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Warehouse and Office Property

3111 HWY 101 N, Gearhart, OR 97138

For Sale
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C-3 zoning supports a range of commercial storage, distribution, and contractor-service uses.

Property Size8,440 SF
Lot Size2.83 Acres
Price / SF$426.54
Days on Market31

Property Features for 3111 HWY 101 N

General Information

Standard status Active
Size 8,440 SF
Lot size 2.83 Acres
Property subtype Industrial, Land
Zoning C-3

Site & Location

Highway Access Yes
Road Access Yes

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Property Use Landscape Supply

Building Details

Buildings 2
Tenancy Single
Listing Agency: John L. Scott Real Estate Salem
Listed By: Alex McCarthy · License OR #201245596
Source: Crexi
Added: Oct 11 Changed: Nov 8 Last Checked: Nov 10 at 8:31AM

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 John L. Scott Real Estate Salem

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Investment Insights

Based on property information with market context.

The 2.83-acre property comprises six contiguous lots with a 7,000-square-foot warehouse and office building and a separate 1,440-square-foot outbuilding. The primary building includes a product display area, mechanic shop, multiple offices, a utility and lunch room, two bathrooms, and storage. Its shop has 16-foot roll-up doors and 20-foot clear-span ceilings. The outbuilding has 22-foot clear-span ceilings and is currently used as a racquetball court and fitness center. The property is occupied by a landscape supply business on a month-to-month tenancy.

Located on Highway 101 in Gearhart, the site has approximately 420 feet of highway frontage, two driveways, and a large paved parking area. C-3 zoning is identified as the city’s most intensive commercial classification. Permitted uses include contractor equipment storage, mini-storage, wholesale storage and distribution, and cold storage.

A construction office or an RV or manufactured dwelling may be used on site during construction of a permitted or conditional use for up to one year. The sale is subject to a right of first refusal with a 10-day response period.

Key Highlights

  • Six contiguous lots totaling 2.83 acres
  • 7,000‑square‑foot warehouse/office building with 16' roll‑up doors and 20' clear‑span ceilings
  • 1,440‑square‑foot outbuilding with 22' clear‑span ceilings

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Big Box & Wholesale Store Grocery & Convenience Store HVAC Service Catering Service

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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97138, OR

11,248
Population
7,785
Households
1.4
Avg Household Size
48
Median Age
28%
College-Educated
92%
High-School Grad
146.0 sq mi
ZIP Area
77
Density / Sq Mi
$51,993
Median Household Income
$39,285
Median Earnings
$1,004
Median Rent
$433,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • US 101 Mini Storage — 1266 G St, Gearhart, OR 97138
  • Safekeeping Storage Center — Gearhart, OR 97138
  • Pacific Mini Storage Co — 1099 Pacific Way, Gearhart, OR 97138
  • North Coast Plaza Business — Gearhart, OR 97138

Frequently Asked Questions

What type of property is this?
Warehouse - C-3 zoning supports a range of commercial storage, distribution, and contractor-service uses.
Where is this warehouse located?
The property is located at 3111 HWY 101 N Gearhart, OR.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Six contiguous lots totaling 2.83 acres; 7,000‑square‑foot warehouse/office building with 16' roll‑up doors and 20' clear‑span ceilings; 1,440‑square‑foot outbuilding with 22' clear‑span ceilings
(541) 514-1779 Call to check price and availability
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