Exceptional Commercial Property in Gearhart Discover a prime investment opportunity with this well-established retail and commercial property, perfectly positioned along the highly traveled Highway 101 in central Gearhart. Offering unmatched visibility and steady traffic flow, this location ensures maximum exposure for any business venture. Thoughtfully updated, featuring fresh paint and modern flooring in the main tenant space—creating a bright, inviting atmosphere. Boasting long term tenants, its versatility is ideal for retail, office, or mixed-use purposes, making it a rare find in one of the Oregon Coast’s most desirable communities.View this link for interior video and floor planCut and paste https://realsee.ai/5jLLWPRB
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!
A unique and versatile property with 217sf of prime frontage on Hwy 101 in Gearhart, OR. This property has excellent exposure characteristics and operates as a Motel. Located on 5.49 acres (2 tax lots) which includes a 3623sf storage building, 77 parking spaces and is approximately 1/2 mile from the beach. Thisproperty is zoned C2 for Commercial / Residential use. There are 25 units rented nightly, weekly, Bi-weekly or monthly. This is comprised of five 2 bedroom units and 20 one bedroom units all with kitchenettes, an on-site coin-op laundry all with a Mid-Century Modern flare decor. Possibilities are endless. Buyers are encouraged to conduct their own due diligence. TAX ID's 61003BA00900 & 61003BA00800

Gearhart is located in Oregon. Gearhart, Oregon has a population of 1,955. Gearhart is more family-centric than the surrounding county with 27.73% of the households containing married families with children. The county average for households married with children is 25.99%.
The median household income in Gearhart, Oregon is $91,985. The median household income for the surrounding county is $61,846 compared to the national median of $69,021. The median age of people living in Gearhart is 47.5 years.
The average high temperature in July is 66.9 degrees, with an average low temperature in January of 37.9 degrees. The average rainfall is approximately 91.3 inches per year, with 1 inches of snow per year.