35815 Highway 101, Nehalem, OR 97131

$1,100,000
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Property Description

Rare riverfront investment in the heart of Nehalem! This mixed-use gem sits right on the Nehalem River with front-row views of water and mountains from nearly every angle. The lower level is home to a thriving restaurant (*see note below) with a spacious deck for riverside dining and cozy indoor seating for those cooler coastal evenings. Big windows throughout flood the space with natural light and those gorgeous river views. Upstairs, a beautifully updated 3-bed, 2-bath apartment offers its own private deck overlooking the river, a propane fireplace, radiant heat floors in primary bathroom, a walk-in closet, laundry room, and office space… ideal for owner-occupants or rental income. Nehalem's tucked-away charm has drawn more visitors in recent years, with new restaurants and shops adding to its small-town appeal. With decks on both levels made for soaking in the scenery and just 2 miles to Manzanita Beach, this is coastal living and smart investing rolled into one, don't miss this rare chance to own a piece of it. Shown by appointment only. Please do not disturb tenants. *Sale includes building and land only; restaurant business/operations not included.

35815 Highway 101 | MLS# 327314880

This commercial property located at 35815 Highway 101, Nehalem, OR 97131 is currently listed for sale with an asking price of $1,100,000. Search Nehalem real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Business
Cooling: Evaporative Cooling
Fuel Type: Electricity, Propane
Heating: Other, Radiant, Zoned
Lot Size: 0.13 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $4,838
Year Built: 1978
Square Feet: 3,491

Feature Descriptions

Body of Water: Nehalem River
Days on Site: 83
Gross Income: $58000.00 (Actual)
Lease Information: $4900.00 (Amount)
Miscellaneous Features: AccessibleDoors, AccessibleEntrance, ConformstoADA, NaturalLighting, OutsideLighting, Ramp
Operating Expenses: $9837.00 (Actual)
Parking Notes: OffStreet, OnStreet
Present Use: Other, Restaurant
Road Surface: Paved
Sewer: Public Sewer
Special View Info: Mountain, River, Trees/Woods
Truck Door: None
Water: Public Water
Waterfront: River Front

Listed By / Shown By

Listed By

Agency Name: Pete Anderson Realty
Agency Phone: 503-368-5141

Shown By

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

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