Versatile Mixed-Use Property in Gearhart

3003 Hwy 101, Gearhart, OR 97138

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For Sale

$2,999,999

Income-generating property with commercial, residential, and storage spaces.

Type:Commercial

Property size:

19,332 SF

Lot size:

0.85 Acres

Price / SF:

$155/SF

HighLights

Prime frontage on Hwy 101 in Gearhart, OR.
Zoned C2 for commercial/residential use, offering versatile development options.
Turnkey investment property with seven income‑generating buildings.
Includes 2 commercial lease spaces, four residential apartments, and 25 storage units.
Well‑established track record with reliable leases and minimal vacancies over the past thirty years.
Meticulously maintained property with potential for additional development.

We can help!

Listing Contact

WENDY HEMSLEY

Learn more

For Sale

$2,999,999

Income-generating property with commercial, residential, and storage spaces.

Type:Commercial

Property size:

19,332 SF

Lot size:

0.85 Acres

Price / SF:

$155/SF

Added:: Mar 27, 2024
Days on Market:: 806
Last Refresh:: Apr 5 at 8:22 pm

Property Features for 3003 Hwy 101

General Information

Standard status: Active
Size: 19,332 SF
Lot size: 0.85 Acres
Property subtype: Commercial

Building Details

Year Built: 1925

We can help!

Listing Contact

WENDY HEMSLEY

Listing agent WENDY HEMSLEY License #201235010

Listing office BERKSHIRE HATHAWAY HOMESERVICES NORTHWEST REAL ESTATE

Listing date Mar 27, 2024

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY HOMESERVICES NORTHWEST REAL ESTATE

HighLights

Prime frontage on Hwy 101 in Gearhart, OR.
Zoned C2 for commercial/residential use, offering versatile development options.
Turnkey investment property with seven income‑generating buildings.
Includes 2 commercial lease spaces, four residential apartments, and 25 storage units.
Well‑established track record with reliable leases and minimal vacancies over the past thirty years.
Meticulously maintained property with potential for additional development.

Overview

This versatile property is located in Gearhart, Oregon, with frontage on Highway 101. Zoned C2 for commercial and residential use, the property includes two commercial lease spaces, four residential apartments, and 25 storage units. There are seven income-generating buildings on the property, with potential for additional development. The property has been meticulously maintained and presents a turnkey investment opportunity with a well-established track record, reliable leases, and minimal vacancies over the past thirty years. The property size is 19332 square feet.

Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Location Insight

Map
Local Demand

City: Gearhart
County: Clatsop
State: Oregon
Longitude: -123.911
Latitude: 46.0187

For sale
Mixed-use properties
OR
Gearhart
97138
3003 Hwy 101

What type of property is this?

Mixed-use property - Income-generating property with commercial, residential, and storage spaces.

Where is this mixed-use property located?

The property is located at 3003 Hwy 101 Gearhart, OR.

What is the asking price?

The asking price for this property is $2,999,999.

What are key features of this property?

This property features: Prime frontage on Hwy 101 in Gearhart, OR.; Zoned C2 for commercial/residential use, offering versatile development options.; Turnkey investment property with seven income‑generating buildings.