Gearhart, OR 97138,3003 HIGHWAY 101
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Listed by Popkin Real Estate, LLC
$ 3,000,000
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3003 HIGHWAY 101 Gearhart, OR 97138

18,810 SqFt


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Key Details

Property Type Commercial

Sub Type Income

Listing Status Active

Purchase Type For Sale

Square Footage 18,810 sqft

Price per Sqft $159

MLS Listing ID 443098084

Year Built 1925

Annual Tax Amount $13,501

Tax Year 2025

Lot Size 0.850 Acres

Property Sub-Type Income

Property Description

This is a rare opportunity to secure a great investment in Gearhart, Oregon. This excellently maintained mixed-use commercial building offers four apartments, two commercial lease spaces, and 25 storage units, making it a unique and highly diversified investment property. This turn-key operation has enjoyed consistant occupancy and minimal vacancies over the last decade, according to the owner. The property even has the potential for further development by adding a second story for residential tenants. Customers and tenants enjoy the convenient location along Highway 101. Take advantage of this prime commercial property investment a n d grow your portfolio!

Location

State OR

County Clatsop

Area _183

Zoning C-2

Interior

Heating Mini Split, Wall Heater

Equipment SmokeDetector

Exterior

Roof Type Composition

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Regional Multiple Listing Service (RMLS)
Stefani Myers

Stefani Myers

Broker | License ID: 201222247

+1(541) 913-6116

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3003 HIGHWAY 101