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3003 HIGHWAY 101 Gearhart, OR $ 3,000,000
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3003 HIGHWAY 101
$ 3,000,000
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3003 HIGHWAY 101

Gearhart, OR, 97138
$ 3,000,000
Bedrooms-- Baths-- Sq 18,810
3003 HIGHWAY 101, Gearhart, OR 97138 - Image 1

Property for Rent in Gearhart, OR

for $3,000,000. This 18,810 square foot property was built in 1925 on a lot size of 0.85.

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!

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Rental Active

Price

$ 3,000,000

Taxes

$ 13,501

Style

Income

Lot Size

0.85

Year Built

1925

Town/City

Gearhart

County/Region

Clatsop

MLS | Web ID

443098084
Features
General
Sewer PublicSewer
Heating MiniSplit WallHeater
Roof Composition
Zoning C-2
Construction Materials CementSiding WoodComposite WoodFrame
Year Built 1925
Sale Includes Building Land
Stories Count 2
Property Subtype Income
Tax Year 2025
Current Use MiniStorage MultiFamily Retail
Parcel Number 9667
Gross Income 232992.0
County Clatsop
Operating Expense 25000.0
Property Type CommercialSale
HOA N
Status Active
Directions highway 101 and Oyster Road
City Gearhart
MLS Area _183
Lot Size Square Feet 37026.0
Listing Terms Cash Conventional
Tax Annual Amount 13501.89
Property Condition UpdatedRemodeled
Lease Type YearsRemaining1to5
Standard Status Active
Accessory Dwelling Unit Y/N N
Leasehold Rent $/Mo 19414.0
Legal Description See attached documents
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Exterior
Road Frontage 206
Parking Features OffStreet OnSite
Water Source PublicWater
Total Parking 25.0
Number of Buildings 5
Building Area Total 18810.0
Lot Size Acres 0.85
Road Surface Type Gravel Paved
Other Equipment SmokeDetector
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Internal Only
Street Number 1 3003
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* Excluded Features
List By
Popkin Real Estate, Llc

Broker

Bensel@popkinre.com

Email

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/31/2025$3,000,000 Listed Price

Map

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3003 HIGHWAY 101, Gearhart, OR, 97138 is a Property for Rent at $3,000,000 with 18,810 sqft and a lot size of 0.85. 3003 HIGHWAY 101 was built in 1925. The property's zip code is 97138 which is in Gearhart, OR

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