$625,000
Nehalem, OR 97131
MLS# TC-19739
Status: Closed
4947 sqft
1 / 25
Property Description
Historically the Nehalem River Inn (NRI) has been a favorite local restaurant w/5 delightful guest rooms plus manager/owner's upper apartment. Tenant has vacated the Property, easy to show. Continue as Lodging and Restaurant or B&B/VRBO. Purchase includes both lots that straddle the road easement through the Property to the rear residence under separate ownership. The eastern vacant .75 acre lot has access stairs to the parking lot. Lot could be an event venue/retreat center expansion. Seller would consider seller financing with $200K down payment. Purchase Price is for Buildings, Land and Improvements, no value for closed business. FF&E List of Lodging and Equipment included with purchase available. Ductless Heatpump for restaurant Dining Room, Oil Heater and some wall heaters.
Details
Maps
Status Change Information
Status Change Timestamp: 2021-12-30
Purchase Contract Date: 2021-12-20
Close Date: 2021-12-30
Close Price: 625000
Address
Within City Limits?: No
Street Number: 34910
Street Name: HWY 53
County: Tillamook
State: OR
Postal Code: 97131
Directions: East one mile on Hwy 53 from Hwy 101 between Wheeler and Nehalem at the Juncture of Hwy 101 @ the Miami Foley.
Cross Street: Miami Foley
Parcel Number: 292560/100330
Tax & Legal
Business Name: Nehalem River Inn
Building
Accessibility Features YN: Yes
Year Built: 1940
Lot
Lot Size Dimensions: irregular
View YN: Yes
Lot Size Acres: 1.18
Lot Size Square Feet: 51400.8
Waterfront YN: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Propane: 1
Remarks
Tillamook Public Historical Details: Interior Features: Washer/Dryer Hook-Up, Property Description: View, Parking: 11-20 Spaces, Historical Accessibility: Grab Bars
Accessibility Features
Accessible Full Bath: 1
Basement
Exterior Entry: 1
Partial: 1
Cooling
Heat Pump: 1
Laundry Features
Washer Hookup: 1
Listing Terms
Cash: 1
Contract: 1
Conventional: 1
Lock Box Type
TBR Lock Box: 1
Lot Features
Landscaped: 1
Level: 1
Sloped: 1
Possession
Close Of Escrow: 1
Road Frontage Type
County Road: 1
Highway: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Septic Tank: 1
Water Source
Private: 1
Window Features
Double Pane Windows: 1
Building Features
Free Standing: 1
Private Restroom(s): 1
Public Restroom(s): 1
Business Type
Hotel/Motel: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Lockbox: 1
Documents
Lead Based Paint Disclosure: 1
Plat Map: 1
Property Disclosure: 1
Survey: 1
Historical Details
Historical MLS Number: 21-327
Listing Information
Listing Association Name: Tillamook County BOR
Property Sub Type: Hotel/Motel
Contract
Current Price: $625,000
Status: Closed
Begin Date: 2021-06-01
Sold Price: $625,000
Tax Legal
Tax Annual Amount: 5137.92
Tax Year: 2020
Tax Map Number: SEC 36 TWN 03N RNG 10W
Interior
Above Grade Finished Area: 4947
Below Grade Finished Area: 250
Living Area: 4947
Property Features
Utilities: Cable Available; Electricity Connected; Propane; Cable Available; Electricity Connected; Propane
Accessibility Features: Accessible Full Bath
Basement: Exterior Entry; Partial
Building Features: Free Standing; Private Restroom(s); Public Restroom(s)
Business Type: Hotel/Motel
Cooling: Heat Pump
Laundry Features: Washer Hookup
Listing Terms: Cash; Contract; Conventional
Lock Box Type: TBR Lock Box
Lot Features: Landscaped; Level; Sloped
Possession: Close Of Escrow
Road Frontage Type: County Road; Highway
Road Surface Type: Paved
Roof: Composition
Sewer: Septic Tank
Water Source: Private
Window Features: Double Pane Windows
Showing Requirements: Appointment Only; Call Listing Agent; Lockbox
Documents: Lead Based Paint Disclosure; Plat Map; Property Disclosure; Survey
Listing Office: Berkshire Hathaway Garibaldi
Office Phone: 971-265-1070
Office Email: vschumann@bhhsnw.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.