COMMERCIAL FOR SALE...COMMERCIAL FOR SALE | Fitzgerald’s Cottages About Gearhart, OR Valerie Schumann Principal Broker Office: 971.265.1070Cell: 503.812.8423406 Garibaldi Avenue

COMMERCIAL

FOR SALE

Premiere Cottages for SaleGearhart’s prominent retail location and current home to the popular Natural Nook Garden and Gift Shop. On-site parking and attractive storefront with outside retail/garden area provide an attractive street presentation. Also on site, accessible from rear entrance, is the popular Fitzgerald’s Cottages. The Cottages are a vacation rental duplex offering the perfect affordable coastal retreat amidst a lovely garden setting. Call Valerie Schumann to view (discretion appreciated) - please do not disturb Tenant or guests.

Valerie SchumannPrincipal Broker

Office: 971.265.1070Cell: 503.812.8423

406 Garibaldi Avenue (Hwy 101)Garibaldi, OR 97118

Email: [email protected]

www.OregonCoastCommerical.com

Visit our new GaribaldiOffice on Hwy 101!

Property Details:2,742 sq. ft. building; 17,900 sq. ft. lot

Lot dimensions: 100’ x 180’

Short walk to the Pacific Ocean, shops, restaurants and historic golf course

2 attached Cottages and Retail Space

Cottages include kitchen and Gas Franklin stoves

On-site parking

Beautifully maintained garden area

Property taxes per year: $4,010.93

Year Built: 1946, Remodeled: 2008

Fitzgerald’s CottagesOregon Coast | $775,000

738 Pacific Way, Gearhart, OR 97138

2,742 sq. ft. building

© 2015 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC.Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway


Office: 971.265.1070Cell: 503.812.8423




Guest CottagesFitzgeralds | Gearhart, OR

© 2015 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc. *Equal Housing Opportunity.

COMMERCIAL

FOR SALE


Office: 971.265.1070Cell: 503.812.8423




Cottage FeaturesFitzgerald’s Cottages | Gearhart, OR

© 2015 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc. *Equal Housing Opportunity.

COMMERCIAL

FOR SALE

King bedrooms

Four extra long Twin beds in the “bunk room”

Gas Franklin stoves

Flat screen TV, DVD player, and stereo

Bathrooms with Italian Carrera tile, pedestal sink, rain head showers with massage pebble floor

Kitchen includes a microwave, refrigerator, stove w/oven, dishwasher, and coffee maker

Private outside area with firepit and BBQ

The Cottages features:


Office: 971.265.1070Cell: 503.812.8423



www.OregonCoastCommerical.com© 2015 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc. *Equal Housing Opportunity.

COMMERCIAL

FOR SALE

Fitzgerald’s Cottages738 Pacific WayGearhart, OR 97138


Office: 971.265.1070Cell: 503.812.8423




COMMERCIAL FOR SALE | Fitzgerald’s Cottages

About the Area

Gearhart, OR:

Gearhart enjoys small town values which can add to a lovely vacation: safe, quiet streets, friendly neighbors, and locally owned shops & restaurants. Most of the classic, old beach homes have been in the same families for generations. Fitzgerald’s Cottages are in the heart of town and within walking distance to everything fun!

Visit Distictive Beach Lodgings website:http://distinctivebeachlodgings.com/

Population: 1,488

Large influx of summer tourists

80 miles west of Portland(1 hr. 36 min. drive)

2 mi. north of Seaside

14 mi. south of Astoria

11 mi. north of Cannon Beach

Local Attractions:

20 miles of beach

Horseback Riding

Beach Combing

Historic Ridge Path

Biking

Kite Flying

Surf Fishing

Clam Digging

Shopping

Dining


About Gearhart, OR


Office: 971.265.1070Cell: 503.812.8423




Natural Beauty on the Oregon Coast

In 1848, Phillip Gearhart, eponymous father of the city of Gearhart, set out from Independence, Missouri with his family and arrived in Oregon City in October of that year. He then rented a log cabin on Clatsop Plains. In 1851, Gearhart bought a squatter’s right in the south Plains for a thousand dollars, using it to create a 640-acre donation land claim; the US patent was granted in 1874. Gearhart increased his holdings by 537 acres in 1859 through a purchase from Obadiah C. Motley, and again in 1863 by 571 acres purchased from Jefferson J. Louk. The entire parcel encompassed all of what is now called Gearhart, as well as a portion of Seaside across the estuary. Philip Gearhart built a home and farm for his family near a grist mill by Mill Creek, in a sheltered area north and east of the Necanicum estuary.

As the railroad between Astoria and Seaside, first built in 1889, became a dependable means of transportation to Seaside not only for Astorians, but for Portlanders disembarking from the ferry in Astoria, Gearhart began to draw attention as a pleasant landscape for wandering and picnicking.

Early settlers were attracted to the Gearhart HotelRidge Path as the principle byway through the dune meadows of the Phillip Gearhart land claim.

Artifacts of early transportation on the Gearhart portion of the path (e.g., horseshoes, buggy steps, spurs) can still be located occasionally with a metal detector. A house moved, by boat, from Astoria or Warrenton (according to owners’ family tradition) and placed on the Ridge Path sometime in the 1880’s still stands as evidence of the Path’s importance for early pedestrian and vehicular transportation. Situated between C and D Streets, with no property access to either street, it was obviously built before the streets of Gearhart Park had been planted-when the “street” was the Ridge Path.

Many decades have passed since Gearhart was first settled and visitors were brought by train to vacation here. Residential growth out paced and exceeded commercial growth. That is very common among Oregon Coastal Cities. Founding fathers made sure that growth did not disturb the natural beauty of the beach dunes. Open spaces were formed to limit growth in town. Changes have taken place; the train no longer bring visitors to Gearhart. Some of the many beach front homes have been passed down from generation to generation, have been remodeled and sold to other private parties. However, one thing had not changed, Gearhart remains a peaceful and beautiful place to live and visit.

Visit the City of Gearhart website:http://ci.gearhart.or.us/


Office: 971.265.1070Cell: 503.812.8423





Occupancy Stats

Month: 2013 2014 2015

January

February

March

April

May

June

July

August

September

October

November

December

*

*

*

*

*

*

*

87.10%

43.33%

35.48%

33.33%

14.29%

12.90%

14.29%

45.16%

46.67%

61.29%

46.67%

67.74%

96.77%

40.00%

32.26%

62.07%

77.78%

19.35%

35.71%

35.48%

30.00%

50.00%

46.67%

76.67%

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The information contained in this marketing brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Berkshire Hathaway HomeServices and should not be made available to any other person or entity without the written consent of Berkshire Hathaway HomeServices. This marketing brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due-diligence investigation. Berkshire Hathaway HomeServices has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, compliance with state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of the subject property. The information contained in this brochure has been obtained from sources we believe to be reliable; however, Berkshire Hathaway HomeServices has not verified, and will not verify, any of the information contained herein, nor has Berkshire Hathaway HomeServices conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

Confidentiality & Disclaimer:

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COMMERCIAL FOR SALE...COMMERCIAL FOR SALE | Fitzgerald’s Cottages About Gearhart, OR Valerie Schumann Principal Broker Office: 971.265.1070Cell: 503.812.8423406 Garibaldi Avenue