35800 Highway 101 Nehalem, OR 97131

Property Details for 35800 Highway 101

Year built

1925

Lot size

0.10 lot acres

Property size

6,157 SF

Property type

Commercial real estate

Description

This exceptional commercial property presents a unique investment opportunity in the heart of Nehalem, Oregon. The main building, a 4,138 square foot C-1 zoned storefront at 35800 7th (Hwy 101) St Unit 35800, enjoys a highly visible corner location, attracting significant foot traffic from locals and tourists alike. The building has served as a family-owned business for two generations and benefits from built-in walk-in storage and rear warehouse space, offering potential for expansion. Convenient rear loading access via an alley is also available. The property includes a separate 2,019 square foot residential unit located at 13050 Tohl St., accessible via a separate exterior entrance. This upstairs unit features three bedrooms, a spacious living room, a kitchen, and additional storage/office/workshop areas. The property sits on a 0.1-acre lot and boasts a newer roof. The commercial space is currently occupied, and showings require prior arrangement. The upstairs residential unit is vacant and readily available for viewing. Seller financing is available with a substantial down payment. The property's prime location is directly across the highway from the Nehalem River, ensuring high visibility and accessibility. This combined commercial and residential property offers a rare opportunity to acquire a well-established business and a comfortable living space in a desirable coastal Oregon town. The total square footage is 6,157 square feet. The asking price is $1,175,000.