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25 NE Clarke St - Captains Quarters 2,799 SF Specialty Building Offered at $899,000 in Depoe Bay, OR 97341
INVESTMENT HIGHLIGHTS
- Ocean View
- Income Potential
EXECUTIVE SUMMARY
Spectacular Ocean View Property with Income Potential! This rare multi-dwelling opportunity offers breathtaking ocean views & excellent income potential - just moments from the shops & dining of Depoe Bay. Main residence has 4 beds/2 baths, updated kitchen w/granite countertops, SSL appliances, custom millwork, built-ins & 2 expansive decks showcasing stunning surf views. Recent upgrades incl. hardiplank siding & a newer roof. The property incl. a charming, nautically-themed triplex with three 1 bed/1 bath units - The Blue Lagoon, Coral Reef & Cabana - each w/kitchenette, gas fireplace, tankless water heater & private ocean-view deck. Units are currently operating as successful vacation rentals under outright commercial zoning. A perfect blend of coastal living & investment opportunity!
PROPERTY FACTS
| Price | $899,000 | Building Class | B |
| Price Per SF | $321.19 | Building Size | 2,799 SF |
| Sale Type | Investment | No. Stories | 2 |
| Sale Condition | 1031 Exchange | Year Built | 1940 |
| Property Type | Specialty | Corridor | Interior |
| Zoning | C-1 - Commercial | ||
| Price | $899,000 |
| Price Per SF | $321.19 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Building Class | B |
| Building Size | 2,799 SF |
| No. Stories | 2 |
| Year Built | 1940 |
| Corridor | Interior |
| Zoning | C-1 - Commercial |
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25 NE Clarke St - Captains Quarters
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