Join the vibrant community of Wheeler with this RARE, truly waterfront restaurant and duplex. With multiple decks, stunning water views over the Nehalem River and out to sea, this is your opportunity to be a part of a thriving costal community. Whether you are looking for an income opportunity providing housing that is in short supply on the coast, operating your own restaurant, leasing the space to a user who wants to live on site, subsidizing housing for your staff, or creating a short-term overnight opportunity for guests, your opportunities are endless. Stunning sunsets over the river provide a backdrop for magical, memory making evenings that showcase the possibilities in this truly one-of-a-kind waterfront restaurant and duplex.
One-of-a-kind investment opportunity on The Nehalem Bay River with 11 guest rooms (8-studios, 1/1, 2/1 and a 3/2) and one apartment. Live and work in your own Lodge or vacation-rent the main home for additional income. Incredible bay and mountain views off the deck. Waterfront property includes a private dock with river access for guests to moor their boat, fish, kayak or leisurely watch the river flow by. Boat/trailer parking available for guests with 20 plus parking spaces. Step into this busy boutique hotel business all the while enjoying all the peace and tranquility an Intimate coastal community along Oregon's scenic coast has to offer.
Redevelopment Opportunity on Highway 101 in downtown Wheeler, Oregon. fully demoed and ready to develop. Not in the Fema (flood) zone. Free surface parking lot adjacent to the property, Bay views from the second floor. Uses include retail on the main floor and residential living on the second floor.
The median home value in Wheeler, OR is $699,000. This is higher than the county median home value of $474,000. The national median home value is $338,100. The average price of homes sold in Wheeler, OR is $699,000. Approximately 31.72% of Wheeler homes are owned, compared to 40% rented, while 28.28% are vacant. Wheeler 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 Wheeler real estate agent to arrange a tour today!
Wheeler, Oregon has a population of 392. Wheeler is less family-centric than the surrounding county with 5.13% of the households containing married families with children. The county average for households married with children is 20.38%.
The median household income in Wheeler, Oregon is $45,227. The median household income for the surrounding county is $55,730 compared to the national median of $69,021. The median age of people living in Wheeler is 48.3 years.
The average high temperature in July is 67.1 degrees, with an average low temperature in January of 38.1 degrees. The average rainfall is approximately 95 inches per year, with 0.8 inches of snow per year.