176 S HIGHWAY 101 Rockaway Beach, OR $ 849,000
176 S HIGHWAY 101
$ 849,000
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176 S HIGHWAY 101

Rockaway Beach, OR, 97136
$ 849,000
Baths0.0 Sq 5,394

Monthly Estimate*

$ 5,085

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Studio

Commercial Property for sale in Rockaway Beach, OR

for $849,000. This 5,394 square foot building was built in 1934 on a lot size of 0.26.

Located in downtown Rockaway Beach, Oregon, this unique C1-zoned property offers endless possibilities for investors or owner-occupiers. The zoning permits both commercial and residential development, with the potential to build multiple townhomes or retain one of the existing restaurants. Although currently not operating, the restaurant remains fully furnished, featuring a full commercial kitchen with pizza ovens, freezers, and more. From 2006 to 2023, the property functioned as a dual restaurant with two lounges, supported by a top-of-the-line, spacious shared commercial kitchen. Suite one boasts 3,936 square feet, complete with a large, renovated service area, full bar, and the potential for video poker. Suite two features 1,458 square feet, including a covered outdoor patio with heaters, a full bar, and a separate space suitable for a secondary kitchen. This one-of-a-kind property offers limitless opportunities—rent one suite and occupy the other, or expand further by building up. With lottery machines, a liquor license, and seller financing options available, this is a rare chance to invest in a prime location. All reasonable offers will be considered, and the SELLER IS WILLING TO CARRY A CONTRACT. Buyer to verify potential uses.

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Commercial Active

Price

$ 849,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,199

Style

Commercial

Lot Size

0.26

Year Built

1934

Town/City

Rockaway Beach

County/Region

Tillamook

MLS | Web ID

24290876

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Flat
Zoning C1
HOA 0
Construction Materials Brick
Year Built 1934
Sale Includes Building Equipment Land
Stories 1
Property SubType Commercial
Tax Year 2023
Current Use FoodService Lounge Restaurant
Gross Income 0
County Tillamook
Operating Expense 0
Property Type CommercialSale
Home Owner Assoc 0
Status Active
Directions Highway 101 x 2nd Ave
City RockawayBeach
Body of Water Pacific Ocean
MLS Area _195
Lot Size Square Feet 11325.0
Terms Cash Contract Conventional
Tax Annual Amount 9199.72
Property Condition Existing
Days on Market 0
Standard Status Active
Legal Description 2N1032CC07700
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Exterior
Road Frontage 100
Parking Features OnStreet
Water Source PublicWater
Number of Buildings 1
Building Area Total 5394.0
Lot Dimensions 100x120
Lot Size Acres 0.26
Road Surface Type Paved
Other Equipment Fixtures Furniture SmokeDetector
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Interior
Ceiling Height 11
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Internal Only
Street Number 1 176
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* Excluded Features
List By
John L Scott Portland Sw

Broker

garypotts@att.net

Email

Affordability Calculator

$5,851
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,085
Monthly Property Taxes
$767
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2024$849,000 Listed Price

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176 S HIGHWAY 101, Rockaway Beach, OR, 97136 is a Commercial Property for sale at $849,000 with 5,394 sqft and a lot size of 0.26. 176 S HIGHWAY 101 is a studio with 0.0 baths and was built in 1934. The property's zip code is 97136 which is in Rockaway Beach, OR