2624 Neawanna St, Seaside, OR 97138

1,667 SF | Vacant | Flex Building | Seaside, OR 97138 | $3,200,000 ($1,920/SF) | 1.07% Cap Rate

Asking Price $3,200,000

Property Type
Industrial
Price / Square Foot
$1,920

Listing Contacts

  • Property Info

Property Overview

Investor's Delight: Rare Waterfront Opportunity on the Necanicum River and Neawanna Creek! Seize this unique chance to own a prime piece of land with stunning ocean views.
This property features: Current Home: A charming 3-bedroom, 2-bathroom. This residence is currently a successful Airbnb, generating income and offering immediate returns. Expansive Land: The property spans over 2 acres, divided into two separate lots. This generous space provides ample room for various development opportunities. Zoning: Zoned R2 for medium density, this property presents significant potential for further development. Build additional homes, a multi-family residence, or expand the existing structure your options are plentiful. Scenic Location: Enjoy the serene beauty of the Necanicum River and Neawanna Creek right at your doorstep. The breathtaking ocean views add to the charm and appeal, making it a highly desirable location for future projects. Development Potential: With plenty of space and favorable zoning, this property is ideal for investors looking to create a custom dream home, vacation rentals, or a residential development. Prospective buyers are encouraged to perform due diligence to fully understand the potential and possibilities of this unique property. Don't miss out on this exceptional investment opportunity to own and develop a remarkable property in a stunning location!

Property Details

Year Built
1914
Stories
1
Property Subtype
Flex
Lot Size (sq. ft)
94,090 SF

Highlights

  • A charming 3-bedroom, 2-bathroom single-story home, perfect for single-floor living. This residence is currently a successful Airbnb.
  • The property spans over 2 acres, divided into two separate lots. This generous space provides ample room for various development opportunities.
  • Zoned R2 for medium density, this property presents significant potential for further development; build or expand the existing structure.
  • The Necanicum River and Neawanna Creek right at your doorstep. The breathtaking ocean views add to the charm and appeal, making it highly desirable.
  • Plenty of space and favorable zoning, this property is ideal for investors looking to create a custom dream home, vacation rentals or Multi-family.
  • Prospective buyers are encouraged to perform due diligence to fully understand the potential and possibilities of this unique property.

FAQ

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