34910 Hwy 53 Nehalem, OR $ 2,150,000
34910 Hwy 53
$ 2,150,000
New Construction
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34910 Hwy 53

Nehalem, OR, 97131
$ 2,150,000
Baths0.0 Sq 4,947

Monthly Estimate*

$ 14,290

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Studio

Commercial Property for sale in Nehalem, OR

for $2,150,000. This 4,947 square foot building was built in 1940 on a lot size of 1.18.

The Nehalem River Inn has been meticulously transformed into a model for modern living. Situated on the banks of the Nehalem River, less than 2 hours from Portland and 5 minutes to the Pacific Ocean, this historic gem underwent an exhaustive renovation from 2021 to 2023. There are 6 upscale suites (including a cabin mere feet from the river's edge), private and shared outdoor areas, and beautifully landscaped grounds.Opportunity for new owner to complete the vision with the 900-sf former kitchen and dining room. The dining room has beautiful wood beam ceilings, great light & opens onto new decks with mountain and river views. Second lot ready for use as an event space or can be developed for additional units/services. FF&E/Inventory included.

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Commercial Active

Price

$ 2,150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 874

Style

HotelMotel

Lot Size

1.18

Year Built

1940

Town/City

Nehalem

County/Region

Tillamook

MLS | Web ID

23054559

Features
General
Sewer SepticTank
Heating Ductless MiniSplit Zoned
Cooling MiniSplit
Roof Composition
Zoning RC
Construction Materials Cedar CementSiding PartialBasement
Year Built 1940
Sale Includes Building BusinessName Land
Stories 2
Property SubType HotelMotel
Tax Year 2023
Current Use HotelMotel Other
Gross Income 0
Waterfront Features RiverFront
Business Name Nehalem River Inn
County Tillamook
Operating Expense 0
Property Type CommercialSale
Status Active
Directions From Hwy 101 - Turn onto Hwy 53 to 34910 Hwy 101 @ the junction of the Miami Foley Road
City Nehalem
Body of Water Nehalem River
MLS Area _195
Lot Size Square Feet 51400.0
Street Name Hwy 53
Listing Terms CallListingAgent Cash Conventional
Tax Annual Amount 874.3
Property Condition NewConstruction
Days on Market 106
Lease Type None
Standard Status Active
Legal Description 3N1036-BA-00800/00802
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Exterior
Road Frontage 150
Parking Features OffStreet OnSite
Water Source Community
Total Parking 30.0
Number of Buildings 2
Building Area Total 4947.0
Lot Dimensions irregular
Lot Size Acres 1.18
Road Surface Type Gravel RoadSplitsProperty
Other Equipment Fixtures Furniture SmokeDetector
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Interior
Ceiling Height 8
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Internal Only
Street Number 1 34910
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* Excluded Features
List By
Berkshire Hathaway Homeservice Northwest Real Estate

Broker

vschumann@bhhsnw.com

Email

Affordability Calculator

$14,362
Per Month
99%
1%
0%
Monthly Principal & Interest
$14,290
Monthly Property Taxes
$73
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/14/2024$2,150,000 Listed Price

Map


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34910 Hwy 53, Nehalem, OR, 97131 is a Commercial Property for sale at $2,150,000 with 4,947 sqft and a lot size of 1.18. 34910 Hwy 53 is a studio with 0.0 baths and was built in 1940. The property's zip code is 97131 which is in Nehalem, OR