Mixed-Use Retail and Live-Work
171 Sunset Blvd, Cannon Beach, OR 97110
Mixed-use setup combines retail frontage, multiple tenant spaces, and live-work units for flexible ownership or tenancy plans.
Type:Retail, Mixed Use
Property size:
10,000 SFPrice / SF:
$315/SF- Added:
- Jun 9, 2026
- Days on Market:
- 17
- Last Refresh:
- Jun 20 at 7:49 am
Property Features for 171 Sunset Blvd
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Retail, Mixed Use
Listing office James Law Group
Listing date Jun 9, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of James Law Group
HighLights
- Approx. 10,000 SF mixed‑use property on Sunset Blvd with multiple commercial tenant spaces plus residential/live‑work space
- Includes approx. 7,000 SF commercial space and approx. 2,300 SF residential space with vaulted ceilings and skylights
- Three occupied units and three vacant units, offering existing income plus near‑term lease‑up potential
- C1 zoning permits up to 50% residential use for flexible future configurations and uses
- Approx. 100 feet of retail frontage along Sunset Blvd and 28 on‑site parking spaces
- Ownership is actively undertaking improvements and stabilization work in vacant spaces and throughout the property
Overview
171 Sunset Blvd in Cannon Beach is a mixed-use commercial property designed to support both retail leasing and residential/live-work use. The approximately 10,000 SF asset includes multiple commercial tenant spaces alongside residential/live-work space, totaling about 7,000 SF of commercial area and about 2,300 SF of residential area with vaulted ceilings and skylights. The property is currently configured with three occupied units and three vacant units, and the current ownership is actively undertaking improvements and stabilization work within the vacant spaces and throughout the building.
The property is positioned at a highly visible midtown entrance off Highway 101. It offers approximately 100 feet of retail frontage along Sunset Blvd and includes 28 on-site parking spaces, which can support customer access and daily operations.
With C1 zoning permitting up to 50% residential use, this building provides flexibility for investors, owner-users, or mixed-use operators looking to balance commercial leasing with residential/live-work components. The existing mix of occupied and vacant units may support an operator who wants to continue leasing activity while incorporating the in-progress improvements to stabilize and increase occupancy over time.
The property is positioned at a highly visible midtown entrance off Highway 101. It offers approximately 100 feet of retail frontage along Sunset Blvd and includes 28 on-site parking spaces, which can support customer access and daily operations.
With C1 zoning permitting up to 50% residential use, this building provides flexibility for investors, owner-users, or mixed-use operators looking to balance commercial leasing with residential/live-work components. The existing mix of occupied and vacant units may support an operator who wants to continue leasing activity while incorporating the in-progress improvements to stabilize and increase occupancy over time.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $264.0k | $26.40 |
| − Vacancy | −$40.1k | −$4.01 |
| EGI | $223.9k | $22.39 |
| − OpEx | −$56.0k | −$5.60 |
| NOI | $167.9k | $16.79 |
10,000 SF · lease $26.40/SF/yr · vacancy 15.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.40M
$2.10M – $2.80M
NOI $167,904 @ 7.0% cap · market cap 5.33%
Second Best
Retail
$2.20M
$1.92M – $2.56M
NOI $153,653 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$2.91M
$2.54M – $3.39M
NOI $203,520 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Cannon Beach Fitness
Gym & Fitness Center
Cleanline Surf
(Bike/Boat/Book/etc) Store
Michaels Music
(Bike/Boat/Book/etc) Store
Cameron Francey Health ...
Gym & Fitness Center
Copies & Fax
Shipping Company
Location Insight
- Map
- Local Demand
- City
- Cannon Beach
- County
- Clatsop
- State
- Oregon
- Longitude
- -123.9603966
- Latitude
- 45.8877666
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use setup combines retail frontage, multiple tenant spaces, and live-work units for flexible ownership or tenancy plans.
Where is this mixed-use property located?
The property is located at 171 Sunset Blvd Cannon Beach, OR.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Approx. 10,000 SF mixed‑use property on Sunset Blvd with multiple commercial tenant spaces plus residential/live‑work space; Includes approx. 7,000 SF commercial space and approx. 2,300 SF residential space with vaulted ceilings and skylights; Three occupied units and three vacant units, offering existing income plus near‑term lease‑up potential
