$1,100,000

35815 Hwy 101 N, Nehalem OR, 97131

Price per sqft$315.10

Built in1978

Property size3,491 sqft

Property typeCommercial

Overview

Active

Listed Aug 11, 2026

Updated Aug 13

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 (*see note below) 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. Shown by appointment only. Please do not disturb tenants. *Sale includes building and land only; restaurant business/operations not included.

Additional information

MLS^® ID: 26-738

Interior Features

Bedrooms: 3
Bathrooms: 4
Basement: No

Other Property Details

Taxes: $4,838
Tax Frequency: Annually

Listed by Laura E Walsh with Pete Anderson Realty, Inc.
Listing Contact: 800-503-3702

The IDX display contains information sourced from the Clatsop Association of REALTORS® as of 8/13/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 8/13/2026 at 5:06 AM UTC