Date
Details
Price
Change
Source
5/27/2026
Listed
$5,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$5,150,000 Just Listed
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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 and 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, Sandpiper Square benefits from strong tourism demand, limited inventory, and long-term appreciation potential. Additional upside through lease-up of vacant residential units, future rent growth, or potential owner-occupy opportunity.
Full Property Details
Full Property Details for 172 N Hemlock St
General
- Price: $5,150,000
- Taxes: $47,928 (2025)
- Status: Active
- Type: Retail
- Source: RWMLS
- MLS ID: 383414485
- Updated: 5/27/2026
- Added to Site: 2 day(s) ago
Location
- County: Clatsop
- Driving Directions: N. Spruce to E. 2nd to N. Hemlock
Community
- Community Name: 189 - Clatsop Co: Cannon Beach/Tolovana Park
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Ductless, Mini Split, Zoned
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Construction: Wood Siding
- Roof: Composition
- Square Feet: 20,765
- Current Bldg. Use: Other, Retail
- Year Built: 1971
Lot Features
- Lot Size (Acres): 0.63
- Lot Size (Sq. Ft.): 27,442
- Lot Size: 20, 000 SqFt to .99 Acres
Financial Considerations
- Operating Expenses: $173,286
- Tax Amount: $47,928.32
- Tax Year: 2025
- Terms: Cash, Conventional, Other
Disclosures and Reports
- Legal Description: METES & BOUNDS
- Property ID: 5303
Listed by Town & Country Sotheby's International Realty (541) 757-1781, Lisa Boyd (541) 232-7477
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Listing agent
— 172 N Hemlock St —
Lisa Boyd
Town & Country Sotheby's International Realty
541-757-1781
NMLS#: 1598647
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Schools
Schools serving 172 N Hemlock St
School District:Seaside School District 10
| Name | Grades | Distance |
|---|---|---|
Seaside Heights Elementary School 2000 Spruce Drive, Seaside, OR 97138 | K-5 | 6.7 mi |
Seaside Middle School 2600 Spruce Drive, Seaside, OR 97138 | 6-8 | 6.8 mi |
Seaside High School 2600 Spruce Drive, Seaside, OR 97138 | 9-12 | 6.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 172 N Hemlock St
Tax History
Tax History for 172 N Hemlock St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$47,928
1%
$3,862,228
3%
2024
$47,331
11%
$3,749,737
3%
2023
$42,765
5%
$3,640,523
6%
2021
$40,797
-2%
$3,431,544
-3%
2022
$41,653
2%
$3,534,490
6%
2021
$40,797
—
$3,331,597
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 172 N Hemlock St
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- Condo / Townhouse
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 2,942Sq. Ft.
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- Active
- Updated 2 days ago
- 5Beds
- 4Total Baths
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- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
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- Active
- Updated 15 hours ago
- 3Beds
- 3Total Baths
- 1,920Sq. Ft.
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- Commercial Service
- Sold
Listed by Keller Williams Realty Portland Premiere, Bradley King
Sold by The Whitney Land Company, Ashley Moala
Sold by The Whitney Land Company, Ashley Moala
172 N Hemlock St, Cannon Beach, OR 97110 (MLS# 383414485) is a Retail property. 172 N Hemlock St is currently listed for $5,150,000 and was received on May 27, 2026. Want to learn more about 172 N Hemlock St? Do you have questions about finding other Retail real estate for sale in Cannon Beach? You can browse all Cannon Beach real estate or contact a Coldwell Banker agent to request more information.