$1,100,000
Nehalem, OR 97131
MLS# 26-2230
4 baths | 3491 sqft
1 / 45
Property Description
Rare riverfront investment in the heart of Nehalem! This mixed-use gem sits right on the Nehalem River with front-row views of water and mountains from nearly every angle. The lower level is home to a thriving restaurant (business not included, building only) with a spacious deck for riverside dining and cozy indoor seating for those cooler coastal evenings. Big windows throughout flood the space with natural light and those gorgeous river views. Upstairs, a beautifully updated 3-bed, 2-bath apartment offers its own private deck overlooking the river, a propane fireplace, radiant heat floors in primary bathroom, a walk-in closet, laundry room, and office space... ideal for owner-occupants or rental income. Nehalem's tucked-away charm has drawn more visitors in recent years, with new restaurants and shops adding to its small-town appeal. With decks on both levels made for soaking in the scenery and just 2 miles to Manzanita Beach, this is coastal living and smart investing rolled into one, don't miss this rare chance to own a piece of it. Building and land for sale only. Business not included.
Details
Maps
Status Change Information
Status Change Timestamp: 2026-08-11
Address
Within City Limits?: Yes
Street Number: 35815
Street Direction Prefix: N
Street Name: Highway 101
County: Tillamook
State: OR
Postal Code: 97131
Directions: Downtown Nehalem on Hwy 101 just south of blinking light. Riverfront by parking lot.
Parcel Number: 3N1027CA00600
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Interior
Above Grade Unfinished Area: 0
Below Grade Unfinished Area: 0
Fireplace YN: Yes
Above Grade Finished Area: 3491
Living Area: 3491
Building Area Source: Assessor
Bathrooms Total: 4
Building
Year Built Source: Assessor
Accessibility Features YN: Yes
Number Of Buildings: 1
Year Built: 1978
Stories Total: 2
Lot
Water Body Access YN: No
Accessory Dwelling Unit YN: No
View YN: Yes
Lot Size Acres: 0.13
Lot Size Square Feet: 5662.8
Waterfront YN: 1
Water Body Name: Nehalem River
Utilities
Cable Connected: 1
Electricity Connected: 1
Phone Connected: 1
Water Connected: 1
Propane: 1
Accessibility Features
Accessible Approach with Ramp: 1
Appliances
Dishwasher: 1
Refrigerator: 1
Building and Property Details
Building and Property Condition: Resale
Construction Materials
Cedar: 1
Frame: 1
Shingle Siding: 1
Cooling
Other: 1
Flooring
Carpet: 1
Luxury Vinyl Flooring: 1
Tile: 1
Foundation Details
Combination: 1
Heating
Electric: 1
Floor Furnace: 1
Zoned: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Owner Will Carry: 1
Lot Features
Level: 1
Parking Features
Off Street: 1
On Street: 1
Paved: 1
Possession
Subject To Tenant Rights: 1
Road Frontage Type
Highway: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Special Listing Conditions
Standard: 1
View
Mountain(s): 1
Water Body Type
River: 1
Water Body View
Yes: 1
Water Source
Public: 1
Window Features
Double Pane Windows: 1
Vinyl Frames: 1
Owner Pays
HVAC Maintenance: 1
Repairs: 1
Roof Maintenance: 1
Taxes: 1
Tenant Pays
All Utilities: 1
Business Type
Restaurant: 1
Existing Lease Type
Gross: 1
Location of Property
Central Business District: 1
City: 1
Sale Includes
Building: 1
Additional Tax and Location Information
Highway 101: East Side
Subdivision Block: 4
Subdivision Parcel/Lot: 6
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Listing Information
Listing Association Name: Tillamook County BOR
Property Sub Type: Mixed Use
Contract
Current Price: $1,100,000
Status: Active
Begin Date: 2026-08-11
List Price: $1,100,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Tohls First Add
Tax Annual Amount: 4837.86
Tax Year: 2025
Zoning: NH-C - Nehalem Commercial
Tax Lot: 600
Tax Map Number: 3132R
Unit Details
Number Of Units Leased: 2
Property Features
Utilities: Cable Connected; Electricity Connected; Phone Connected; Water Connected; Propane; Cable Connected; Electricity Connected; Phone Connected; Water Connected; Propane
Accessibility Features: Accessible Approach with Ramp
Appliances: Dishwasher; Refrigerator
Business Type: Restaurant
Construction Materials: Cedar; Frame; Shingle Siding
Cooling: Other
Existing Lease Type: Gross
Flooring: Carpet; Luxury Vinyl Flooring; Tile
Foundation Details: Combination
Heating: Electric; Floor Furnace; Zoned
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional; Owner Will Carry
Location of Property: Central Business District
Lot Features: Level
Owner Pays: HVAC Maintenance; Repairs; Roof Maintenance; Taxes
Parking Features: Off Street; On Street; Paved
Possession: Subject To Tenant Rights
Road Frontage Type: Highway
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Composition
Sale Includes: Building
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: All Utilities
View: Mountain(s)
Water Body Type: River
Water Body View: Yes
Water Source: Public
Window Features: Double Pane Windows; Vinyl Frames
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Listing Office: Pete Anderson Realty, Inc-Manzanita
Office Email: parmanzanita@gmail.com
Last Updated: August - 12 - 2026
Information deemed reliable but not guaranteed.