$540,000

Opportunity in Cannon Beach's desirable Presidential Streets neighborhood! Just blocks from the beach, downtown shops, galleries and restaurants, this existing duplex offers two separate living spaces in one of the coast's most sought-after locations. Whether you're looking for a coastal getaway with additional living space for guests, a primary residence with potential rental income, or an investment property, there are several possibilities to explore.Situated on two tax lots with R2 zoning, the property offers a unique opportunity for buyers willing to bring their vision and make improvements over time. The property offers potential for future improvements or redevelopment, subject to buyer due diligence and applicable City of Cannon Beach requirements.The property is priced with its current condition in mind and is being offered AS-IS. Both units are currently tenant occupied, with one expected to become vacant. Please do not disturb tenants. A minimum of 48 hours' notice is required for occupied-unit showings. Buyer to perform due diligence regarding zoning, lot configuration, permitted uses and future improvements.