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    3470 Highway 101 Gearhart, OR 97138

    For Sale
    $1,589,000

    COMMERCIAL - Gearhart, OR

    Property size:
    8,020 SF
    Lot size:
    0.67 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 3470 Highway 101

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C2
    APN
    52535
    Size
    8,020 SF
    Lot size
    0.67 Acres

    Utilities

    Heating system
    Heat Pump (Heating), Forced Air

    Building Details

    Year built
    2001
    Floors in Building
    1
    Building materials
    ShakeSiding, WoodFrame
    Roof type
    Composition

    Windermere Realty Trust (503) 220-1144 [email protected]

    Listing agent Pamela Ackley (503) 738-8522

    Listing date Nov 17, 2025

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gearhart Commercial Property on Highway

    This commercial property is located in Gearhart, Oregon, along Highway 101. The property is suitable for retail, office, or mixed-use purposes. The main tenant space has been updated with fresh paint and modern flooring. The property is currently occupied by long-term tenants. The property has a size of 8020 square feet and is situated on a 0.67-acre lot. The zoning is C2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gearhart
    County
    Clatsop
    State
    Oregon
    Longitude
    -123.912392
    Latitude
    46.024992

    Nearby Similar for Sale

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    • $1,580,000
      8,175 SF

      Retail Property with Sherwin-Williams

      Retail property anchored by Sherwin-Williams with upside potential.
      3527 Highway 101 N, Gearhart, OR 97138
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    • $2,600,000
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      Gearhart Hwy 101 Motel Investment

      Beachfront Motel, 25 Units, 5.49 Acres
      4253 Highway 101, Gearhart, OR 97138
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    FAQs

    What type of property is this?
    Retail space - Retail and office property with high visibility on Highway 101.
    Where is this retail space located?
    The property is located at 3470 Highway 101 Gearhart, OR.
    What is the asking price?
    The asking price for this property is $1,589,000.
    What are key features of this property?
    This property features: - Prime location on highly traveled Highway 101 in central Gearhart, offering unmatched visibility and steady traffic flow.; - Long-term tenants in place, providing immediate income and stability.; - Versatile property suitable for retail, office, or mixed-use purposes.
    (503) 738-8522
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    3470 Highway 101 Gearhart, OR 97138
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3470 Highway 101 Gearhart, OR 97138
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