FOR SALE: Unique Commercial/Mixed-Use Development Opportunity in Downtown Wheeler! Prime Highway 101 (Nehalem Blvd.) location with approx. 5,500 ODOT Average Daily Traffic (ADT). Wheeler is a walkable Tillamook Coast community with dining, shopping, bayside recreation, kayak rentals and hiking nearby.Facing beautiful Nehalem Bay, these two contiguous buildings are in “shell condition,” with demoed interiors creating wide-open floor plans and flexible use possibilities. The buildings are connected with the interior demising wall removed. Add stairs to access the 2nd floor, featuring impressive old-growth hardwood floors and bay views, for commercial expansion or residential use—including an owner’s loft or 1–2 rental units. Sample floor plan included.An Elevation Certificate confirms the property is outside the FEMA-designated flood zone. Sellers have worked with a structural engineer on the exterior walls and secured environmental clearances, including asbestos and lead-based paint. Extensive structural updates and restoration work have prepared this blank canvas for the next owner. Quality rustic/vintage building materials remain onsite.Seller’s property knowledge, experience and existing restoration permits may assist the new owner. New membrane roof on the single-story portion; metal roof on the two-story portion.Parking onsite, in contiguous City lots, downtown streets and off-street spaces. Adjacent to the Post Office, Old Wheeler Hotel, The Roost and Wheeler Antiques & Collectibles. Nehalem Bay is directly across the street, near Neahkahnie Smoke House, Wheeler Marina, Salmonberry Restaurant and the seasonal Oregon Coast Scenic Railroad.SELLER FINANCING AVAILABLE with attractive terms. Seller welcomes a buyer bringing a dynamic new business to serve locals, visitors and tourists.
A rare opportunity to own one of the Oregon Coast's most iconic waterfront businesses: Wheeler Marina at 278 Marine Drive, established in 1940 and sitting right in the heart of historic Wheeler along US-101. This turnkey, income-producing marina offers 50 moorage slips, kayak/canoe/paddleboard and boat rentals, a tackle shop with bait, licenses, and gear, plus a remodeled 2-bed/1-bath residence ideal as owner's quarters or a short-term rental — all set where the Nehalem River meets the bay, with direct access to premier crabbing, Chinook salmon fishing, and miles of scenic waterway. Most importantly, this is a truly irreplaceable asset: current coastal and environmental regulations mean new marinas can no longer be permitted in this area, making Wheeler Marina's grandfathered status and permanent easements impossible to recreate. With an existing retail footprint and on-water operation, the property is primed for an owner-operator to expand both retail sales and moorage capacity, capturing more of the region's steady fishing, crabbing, and recreational boating demand. Established history, irreplaceable location, and dual expansion potential — offered at $1,490,000. All information is deemed reliable but not guaranteed.

Wheeler is located in Oregon. Wheeler, Oregon has a population of 392. Wheeler is less family-centric than the surrounding county with 5.13% of the households containing married families with children. The county average for households married with children is 20.38%.
The median household income in Wheeler, Oregon is $45,227. The median household income for the surrounding county is $55,730 compared to the national median of $69,021. The median age of people living in Wheeler is 48.3 years.
The average high temperature in July is 67.1 degrees, with an average low temperature in January of 38.1 degrees. The average rainfall is approximately 95 inches per year, with 0.8 inches of snow per year.