$575,000

FOR SALE: Unique Commercial/Mixed-Use Development Opportunity in Downtown Wheeler! Prime Highway 101 (Nehalem Blvd.) location with approx. 5,500 ODOT Average Daily Traffic (ADT). Wheeler is a walkable Tillamook Coast community with dining, shopping, bayside recreation, kayak rentals and hiking nearby.Facing beautiful Nehalem Bay, these two contiguous buildings are in “shell condition,” with demoed interiors creating wide-open floor plans and flexible use possibilities. The buildings are connected with the interior demising wall removed. Add stairs to access the 2nd floor, featuring impressive old-growth hardwood floors and bay views, for commercial expansion or residential use—including an owner’s loft or 1–2 rental units. Sample floor plan included.An Elevation Certificate confirms the property is outside the FEMA-designated flood zone. Sellers have worked with a structural engineer on the exterior walls and secured environmental clearances, including asbestos and lead-based paint. Extensive structural updates and restoration work have prepared this blank canvas for the next owner. Quality rustic/vintage building materials remain onsite.Seller’s property knowledge, experience and existing restoration permits may assist the new owner. New membrane roof on the single-story portion; metal roof on the two-story portion.Parking onsite, in contiguous City lots, downtown streets and off-street spaces. Adjacent to the Post Office, Old Wheeler Hotel, The Roost and Wheeler Antiques & Collectibles. Nehalem Bay is directly across the street, near Neahkahnie Smoke House, Wheeler Marina, Salmonberry Restaurant and the seasonal Oregon Coast Scenic Railroad.SELLER FINANCING AVAILABLE with attractive terms. Seller welcomes a buyer bringing a dynamic new business to serve locals, visitors and tourists.