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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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625 Nehalem Blvd , Wheeler, OR 97147
$575,000
Est. Payment: $2,936.62/mo
0 Bed
0 Bath
4980 Sqft
Status: Active | Days on site: 5
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House Description

FOR SALE: Unique Commercial/Mixed-Use Development Opportunity in Downtown Wheeler! Prime Highway 101 (Nehalem Blvd.) location with approx. 5,500 ODOT Average Daily Traffic (ADT). Wheeler is a walkable Tillamook Coast community with dining, shopping, bayside recreation, kayak rentals and hiking nearby.Facing beautiful Nehalem Bay, these two contiguous buildings are in “shell condition,” with demoed interiors creating wide-open floor plans and flexible use possibilities. The buildings are connected with the interior demising wall removed. Add stairs to access the 2nd floor, featuring impressive old-growth hardwood floors and bay views, for commercial expansion or residential use—including an owner’s loft or 1–2 rental units. Sample floor plan included.An Elevation Certificate confirms the property is outside the FEMA-designated flood zone. Sellers have worked with a structural engineer on the exterior walls and secured environmental clearances, including asbestos and lead-based paint. Extensive structural updates and restoration work have prepared this blank canvas for the next owner. Quality rustic/vintage building materials remain onsite.Seller’s property knowledge, experience and existing restoration permits may assist the new owner. New membrane roof on the single-story portion; metal roof on the two-story portion.Parking onsite, in contiguous City lots, downtown streets and off-street spaces. Adjacent to the Post Office, Old Wheeler Hotel, The Roost and Wheeler Antiques & Collectibles. Nehalem Bay is directly across the street, near Neahkahnie Smoke House, Wheeler Marina, Salmonberry Restaurant and the seasonal Oregon Coast Scenic Railroad.SELLER FINANCING AVAILABLE with attractive terms. Seller welcomes a buyer bringing a dynamic new business to serve locals, visitors and tourists.

Highlights

Listed by Valerie Schumann , 503-812-8423 Berkshire Hathaway HomeService Northwest Real Estate , 971-265-1070. Portland Regional Multiple Listing Service mls logo

Property Type

Commercial Sale

Lot/Acreage
0.17

Year Built

1912

County

Tillamook

Area

195 - Tillamook County

Listing ID

472730386

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public Water

Exterior Features

Lot Dimensions:110 X 60
Garage Capacity:4
Zoning:WH-GC
Roof:Composition,Flat,Metal
Others:
  • Additional:Existing
Sewer:Public Sewer
Parking Features:Off Street,On Site
Principal Interest
$2,937
Taxes
$260

Home Price

$575,000

Loan Details

30 yrs
6.596%

Down Payment

20%
$115,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,936.62

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,936.62 $259.85 $0.00 $3,196.47
Yearly $35,239.38 $3,118.21 $0.00 $38,357.59
Total $1,057,181.52 $93,546.30 $0.00 $1,150,727.82

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (Wheeler, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated: 2026-09-07T13:53:59.000Z

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