Improved Mixed-Use Land for Sale in Gearhart, Oregon

4253 Highway 101 Gearhart, OR 97138

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$2,600,000
5.49 acres
Active sale agoEst $14,919/mo

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

15,939
Sq feet
1985
Built

Directions

HWY 101 N TO GEARHART TO PROPERTY

Location

Street Address
4253 Highway 101
Elevation
23 feet
Coordinates
46.0361, -123.912

Property details

Zoning
C2
MLS Number
RMLS 24430835
Date Posted

Property taxes

Recent
$16,310

Legal description

This 5.49-acre property is located at 4253 Highway 101 in Gearhart, OR 97138 with latitude 46.0361 and longitude -123.912. The property is currently available for sale for $2,600,000. It has a 15,939 sq ft structure built in 1985. Listing data is sourced from Regional Multiple Listing Service # 24430835.

Verify sale details at the property source or contact RE/MAX Equity Group at (503) 670-3000.

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Updated . Checked 2 hours ago. Parcel data by Regrid.

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