Gearhart, OR Retail space for sale

Updated: Sep 27, 2025

Retail and Office Property

3470 Highway 101, Gearhart, OR 97138

$1,450,000

8,020 sqft

Year built 2001
Updated retail and commercial space along Highway 101 in central Gearhart
Main tenant space includes fresh paint and modern flooring
Long‑term tenants in place
Versatile for retail, office, or mixed‑use purposes

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This listing looks promising.

Here's a quick look at some key insights for

3470 Highway 101, Gearhart, OR 97138

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Est. Cap Rate

8.5%
Above avg (5.9%)
Est. NOI

$123K
Annual
Price @ 7% Cap

$1.76M
Above asking
Last Sold

Oct 2013
$1.2M
Property Type

Retail Stores
Built 2001

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Updated: Jun 13

Turnkey Grocery and Deli Space

599 PACIFIC, Gearhart, OR 97138

$850,000

4,122 sqft

Remodeled downtown Gearhart space built in 1950
Equipped with coolers, deli cases, and ovens
Includes two half bathrooms
Former restaurant, bar, and deli use documented with 2022 photos
Back of the building currently used for storage

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 2 Active listings in Gearhart, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Prime Retail/Restaurant Location on Hwy 101

1865 N Main Avenue, Tillamook, OR 97141

$1,500,000

8,634 sqft

Highly desirable retail/restaurant location on Tillamook's Prime Commercial Corridor.

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Mixed-Use Retail and Live-Work Property

171 Sunset Blvd, Cannon Beach, OR 97110

$3,150,000

10,000 sqft

Mixed-use setup combines retail frontage, multiple tenant spaces, and live-work units for flexible ownership or tenancy plans.

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Retail Storefront Property

172 N Hemlock Street, Cannon Beach, OR 97110

$5,150,000

48,208 sqft

For-sale retail property in Cannon Beach offering a storefront configuration within a shopping center setting.

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Tillamook Commercial Warehouse/Retail Building

4190 N Hwy 101, Tillamook, OR 97141

$1,950,000

11,250 sqft

11,250 SF commercial building with highway frontage and high visibility.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000

2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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Off-Market Properties in Gearhart, OR

Consider similar Off-Market properties in Gearhart, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.