3470 HIGHWAY 101, Gearhart, OR 97138 | MLS #578079206 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of Windermere Realty Trust- MLS# 578079206MLS Provider

3470 HIGHWAY 101Gearhart, OR 97138

Commercial · 8,020 Sq. ft. | 0.67 Acres
$1,450,000 Active

3470 HIGHWAY 101 Overview

Time on Site:
224 days
Visits:
19

Exceptional Commercial Property in Gearhart Discover a prime investment opportunity with this well-established retail and commercial property, perfectly positioned along the highly traveled Highway 101 in central Gearhart. Offering unmatched visibility and steady traffic flow, this location ensures maximum exposure for any business venture. Thoughtfully updated, featuring fresh paint and modern flooring in the main tenant space'creating a bright, inviting atmosphere. Boasting long term tenants, its versatility is ideal for retail, office, or mixed-use purposes, making it a rare find in one of the Oregon Coast's most desirable communities. View this link for interior video and floor plan Cut and paste https://realsee.ai/5jLLWrX5

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3470 HIGHWAY 101 Facts & Features

  • Type Commercial
  • Sq. ft. 8,020
  • Price/Sq.ft. $181
  • Lot 0.67 Acres

Details

General

Income/Expenses

  • Existing Lease Type: 1 - 5 Years Remaining
  • Gross Income: 101556.0
  • Operating Expense: 5001.0

Building Information

  • Year Built: 2001

Business Information

  • Current Use: Office,Professional Service,Retail

Location/Region

  • Country: US
  • County Or Parish: Clatsop
  • MLS Area Major: 182 - Clatsop Co: Gearhart West

Rent/Lease Information

  • Lease Amount: 8463.0

Tax Information

  • Tax Annual Amount: 9239.62
  • Tax Year: 2025

General Information

  • Inclusions: Building,Land
  • Listing Terms: Cash,Conventional,Other
  • Parcel Number: 52535
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: C2

Interior

Building Interior

  • Building Area Total: 8020.0

General Information

  • Heating: Forced Air,Heat Pump
  • Stories: 1

Exterior

Parking Information

  • Parking Total: 18.0

Lot Information

  • Lot Size Acres: 0.67
  • Lot Size Square Feet: 29185.0
  • Number Of Buildings: 1
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Shake Siding,Wood Frame
  • Roof: Composition

General Information

  • Sewer: Shared Septic

3470 HIGHWAY 101 Neighborhood

Community

97138 (Seaside) Demographics

47
Median Age
84
Population Density (per sq. mile)
34%
College Educated
$47,575
Estimated Median Income
2,454
Estimated Total Home Owners
2,246
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3470 HIGHWAY 101 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3470 HIGHWAY 101 Market Data

Based on the last 30 days in this zip code

$805,621
Average List Price
$394
Average Price per Square Foot
21
Properties Sold
100
Average Days on Market
218
Properties for Sale
Calculations provided by Reliance Network

3470 HIGHWAY 101 History

Date Event Value Agent
5/6/2026Source: Regional MLS Price Reduction
$1,450,000 -5.8%
4/2/2026Source: Regional MLS Price Reduction
$1,539,000 -3.1%
11/17/2025Source: Regional MLS Added to Database
November 17, 2025