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Flexible Retail/Office Near Ocean
For Sale
$389,000
Pending

316 N HIGHWAY 101, Rockaway Beach, OR 97136

Adaptable commercial space near the ocean with work-live potential.

Property Size2,496 SF
Lot Size0.17 Acres
Days on Market207

Property Features for 316 N HIGHWAY 101

General Information

Standard status Pending
Size 2,496 SF
Lot size 0.17 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,584

Amenities

Central air
Composition Roof
On Site
Paved
Window Unit Cooling

Building Details

Year Built 1942
Listing Agency: PHOENIX GROUP REAL ESTATE
Listed By: DANNIELLE DISTEFANO
Source: Corcoran
Added: Jan 25 Changed: Aug 14 Last Checked: Aug 14 at 10:31AM

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 PHOENIX GROUP REAL ESTATE

Investment Insights

Based on property information with market context.

Located one block from the ocean, this property offers flexibility as an office or retail space. Most recently occupied by a single business, the property includes three separate electric meters, which allows for subdivision and multiple income streams. The property features a kitchen, bedroom, and full bathroom, providing the potential for a work-live component, subject to zoning requirements mandating commercial use. Paved parking is available. The property has a size of 2496 square feet. This asset offers adaptability for owner-users or investors seeking repositioning and value-add potential.

Key Highlights

  • Located one block from the ocean.
  • Equipped with three separate electric meters, allowing for efficient subdivision and multiple income streams.
  • Ample paved parking.

Property Analytics

Current Use

Office Spaces

Suggested Use

Top Pick Auto Repair Shop Storage Facility Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Kitchen & Bath Showroom

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

196
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97136, OR

1,948
Population
2,795
Households
0.7
Avg Household Size
59
Median Age
25%
College-Educated
86%
High-School Grad
19.5 sq mi
ZIP Area
100
Density / Sq Mi
$64,286
Median Household Income
$35,759
Median Earnings
$1,195
Median Rent
$354,100
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Office space - Adaptable commercial space near the ocean with work-live potential.
Where is this office space located?
The property is located at 316 N HIGHWAY 101 Rockaway Beach, OR.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Located one block from the ocean.; Equipped with three separate electric meters, allowing for efficient subdivision and multiple income streams.; Ample paved parking.
More about this property
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