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Riverfront Mixed-Use Property
For Sale
$1,100,000

35815 7th St, Nehalem, OR 97131

Restaurant space and an updated apartment share the building.

Property SizeContact for details
Days on Market10

Property Features for 35815 7th St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $4,837
Listing Agency: Pete Anderson Realty
Listed By: Laura Walsh · License #201237373
Source: Exprealty
Added: Aug 11 Changed: Aug 20 Last Checked: Aug 20 at 9:17AM

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 Pete Anderson Realty

Investment Insights

Based on property information with market context.

This mixed-use property combines a ground-floor restaurant with an upper-level apartment overlooking the Nehalem River. The restaurant includes indoor seating, extensive windows, and a riverside deck. The 3-bed, 2-bath apartment has been updated and includes a private deck, propane fireplace, radiant bathroom flooring, walk-in closet, laundry room, and office space.

The building is positioned directly along the Nehalem River, with water and mountain views from both levels. Manzanita Beach is approximately 2 miles away. The sale includes the building and land only; restaurant business operations are excluded. Showings are by appointment, and tenants should not be disturbed.

Key Highlights

  • Directly positioned on the Nehalem River with water and mountain views
  • Ground‑floor restaurant with indoor seating, large windows, and riverside deck
  • Updated 3‑bed, 2‑bath apartment on the upper level

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Grocery & Convenience Store Bakery Parking Lot & Garage Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby

Demographics for 97131, OR

2,908
Population
1,809
Households
1.6
Avg Household Size
55
Median Age
24%
College-Educated
93%
High-School Grad
138.9 sq mi
ZIP Area
21
Density / Sq Mi
$67,719
Median Household Income
$44,330
Median Earnings
$1,453
Median Rent
$427,700
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant space and an updated apartment share the building.
Where is this mixed-use property located?
The property is located at 35815 7th St Nehalem, OR.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Directly positioned on the Nehalem River with water and mountain views; Ground‑floor restaurant with indoor seating, large windows, and riverside deck; Updated 3‑bed, 2‑bath apartment on the upper level
More about this property
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