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625 Nehalem Blvd

4,980 SF Retail Building Wheeler, OR 97147 $475,000 ($95/SF)

Investment Highlights

  • Beautiful view of Nahalem Bay
  • Ready for Redevelopment 220/240 Power
  • Nahalem Bay is across the street
  • On Highway 101
  • Open shell interior

Executive Summary

Main Floor 3,450 sq. ft. for retail use, Upstairs is R-2 living area 1,530 sq. ft. Parcel Size: 0.17 Acres (7,405 sq. ft.) Fully surveyed and permitted
Ready for Redevelopment 220/240 Power
Not in The Fema (flood) Zone
Built as a Pharmacy in the 1940's
Bay views From the Second Floor
Across the Street from Nehalem Bay
Signage on Highway 101
Free surface parking Adjacent to the Property

Property Facts

Sale Type
Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,980 SF
Building Class
C
Year Built/Renovated
1940/2019
Price
$475,000
Price Per SF
$95
Building Height
2 Stories
Building FAR
0.67
Lot Size
0.17 AC
Zoning
GC
Parking
10 Spaces (2.01 Spaces per 1,000 SF Leased)
Frontage
94 FT on Nehalem Blvd

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0019152
Land Assessment
$133,110 (2023)
Improvements Assessment
$58,000 (2023)
Total Assessment
$191,110 (2023)
  • Listing ID: 23543201

  • Date on Market: 11/16/2020

  • Last Updated:

  • Address: 625 Nehalem Blvd, Wheeler, OR 97147

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