2735 S Roosevelt Dr

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2735 S Roosevelt Dr

Seaside, OR 97138
Asking Price
$2.50M
Asset Type
Industrial
Class
Class B

What's Special

2735 S Roosevelt Drive is situated along the Highway 101 corridor in the southern district of Seaside, Oregon. The surrounding neighborhood features a mix of commercial services, retail centers, and residential developments. This location provides direct access to the region’s primary north-south coastal artery, facilitating logistical connections to Astoria to the north and Cannon Beach to the south. Local amenities including dining, fuel stations, and hardware suppliers are located within a one-mile radius, supporting daily operations and workforce needs. The property is suited for industrial applications such as maritime support, construction staging, or climate-controlled storage. The industrial zoning and highway proximity make it an ideal fit for regional distribution companies, light manufacturing firms, or wholesale trade contractors requiring frequent equipment transport. Typical tenants include local service providers, logistics operators, and small-scale fabrication businesses that benefit from high visibility and streamlined access to the Oregon Coast's central transportation network.

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NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631

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