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Oceanfront Mixed-Use Property
For Sale
Contact for pricing
Pending

605 & 607 North Highway 101, Depoe Bay, OR 97341

Two vacation rental homes accompany a commercial shop on a C-1-zoned coastal property.

Property SizeContact for details
Lot Size0.59 Acres
Days on Market142

Property Features for 605 & 607 North Highway 101

General Information

Standard status Pending
Lot size 0.59 Acres
Property subtype Special Purpose
Zoning C-1

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 1 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units 2

Building Details

Buildings 3
Listing Agency: Taylor & Taylor Realty Co.
Listed By: Dennis Regen · License #810604051
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 5:48PM

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 Taylor & Taylor Realty Co.

Investment Insights

Based on property information with market context.

This mixed-use property combines two oceanfront homes with a commercial shop building. The larger residence offers 2 bedrooms, 2 baths, and 924 square feet, along with 92+ feet of frontage on Highway 101. The second home contains 1 bedroom, 1 bath, and 600 square feet, with 100+ feet of highway frontage and over 100 feet of ocean frontage. Both homes currently operate as vacation rentals.

The 1,350-square-foot shop includes 10-foot shop doors and may be adaptable to other uses. The property spans two tax lots totaling 0.59 acre and carries C-1 Retail Commercial zoning. Existing paid vacation-rental bookings are to be honored at closing.

Key Highlights

  • Two oceanfront homes plus a 1,350 sq ft commercial shop
  • 2‑bedroom, 2‑bath home with 924 sq ft and 92+ feet of Hwy 101 frontage
  • 1‑bedroom, 1‑bath home with 600 sq ft, 100+ feet of hwy frontage, and over 100' ft of ocean frontage

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Home Appliance Store Hair 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.

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby

Demographics for 97341, OR

2,659
Population
2,693
Households
1
Avg Household Size
60
Median Age
32%
College-Educated
98%
High-School Grad
9.9 sq mi
ZIP Area
269
Density / Sq Mi
$62,917
Median Household Income
$47,273
Median Earnings
$1,316
Median Rent
$344,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two vacation rental homes accompany a commercial shop on a C-1-zoned coastal property.
Where is this mixed-use property located?
The property is located at 605 & 607 North Highway 101 Depoe Bay, OR.
What are key features of this property?
This property features: Two oceanfront homes plus a 1,350 sq ft commercial shop; 2‑bedroom, 2‑bath home with 924 sq ft and 92+ feet of Hwy 101 frontage; 1‑bedroom, 1‑bath home with 600 sq ft, 100+ feet of hwy frontage, and over 100' ft of ocean frontage
(541) 994-9111 Call to check price and availability
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