaurant
PROPERTY TAXES
| Parcel Number | R0047684 | Improvements Assessment | £539,617 |
| Land Assessment | £187,772 | Total Assessment | £727,389 |
PROPERTY TAXES
Parcel Number
R0047684
Land Assessment
£187,772
Improvements Assessment
£539,617
Total Assessment
£727,389
-
Gary Potts -
John L. Scott Portland SW
1 of 55
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
176 S Highway 101
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.