Pacific City on the Oregon coast adjacent to famous Cape Kiwanda. Excellent value add opportunity with seller financing available. This is a shopping plaza built in 2003 with 8,095 SF gross leasable SF in three buildings plus 3,468 SF of common area decking on 0.81 acres. It is an outstanding retail / office mix property in the he heart of Pacific City on the Oregon Coast, home of the Pacific Dory Fleet and the renowned Cape Kiwanda State Natural Area. Built at a cost of nearly $2 million and now coming back from the recession, it is approximately 60% leased and climbing. Currently occupied by a thriving general merchandise retailer, real estate office, art gallery, other retail and office tenants, it has lacked aggressive marketing and lease management. The owners have moved out of the area to manage other business interests and are offering attractive terms for the right buyer. Great upside potential. Nearby 3,000 SF ocean front residence may also be available.

Pacific City on the Oregon coast adjacent to Kape Kiwanda.

Excellent seller financing available.

Value add opportunity.

Retail and office mix.