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35815 Highway 101, Nehalem, OR 97131

$1,100,000
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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 (*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.

35815 Highway 101 | MLS# 327314880

This commercial property located at 35815 Highway 101, Nehalem, OR 97131 is currently listed for sale with an asking price of $1,100,000. Search Nehalem real estate on jayneebeck.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Business
Cooling: Evaporative Cooling
Fuel Type: Electricity, Propane
Heating: Other, Radiant, Zoned
Lot Size: 0.13 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $4,838
Year Built: 1978
Square Feet: 3,491

Feature Descriptions

Body of Water: Nehalem River
Days on Site: 16
Gross Income: $58000.00 (Actual)
Lease Information: $4900.00 (Amount)
Miscellaneous Features: AccessibleDoors, AccessibleEntrance, ConformstoADA, NaturalLighting, OutsideLighting, Ramp
Operating Expenses: $9837.00 (Actual)
Parking Notes: OffStreet, OnStreet
Present Use: Other, Restaurant
Road Surface: Paved
Sewer: Public Sewer
Special View Info: Mountain, River, Trees/Woods
Truck Door: None
Water: Public Water
Waterfront: River Front

Listed By / Shown By

Listed By

Agency Name: Pete Anderson Realty
Agency Phone: 503-368-5141

Shown By

Agent Name: Jaynee Beck, Principal Broker
Agent Phone: (541) 480-0988
Agency Title: Bend Premier Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/28/2026. The listing information on this page last changed on 08/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 08/28/2026 12:01:01 AM EST) or RMLS (last updated Thu 08/27/2026 11:55:31 PM EST) or COAR/MLSCO (last updated Thu 08/27/2026 11:51:32 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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