264 6TH St, PortOrford, OR 97465
sale
$750,000
|
Other
Courtesy Of 'Neath the Wind Realty, Inc.
Rare Coastal Mixed-Use Investment Opportunity! Discover an Iconic piece of Oregon Coast history with this impressive 1925 building, once known as the historic White Hotel. Ideally located in the heart of town directly across from Battle Rock Park and the Ocean Beaches, this property offers Ocean views, exceptional visibility, and a prime location along Highway 101. The property features six residential rental apartments upstairs and three retail/commercial units downstairs, creating a versatile mixed-use investment opportunity. The residential units have been updated, and the building has received extensive improvements including new plumbing and electrical throughout. The front Ocean-view one-bedroom apartment is currently undergoing remodeling, offering additional upside potential. Tenants enjoy convenient onsite laundry, while the property's long-term rental history provides stability, with renters averaging approximately 12 years of occupancy. The ground-floor commercial spaces benefit from approximately 90 feet of Highway 101 frontage, offering excellent exposure for retail shops or other commercial uses. Enjoy an unbeatable in-town location with easy access to the Beach, Shopping, Library, Waterfront, and Dock. Whether you're seeking a well-established income-producing property, a historic landmark investment, or a unique mixed-use opportunity on the Southern Oregon Coast, this exceptional building offers location, character, and potential.
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Property Features
- Age: Over 50 Years Old
- Exterior Type: ShakeSiding
- Exterior Type: MetalSiding
- Exterior Type: WoodFrame
- Floors: 2
- Heating System: Zoned
- Legal Description: TRS 3315-05DA-04801
- MLSID: 591984924
- Roof Type: Built-Up
- Roof Type: Composition
- View Type: Ocean
- View Type: City
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