271 Hemlock St, Cannon Beach, OR 97110-3038

This exceptional Cannon Beach storefront presents a compelling investment opportunity. The 1,920-square-foot building, constructed in 1925 and extensively renovated between 2021 and 2022 (roof in 2022, rear siding in 2021), sits on a 4,792-square-foot lot with dual street access. Located in a thriving commercial district, just steps from the beach, it enjoys high visibility and consistent foot and vehicle traffic. The property boasts 100% occupancy across its two units, generating a strong net operating income (NOI) of $69,386 and a 7.01% capitalization rate. Convenient parking is available via an easement on an adjacent lot, supplemented by ample street and public parking. The property's location in a popular tourist destination, Cannon Beach, Oregon (zip code 97110), ensures a steady stream of potential customers. Its zoning is commercial, making it suitable for a variety of businesses. Public transportation is accessible via Clatsop County's Sunset Empire Transportation District. This stabilized investment, with its prime location and strong financial performance, offers significant potential for long-term growth and return. The property's high traffic location, near popular restaurants and attractions, makes it ideal for businesses catering to tourists and locals alike. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a highly desirable coastal location.