Two contiguous improved lots in the heart of midtown Cannon Beach! Each improved with a cedar-shingle building and joined by a shared driveway to off-street parking at the rear, offered together as a single value-add opportunity. The north property is built out with four studio units and the south with three. Some with ocean views from the upper levels and decks. They're in close proximity to the beach access, Haystack Rock, and the shops and galleries of downtown. Offered as-is and priced for the opportunity you envision ahead. To renovate and reimagine a rare double parcel in one of the Oregon Coast's most enduring markets. Both structures have been professionally inspected, with reports available to qualified buyers. Zoned R2, the existing multi-unit configuration predates current zoning, so permitted use and any redevelopment should be verified with the City of Cannon Beach (Agents see private remarks). Opportunities of this size and setting are rare, don't miss out.