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Live-Work Property with Separate Studio
For Sale
$589,000

10261 NW PACIFIC COAST HWY, Seal Rock, OR 97376

Commercial Sale, Seal Rock, OR

Property Size2,515 SF
Lot Size0.28 Acres
Price / SF$234.19
Days on Market94

Property Features for 10261 NW PACIFIC COAST HWY

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-T Tourist Commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking features Oversize, Off Street
Window features Blinds
Fireplace 1
Appliances Microwave, Electric Oven, Electric Range, Water Heater, Washer, Dryer, Refrigerator, Microwave, Electric Oven, Electric Range, Water Heater, Washer, Dryer, Refrigerator
Subdivision Seal Rock Resort
Lot features Level
Directions Take Hwy 101 to Seal Rock, buildings on the east side of the highway, about half a block north of the Seal Rock Recreation Site.
Standard status Active
APN 121225AD-6501-00
Size 2,515 SF
Lot size 0.28 Acres

Additional Details

Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3550

Utilities

Sewer type Septic Tank
Heating system Ductless (Heating), Zoned, Electric (Heating), Wood
Cooling system Ceiling Fan(s)
Water source Public

Amenities

hardwood floors
half bath
wet sink area
natural light
partial ocean views
full bath
washer/dryer hookup
kitchen
dining area
living area
sleeping area
rear property access
private parking

Building Details

Year built 1986
Floors in Building 2
Flooring type Hardwood, Carpet
Building materials T1-11 Type
Roof type Shingle, Composition
Additional Structures Workshop
Buildings 2
Listing Agency: Emerald Coast Realty - Yachats
Listed By: Robert Haselhuhn · License #201231701
Added: Jul 24 Changed: Oct 24 Last Checked: Oct 25 at 8:06PM
MLS# 26-2059

Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 2,515-square-foot live-work building places commercial space on the first floor and living quarters above. The lower level has hardwood flooring, a half bath and a wet sink area. Upstairs are a kitchen, dining and living areas, sleeping space, a full bath, and washer and dryer hookups; the upper floor also receives natural light and has partial ocean views. A separate building on the adjoining property provides additional studio, shop, or retail space. The site totals 0.28 acres and includes off-street parking with rear access.

Located at 10261 NW Pacific Coast Hwy in Seal Rock, the property is zoned C-T Tourist Commercial. Public water and a septic system serve the property. Built in 1986, the main building has a composition shingle roof and electric heating, with a wood heating source also listed.

Key Highlights

  • 2,515‑square‑foot live‑work building with commercial space below and living quarters above
  • Separate building offers additional studio, shop, or retail space
  • 0.28‑acre site with rear access and off‑street parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,692
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,840 $773.8K
Cap Rate 7%
$552,743 $552.7K
Cap Rate 9%
$429,911 $429.9K
Market Conditions
NOI Build-Up for 2,515 SF
Gross rent
$67.0K $26.64/SF
− Vacancy
−$15.4K −$6.13/SF
EGI
$51.6K $20.51/SF
− OpEx
−$12.9K −$5.13/SF
NOI
$38.7K $15.38/SF
Area
Lincoln County, OR
Vacancy
23.00%
Lease Rate
$26.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,840
Cap Rate 7%
$552,743
Cap Rate 9%
$429,911

Alternative Uses

Best Use
Office B
$552.7K
$483.7K – $644.9K (±1% cap)
NOI $38,692 @ 7.0% cap · market cap 6.57%
Second Best
Retail
$437.3K
$382.6K – $510.1K (±1% cap)
NOI $30,608 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$656.0K
$574.0K – $765.3K (±1% cap)
NOI $45,919 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Live-work space

Suggested Use

Top Pick Plumbing Service Building Supply Storage Facility Cafe & Coffee Shop Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby

Demographics for 97376, OR

1,351
Population
846
Households
1.6
Avg Household Size
61
Median Age
23%
College-Educated
93%
High-School Grad
60.7 sq mi
ZIP Area
22
Density / Sq Mi
$59,976
Median Household Income
$31,042
Median Earnings
$948
Median Rent
$411,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Live-work space - C-T Tourist Commercial zoning supports a mix of business and residential space.
Where is this live-work space located?
The property is located at 10261 NW PACIFIC COAST HWY Seal Rock, OR.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: 2,515‑square‑foot live‑work building with commercial space below and living quarters above; Separate building offers additional studio, shop, or retail space; 0.28‑acre site with rear access and off‑street parking
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