Coaster Village Retail Center

Sandpiper Leadx

Coaster Village Retail Center
240 North Hemlock Street
Cannon Beach, OR 97110

Offered at $2,100,000. Sold

Investment Overview
100% leased four tenant retail asset
• Offered at a 6.3 cap rate $2,100,000

Location Highlights
• Twelve year old building in the heart of Cannon Beach, OR
• 5,778 sq ft of leased space
• 18 onsite parking spaces plus four additional leased spaces
• Easy access

About Cannon Beach, OR: Named as one of “The Best Art Towns in America” by author John Villani, “One of the World’s most Beautiful Places”, National Geographic. The City of Cannon Beach is located on the Pacific Northwest Coast of Oregon, 80 miles west of Portland and 25 miles south of Astoria. Cannon Beach is surrounded by the rugged natural beauty of forests, ocean beaches, rivers, and the Oregon Coast Mountain range. Four miles in length, a popular and picturesque resort area, playing host to more than 750,000 visitors annually.

KIP H. RUNNING Principal Broker