$5,150,000
Cannon Beach, OR 97110
MLS# 26-1444
Status: Pending
3 baths | 20765 sqft
1 / 44
Property Description
Positioned in the heart of downtown Cannon Beach, Sandpiper Square is a rare mixed-use investment opportunity located in one of the Oregon Coast's most desirable destination markets. The property features 11 retail suites & 3 residential apartments across approximately 20,765 SF, creating a diversified income stream in a high-traffic coastal setting. Situated along Cannon Beach's main commercial corridor near shopping galleries, restaurants, and the beach, Sandpipe Square benefits from strong tourism.
Details
Maps
Status Change Information
Status Change Timestamp: 2026-06-02
Purchase Contract Date: 2026-06-01
Address
Within City Limits?: Yes
Street Number: 172
Street Direction Prefix: N
Street Name: Hemlock
Street Suffix: Street
County: Clatsop
State: OR
Postal Code: 97110
Directions: Spruce St then left on 2nd St, left on Hemlock
Cross Street: 2nd St
Parcel Number: 5303
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Building
Year Built Source: Assessor
Accessibility Features YN: Yes
Year Built: 1971
Stories Total: 1
Lot
Water Body Access YN: Yes
Accessory Dwelling Unit YN: No
Lot Size Acres: 0.63
Lot Size Square Feet: 27442.8
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Accessibility Features
Accessible Approach with Ramp: 1
Accessible Doors: 1
Building and Property Details
Annual Lease Rate Per Square Foot: 25.51
Construction Materials
Board & Batten Siding: 1
Wood Siding: 1
Cooling
Electric: 1
Central Air: 1
Ductless: 1
Foundation Details
Slab: 1
Heating
Electric: 1
Wood: 1
Zoned: 1
Levels
One: 1
Listing Terms
Assumable: 1
Cash: 1
Conventional: 1
Lot Features
Level: 1
Parking Features
Additional Parking: 1
Off Street: 1
On Street: 1
Paved: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Asphalt: 1
Concrete: 1
Roof
Composition: 1
Shake: 1
Wood: 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Special Listing Conditions
Standard: 1
Water Body Type
Ocean: 1
Water Source
Public: 1
Owner Pays
All Utilities: 1
Common Area Maintenance: 1
Electricity: 1
Exterior Maintenance: 1
Taxes: 1
Trash Collection: 1
Tenant Pays
Cable TV: 1
Business Type
Arts and Entertainment: 1
Convenience Store: 1
Medical: 1
Residential: 1
Retail: 1
Location of Property
City: 1
Shopping Center: 1
Sale Includes
Building: 1
Additional Tax and Location Information
Highway 101: West Side
Property Tax ID #: 5303
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Listing Information
Listing Association Name: Tillamook County BOR
Property Sub Type: Retail
Contract
Current Price: $5,150,000
Status: Pending
Begin Date: 2026-05-27
List Price: $5,150,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Tax Annual Amount: 47928.32
Tax Year: 2025
Zoning: C-1 Retail Commercial
Tax Lot: 51019
Tax Map Number: 51019DD0
Interior
Above Grade Finished Area: 20765
Below Grade Finished Area: 27443
Living Area: 20765
Bathrooms Total: 3
Parking Information
Parking Total: 43
Income and Expenses
Electric Expense: 6867
Gross Scheduled Income: 529752
Insurance Expense: 16800
Maintenance Expense: 17719
Manager Expense: 21190
Other Expense: 3528
Trash Expense: 15538
Property Features
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected; Cable Available; Electricity Connected; Sewer Connected; Water Connected
Accessibility Features: Accessible Approach with Ramp; Accessible Doors
Business Type: Arts and Entertainment; Convenience Store; Medical; Residential; Retail
Construction Materials: Board & Batten Siding; Wood Siding
Cooling: Electric; Central Air; Ductless
Foundation Details: Slab
Heating: Electric; Wood; Zoned
Levels: One
Listing Terms: Assumable; Cash; Conventional
Location of Property: Shopping Center
Lot Features: Level
Owner Pays: All Utilities; Common Area Maintenance; Electricity; Exterior Maintenance; Taxes; Trash Collection
Parking Features: Additional Parking; Off Street; On Street; Paved
Possession: Close Of Escrow
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt; Concrete
Roof: Composition; Shake; Wood
Sale Includes: Building
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: Cable TV
Water Body Type: Ocean
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Listing Office: Outside of MLS
Office Email: lynlei@ocmls.net
Last Updated: June - 02 - 2026
Information deemed reliable but not guaranteed.