36480 N Hwy 101 - Restaurant FOR SALE


Nehalem, OR 97131
$1,100,000 USD
503-719-5588
36480 N Hwy 101, Nehalem, OR for Sale
$1,100,000 USD
Restaurant - FOR SALE
1/46
null | Request Cap Rate

36480 N Hwy 101
Nehalem, OR 97131


HIGHLIGHTS

  • High-visibility commercial building on Highway 101
  • Oversized Parking Lot
  • Open Layout

OVERVIEW

High-visibility commercial building on 1.55 acres in Nehalem, 1.5 miles to Manzanita. The most recent use was the Manzanita Lighthouse bar. This 6,458 sq ft space offers excellent exposure on Hwy 101. Interior features include an open floor plan, full bar setup, seating areas, restrooms, and storage. Flexible layout suitable for multiple commercial uses. 40 off-street parking, rear loading access to storage/kitchen, and OLCC/Oregon Health Authority License available for transfer. Minutes from Manzanita and the beach. Zoned NH-C, buyer to verify intended permitted uses. Sale is for the building, land, FF&E, and inventory. Call your broker to schedule a viewing or more information.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

C-1

APN/PARCEL ID

R0072076

ASK ABOUT THIS PROPERTY

Tosha ReinmillerLiving Room RealtyMore Info
503-719-5588

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Tosha ReinmillerLiving Room RealtyMore Info
503-719-5588

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.