Search
Riverfront Mixed-Use Building
New
For Sale
Contact for pricing

35815 N Highway 101, Nehalem, OR 97131

Separate restaurant and residential spaces include river-facing decks and an updated apartment with private amenities.

Property Size3,491 SF
Price / SF$315.10
Days on Market5

Property Features for 35815 N Highway 101

General Information

Standard status Active
Size 3,491 SF
Property subtype Mixed Use, Retail
Zoning NH-C - Nehalem Commercial

Building Details

Year Built 1978
Buildings 1
Listing Agency: Pete Anderson Realty, Inc-Manzanita
Listed By: Laura Walsh · License #201237373
Source: Crexi
Added: Aug 11 Changed: Aug 15 Last Checked: Aug 15 at 5:10AM

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, Inc-Manzanita

Investment Insights

Based on property information with market context.

This mixed-use building combines a lower-level restaurant space with an upper-level apartment. The restaurant includes indoor seating, large windows, and a deck positioned along the Nehalem River; the business itself is not included in the sale. The residence has three bedrooms and two bathrooms, plus a private river-facing deck, propane fireplace, radiant heat flooring in the primary bathroom, walk-in closet, laundry room, and office space.

Built in 1978, the property is zoned NH-C - Nehalem Commercial and is located at 35815 N Highway 101 in Nehalem. Manzanita Beach is approximately 2 miles away. The building and land are offered together, without the restaurant business.

Key Highlights

  • Mixed‑use building with restaurant space below and a 3‑bed, 2‑bath apartment above
  • Located directly on the Nehalem River with decks on both levels
  • Upper‑level residence includes a private deck, office, laundry room, and walk‑in closet

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Separate restaurant and residential spaces include river-facing decks and an updated apartment with private amenities.
Where is this mixed-use property located?
The property is located at 35815 N Highway 101 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: Mixed‑use building with restaurant space below and a 3‑bed, 2‑bath apartment above; Located directly on the Nehalem River with decks on both levels; Upper‑level residence includes a private deck, office, laundry room, and walk‑in closet
(503) 936-1238 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message