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35800 7th St
Nehalem, OR 97131

$1,375,000 USD

Storefront Retail Residential For Sale  •  6,157 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 6,157 SF
  • Lot Size 0.11 AC
  • Year Built 1925
  • Tenancy Single
  • Zoning NH-C
0 Transit Score
50 Walk Score

Description

Family Owned for 2 generations, the Nehalem Food Mart is now available for sale due to seller retirement. Zoned C-1, The 4,138 SF ground floor corner storefront is prominently located in the heart of Downtown Nehalem, and is popular stop for locals, visitors and tourists. Built-in walk-in, rear store storage/warehouse areas could provide for an expanded retail store area. Rear loading off alley access. Upstairs 2,019 SF residence with separate exterior entrance @ 13050 Tohl St., has 3 bedrooms, large living room and kitchen, plus additional storage, office and/or workshop areas. Newer roof. Please do not approach occupant, call for showings. Upstairs is vacant and easy to show. Seller financing available with significant down payment. Across the highway from the Nehalem River.
Seller is owner/occupant of the Nehalem Food Mart. Please do not disturb or approach owner, call for appointment. Listing Broker to accompany for all showings. Seller financing available, check with Brokers for details.

Highlights

Excellent Oregon Coastal Highway Location
A Block to the Nehalem River

Property Flyers

Financial Summary (Actual)

Net Operating Income: $150,000 USD (2023)
Total Expenses: $850,000 USD

Amenities

  • Corner Lot
  • Signage
  • Storage Space

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Valerie Schumann 503-812-8423 Berkshire Hathaway HomeServices Northwest
Valerie Schumann 503-812-8423 Berkshire Hathaway HomeServices Northwest