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10425 Neahkahnie Creek Rd 6 Unit Apartment Building $891,993 CAD ($148,665 CAD/Unit) Nehalem, OR 97131

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INVESTMENT HIGHLIGHTS

  • Vacant lot is cleared, level and developable
  • Zoned for multi-use.
  • Large backyard on .49 acres
  • Located just outside Manzanita, 2 hours to PDX

EXECUTIVE SUMMARY

Contiguous to the Adventist Urgent Care Medical Facility, immediately adjacent to Hwy 101 (Pacific Coast Scenic Byway), the 2,911 Square Foot 2001 Manufactured Building has Six Offices and/or Bedrooms w/ 5.5 Bathrooms. The .49 Acre site (21,344 SF). is mostly tree lined on 3 sides, protected from future building due to terrain and protected lands. Parcel is zoned Commercial (MZ-C); allows for Medium Density Residential (R-2,R-3, R-4); includes mixed-use development, lodging, office, health related and other uses by Conditional Use Permit, see attached Zoning Docs. Recently vacated by Adventist Ambulance Service. Tucked away off Hwy 101, the private & versatile property has room for additional building(s), abundant onsite parking, rear deck with access ramp and two small outbuildings.

PROPERTY FACTS

Price $891,993 CAD
Price Per Unit $148,665 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Building Class C
Lot Size 0.49 AC
Building Size 2,911 SF
No. Stories 1
Year Built 2001
Zoning MZ-C-1 - See attached Zoning document

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
5+5 6 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0408774
Land Assessment
$110,737 CAD
Improvements Assessment
$331,793 CAD
Total Assessment
$442,530 CAD
  • Listing ID: 37243558

  • Date on Market: 2025-08-12

  • Last Updated:

  • Address: 10425 Neahkahnie Creek Rd, Nehalem, OR 97131

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