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Improved Mixed-Use Land for Sale in Gearhart, Oregon

4253 Highway 101 N, Gearhart, OR 97138

$2,000,000
5.49 acres
Active sale
$100k drop
Est $11,578/mo

A unique and versatile property with 217sf of prime frontage on Hwy 101 in Gearhart, OR. This property has excellent exposure characteristics and operates as a Motel. Located on 5.49 acres (2 tax lots) which includes a 3623sf storage building, 77 parking spaces and is approximately 1/2 mile from the beach. Thisproperty is zoned C2 for Commercial / Residential use. There are 25 units rented nightly, weekly, Bi-weekly or monthly. This is comprised of five 2 bedroom units and 20 one bedroom units all with kitchenettes, an on-site coin-op laundry all with a Mid-Century Modern flare decor. Possibilities are endless. Buyers are encouraged to conduct their own due diligence. TAX ID's 61003BA00900 & 61003BA00800

15,939
Sq feet
1985
Built

Location

Street address
4253 Highway 101 N
Zip code
97138
Elevation
23 feet
Coordinates
46.0361, -123.912

Directions

HWY 101 N TO GEARHART TO PROPERTY

Property details

Acreage
5.49 acres
Zoning
C2
MLS #
RMLS 24430835
Posted

Property taxes

Recent
$16,310

Legal description

Details and features

Listing

Type
Commercial Sale
Franchise
RE/MAX International

Structure

Stories
2
Materials
Crawl Space, Shake Siding, Wood Frame
Roof
Flat, Membrane

Listing history

DateEventPriceChangeSource
Aug 25, 2026New listing$2,000,000RMLS
Dec 31, 2025Listing removed$2,000,000Listing agent
Dec 3, 2025Price added$2,000,000RMLS
Nov 21, 2025Price removed$—RMLS
Nov 14, 2025Price drop$2,000,000$100,000 -4.8%RMLS
June 16, 2025Price drop$2,100,000$400,000 -16%RMLS
Apr 3, 2025Price drop$2,500,000$100,000 -3.8%RMLS
Dec 11, 2024New listing$2,600,000RMLS
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This 5.49-acre property is located at 4253 Highway 101 N in Gearhart, OR 97138. The property is available for sale, priced at $2,000,000. It has a 15,939 square foot structure built in 1985.

Listed by RE/MAX Equity Group, (503) 670-3000

Checked 2 hours agoUpdated Source

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