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Waterfront Marina With Rental Operations
For Sale
$1,490,000

278 Marine Dr, Wheeler, OR 97147

Marina combines on-site retail, watercraft rentals, and a remodeled residence.

Property Size3,260 SF
Price / SF$457.06
Days on Market28

Property Features for 278 Marine Dr

General Information

Standard status Active
Size 3,260 SF

Financials

Asking Price $1,490,000
Business Included Yes

Amenities

50 moorage slips
kayak/canoe/paddleboard and boat rentals
tackle shop
remodeled 2-bed/1-bath residence

Building Details

Year Built 1950
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Bradley King · License #201235429
Source: Wyndeekono
Added: Aug 4 Changed: Aug 28 Last Checked: Aug 30 at 6:46PM

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 Keller Williams Realty Portland Premiere

Investment Insights

Based on property information with market context.

This marina property at 278 Marine Dr in Wheeler includes 3,260 square feet of improvements and 50 moorage slips. The operation includes kayak, canoe, paddleboard, and boat rentals, along with a tackle shop offering bait, licenses, and fishing gear. A remodeled two-bedroom, one-bath residence is also part of the property and may serve as owner-occupied housing or a short-term rental.

The property sits along US-101 where the Nehalem River meets the bay, providing direct water access for crabbing, Chinook salmon fishing, and recreational boating. Permanent easements and grandfathered coastal status are identified as part of the existing marina operation, with the property located in the historic Wheeler waterfront area.

Key Highlights

  • 50 moorage slips included
  • 3,260‑square‑foot marina property on 278 Marine Dr, Wheeler, OR 97147
  • Kayak, canoe, paddleboard, and boat rentals

Property Analytics

Current Use

Wheeler Marina LLC Marina Pacific Roots Adventures Tour Operator

Suggested Use

Top Pick Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Dental Office Nail Salon Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby

Demographics for 97147, OR

422
Population
301
Households
1.4
Avg Household Size
57
Median Age
36%
College-Educated
86%
High-School Grad
0.5 sq mi
ZIP Area
844
Density / Sq Mi
$56,333
Median Household Income
$27,356
Median Earnings
$933
Median Rent
$412,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Marina - Marina combines on-site retail, watercraft rentals, and a remodeled residence.
Where is this marina located?
The property is located at 278 Marine Dr Wheeler, OR.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 50 moorage slips included; 3,260‑square‑foot marina property on 278 Marine Dr, Wheeler, OR 97147; Kayak, canoe, paddleboard, and boat rentals
More about this property
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