**Commercial Opportunity with Exceptional Highway Exposure in the Charming Coastal Town of Gearhart** This unique property, featuring 1.05 acres, is ready for the right enthusiast to seize the opportunity! Enjoy a productive work environment in this beautiful space. Property includes a welcoming lobby area & a large open space with a fireplace & recessed lighting. It is equipped with power & internet outlets throughout the building & the abundance of windows allows for plenty of natural light. Additionally, there is a separate office with its own entrance that leads to a stunning wrap-around deck. The main floor also includes a bathroom & a kitchen, perfect for a break room. The upper floor boasts a second bath & four separate rooms, offering many options for your new adventure. The spacious basement provides ample storage for all your needs. Mechanically the property has heat & A/C, making it comfortable year round. Outside, the property features a private parking lot with over 20 parking spots and a lovely yard. The possibilities are endless! Make this your dream come true. Buyers are encouraged to conduct their own due diligence.
Incredible commercial property opportunity located in Gearhart on over an acre. Previously used as a medical building with hard to find twelve paved parking spaces for clients, and is setup to accommodate many different business uses. Ideally layed out on one level. Last use was a medical building with waiting room, lobby/office area, 4 exam rooms each with a sink, cabinets & desk area, 1 EKG room, x-ray room, 3 offices, kitchen/break room; and 2 bathrooms. air conditioning; fire alarm. This fantastic location is easily accessed off Hwy 101 in Gearhart. Zoning for property is C-2 offering a very wide range of uses including residential usage upon city approval. Seller willing to lease or lease option to buy.
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.
The median home value in Gearhart, OR is $890,000. This is higher than the county median home value of $472,200. The national median home value is $338,100. The average price of homes sold in Gearhart, OR is $890,000. Approximately 42.98% of Gearhart homes are owned, compared to 8.62% rented, while 48.4% are vacant. Gearhart real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gearhart real estate agent to arrange a tour today!
Gearhart, Oregon has a population of 1,955. Gearhart is more family-centric than the surrounding county with 27.73% of the households containing married families with children. The county average for households married with children is 25.99%.
The median household income in Gearhart, Oregon is $91,985. The median household income for the surrounding county is $61,846 compared to the national median of $69,021. The median age of people living in Gearhart is 47.5 years.
The average high temperature in July is 66.9 degrees, with an average low temperature in January of 37.9 degrees. The average rainfall is approximately 91.3 inches per year, with 1 inches of snow per year.