580 MARINE DRWheeler, OR97147

$2,975,000
$502,018 annual income
7407 sq. ft
0.47 acres
SqFt20000toAcres1
Zoning: WRC
167 days on market
Tour #1Tour #2

VestorFilter™

Price per ft²$401.65/ft²
Price per acre$6.33M/ac
Time on market167 days

Property Description

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.

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Financial Data

Price ChangeIncreased $2,705,100 on 02/07/2024
Total $ increase
Original Price$2,975,000
Current Price$2,975,000
Property Taxes$6,448

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Home Facts

StatusActive
Year Built1948
MLS ID23099434