3003 Hwy 101Gearhart, OR97138
$3,600,000
$225,324 annual income
19332 sq. ft
0.85 acres
SqFt20000toAcres1
Zoning: c2
62 days on market
VestorFilter™
Price per ft²$186.22/ft²
Price per acre$4.24M/ac
Time on market62 days
Property Description
An unique and versatile property with prime frontage on Hwy 101 in Gearhart, OR. This property, zoned C2 for commerical/residential use, is meticulousloy maintained. It features 2 commerical lease spaces, four residential apartments, and 25 storage units, with potential for additinal develoment. In total, there are seven income-generating buildings. This propert is an outstanding turnkey investment with a well established track record, reliable leases, and minimal vacancies over the past thirt years.
{{ compliance-logo }}Listing Provided By Berkshire Hathaway HomeServices Northwest Real Estate
Financial Data
Original Price$3,600,000
Current Price$3,600,000
Property Taxes$13,578
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Home Facts
StatusActive
Year Built1925
MLS ID24546061