123 laneda flyer - loopnet...manzanita is a quiet, peaceful village surrounded by the natural beauty...

Manzanita, Oregon

FOR

SALE

2 YEAR COMMERCIAL LEASES AND 1 YEAR RESIDENTIAL LEASE IN PLACESELLER FINANCING AVAILABLE WITH AS LITTLE AS $150K DOWN

COMMERCIAL

Valerie Schumann, Office: 971-265-1070Cell: [email protected] Garibaldi Ave. Garibaldi, Oregonwww.oregoncoastcommercial.com

© 2016 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. BerkshireHathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity.

COMMERCIAL



Berkshire HathawayHomeServices NorthwestCOMMERCIAL has the privilegeof offering for sale this primecommercial/residential propertyin the heart of the beautifulOregon Coast resort communityof Manzanita.

This property is located just twoblocks from the beach onLaneda Avenue, the streetdesignated by the city as itsprime downtown commercialcorridor.

The building is especially suitedfor upstairs living (orcommercial use) and street levelretail/commercial. The upstairs,which is currently leasedthrough May 2017, has beenextensively and meticulouslyremodeled into an attractiveliving space.

Property OverviewThe street levelspace is currentlyleased to twocommercialtennants. Thebuilding islocated next doorto the popularSand Dune Pub, asuccessful andlong-establishedgathering spot fortourists and locals, alike.

Manzanita is a quiet, peacefulvillage surrounded by thenatural beauty of the PacificOcean, Neah-Kah-Nie Mountainand state and private forests.

This is an ideal opportunity fora buyer interested in relaxedresort living, while enjoyingthe benefits of having theirbusiness income in the spacebelow.

Property Summary

Address ......................123 Laneda Ave. & 150 N. Carmel Ave Manzanita, OR 97130

County ........................TillamookTaxes in 2015-16.........$4,192.66Lot ..............................3N1029BD13700Zoning ........................C-1Sale Includes ..............Building and LotYear Built ...................1918/ 2004 Upstairs Unit Constructed, 2007 Upstairs RemodelGross SF .....................3,462Parking Spaces ..........0-10 on-siteLot Size ......................0.10 acres (4,356 SF)Roof ...........................Composition shingleBuilding Exterior .......LapTopography ...............Level

COMMERCIAL



Property Features

• Unique purchase opportunity on the maincommercial street off the popular PacificCoastal Byway (U.S. Highway 101)

• Located in the prime downtown locationjust two blocks from the 7-mile-long beach.

• Walk to great restaurants, bakeries,bookstore, grocery stores, coffee shops anda variety of retail stores. Everything withineasy walking distance.

• Includes a large laundry room and a two-car garage withample storage.

• On-site parking.

• Elevator shaft built-in for future addition ofelevator between floors.

Street Retail/Commercial

• Versatile retail/office space.

• Attractive front porch access.

• Additional side entry door.

• Side yard area.

Upstairs Living Space Features

• Two decks – one with ocean view down the mainstreet.

• Space is filled with light.

• The second floor was built in 2004, remodeled in 2007.

• A large, fully-equipped, open kitchen-living-dining areawith bamboo flooring.

• The master bedroom includes an en suite bath.

COMMERCIAL



Manzanita, Oregon

PacificOcean

COMMERCIAL



Manzanita is a quiet, peaceful village surrounded by thenatural beauty of the Pacific Ocean, Neah-Kah-NieMountain, and state and private forests. Not quite two hourswest of Portland via Highway 6 or Highway 26, 14 milessouth of Cannon Beach and 25 miles north of Tillamook onHighway 101.

Visitors to Manzanita enjoy its seven miles of quiet oceanbeach, horseback riding, a nine-hole golf course and twostate parks for camping and beachcombing.

Neah-Kah-Nie Mountain extends dramatically down intothe sea on the north end of Manzanita. A trail up themountain leads to a breathtaking panoramic view of thenorthern Ore gon coast and the Pacific Ocean. Manzanitais sandwiched between two beautiful state parks - OswaldWest State Park to the north and Nehalem Bay State Parkon the south.

Nehalem Bay State Park is on the south end of town is thelarger of the two. The park extends to the tip of the spitenclosing Nehalem Bay and features large RVcampgrounds, yurts, a horse camp with corrals, air stripwith fly-in camping, and a hiker-biker camp.

The City of Manzanita and the surrounding area is builtlargely on stabilized sand dunes. The tree cover is matureshore pine, with interspersed areas of beach grass. Thecity’s comprehensive plan encourages the maintenance ofopen space, and the rural character of the community.

Manzanita's economy is based primarily on in the secondhome and weekend tourist business. Approximately 66percent of the sewer hookups within the Urban Growth Areaare seasonal resi dences.

The growth thathas occurredsince the installa-tion of the sewersystem isgenerallyattributed torecre ationorienteddevelopment.

The fact that Man zanita has no property zoned industrial,or general commercial indicates its desire to remainprimarily residential. Commercial services are geared tothe support of the people who live in or visit the town.

Recent efforts to improve commercial services havecentered on Laneda Avenue, the "Downtown,",where newcommercial structures have been built or upgraded and aninterest by business people to improve its appearance hassurfaced and an active Manzanita Business Alliance isworth joining!

The scenic value of the beach is reflected in the City'szoning policies. The beachfront area is zoned residentialfor the most part, with a small section devoted to "LimitedCommercial" on Laneda and Ocean.

Visit: The City of Manzanita website atwww.ci.manzanita.or.us

About Manzanita

COMMERCIAL



Currently used as a vacation rental.For information, go to

www.oceanedge-vacation-rentals.com/ unit/ Details/ 45170

Building DescriptionSqFt

Retail …............................2,0022nd Flr Apartment ..........1,460Garage-ATT FIN ..…............446Porch ........….….….............186Deck ............….……............186Balcony ...….……..................55ADA Ramp .….……...............98

COMMERCIAL



N. CA

RMEL

AVE.

LANEDA AVE.This map has been enlarged for clarity.

Parcel Map3N1029BD13700

Confidentiality & DisclaimerThe information contained in this marketing brochure isproprietary and strictly confidential. It is intended to be reviewedonly by the party receiving it from Berkshire HathawayHomeServices Northwest COMMERCIAL and should not be madeavailable to any other person or entity without the written consentof Berkshire Hathaway HomeServices Northwest COMMERCIAL.This marketing brochure has been prepared to provide summary,unverified information to prospective purchasers, and to establishonly a preliminary level of interest in the subject property. Theinformation contained herein is not a substitute for a thoroughdue-diligence investigation. Berkshire Hathaway HomeServicesNorthwest COMMERCIAL has not made any investigation, andmakes no warranty or representation, with respect to the incomeor expenses for the sub - ject property, the future projectedfinancial performance of the property, the size and square

footage of the property and improvements, the presence orabsence of contaminating substances, compliance with stateand federal regulations, the physical condition of theimprovements thereon, or the financial condition or businessprospects of the subject property. The information contained inthis brochure has been obtained from sources we believe to bereliable; however, Berkshire Hathaway HomeServices NorthwestCOMMERCIAL has not verified, and will not verify, any of theinformation contained herein, nor has Berkshire HathawayHomeServices Northwest COMMERCIAL conducted anyinvestigation regarding these matters and makes no warranty orrepresentation whatsoever regarding the accuracy orcompleteness of the information provided. All potential buyersmust take appropriate measures to verify all of the informationset forth herein.

123 laneda flyer - loopnet...manzanita is a quiet, peaceful village surrounded by the natural beauty...

Documents