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738 Pacific Way
Gearhart, OR 97138

Gearhart Retail/Income Property · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,742 SF
Building Class
B
Year Built
1947
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.41 AC
Zoning
C-1 - Neighborhood Commercial
Parking
10 Spaces (3.65 Spaces per 1,000 SF Leased)
Frontage
100 ft on Pacific Way

About 738 Pacific Way , Gearhart, OR 97138

The property has an ideal location, just off the main shopping intersection, a few blocks from the Pacific Ocean.This beautifully landscaped property is multi-use with a commercial storefront and residential cottage duplex in the back. 1,310 SF interior retail space with an additional nursery and outdoor space with covered retail space, deck and greenhouses. The property has an excellent reputation as Gearhart’s only nursery/floral business with unique retail. Current tenant would love to continue to run the business in the nursery/retail space, if available. The retail space would also lend itself to multi-use – perfect for events, though permitting would be required. The 1,432 SF duplex was completely remodeled in 2008 and includes all furnishings. This property is zoned for short-term rental, making it one of the only vacation rentals in the heart of Gearhart. This portion of the property features full kitchen, two baths and spacious living area opening into a beautifully landscaped private yard with fire pit and patio. One unit is family-friendly, currently sleeping up to 6 and can connect to a studio, accommodating up to 2 guests. The cottage is perfect for a coastal getaway or long-term tenant.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09445
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$701,549
  • Listing ID: 5230033

  • Date on Market: 2016-12-20

  • Last Updated:

  • Address: 738 Pacific Way, Gearhart, OR 97138

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