3003 Hwy 101, Gearhart, OR 97138

$2,999,999

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Property Description

An unique and versatile property with prime frontage on Hwy 101 in Gearhart, OR. This property, zoned C2 for commerical/residential use, is meticulousloy maintained. It features 2 commerical lease spaces, four residential apartments, and 25 storage units, with potential for additinal develoment. In total, there are seven income-generating buildings. This propert is an outstanding turnkey investment with a well established track record, reliable leases, and minimal vacancies over the past thirt years.

3003 Hwy 101 | MLS# 24546061

This commercial property located at 3003 Hwy 101, Gearhart, OR 97138 is currently listed for sale with an asking price of $2,999,999. Search Gearhart real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Electricity, Gas
Heating: Forced Air
Lot Size: 0.85 Acres
Roof Type: Composition
Taxes: $13,578
Year Built: 1925
Square Feet: 19,332

Feature Descriptions

Days on Site: 357
Gross Income: $225324.00 (Actual)
Lot Dimensions: County Assessor
Miscellaneous Features: InsideStorage, NaturalLighting, OutsideStorage, TenantSign
Operating Expenses: $12971.00 (Actual)
Present Use: Office, Other, Retail
Road Surface: Dirt
Sewer: Public Sewer, Septic Tank
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices Northwest Real Estate
Agency Phone: 503-292-9393

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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