Multifamily + 1 office space! Great visibility & upside in this mixed-use, two-story building in the center of Clatskanie, Oregon just off HWY 30! The Town has many yummy restaurants and interesting retail shops. There are many community Events across the street in the huge park with a great community pool. It is close to Longview WA and a short drive to Astoria OR. The building is approx. 4,114 SF and sits on top of 5,451 SF of land. The ground floor includes an approx. 1,200 SF commercial space leased to State Farm Insurance and a residential unit behind the commercial space with one bedroom/one bathroom. The second floor has three fully leased units; two large units with one bedroom/one bathroom and a unit with two bedrooms/one bathroom. The property includes seven uncovered parking spaces. This property has great potential upside if rents are brought to market rates. Current annual gross income $55,000. Currently offering a 7.3% CAP Rate and a GRM of 9 times gross. Call today for more details.
Home facts updated by county records on Feb 16, 2024
Sale and tax history for Nehalem Rd
Sale History
Tax History
Date
Event
Price
FSBO.com #cmt93c5a3032hs6016vgla3qd
Aug 25, 2026
Listed
$499,000
CAR #20-662
Jun 30, 2020
Listed
$175,000
CAR #01-1035
Nov 20, 2001
Sold
—
Jul 11, 2001
Listed
$69,900
Large secluded flag lot with electric pedestal on lot line. Some distant ocean view from 2nd story. Fruit Trees & Pasture. Priced $10,000 below county assessment. Adjacent house & . 72 acre parcel priced at $259,000.
CAR #01-768
Jul 17, 2001
Sold
$59,500
May 21, 2001
Listed
$62,500
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Vacant Land
County
Tillamook County
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Last updated by owner on Feb 16, 2024.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 80° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
8 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Nehalem, OR • 97131
Average low and high temperatures (°F)
51
38
50
38
53
43
58
43
62
47
66
51
68
53
69
56
68
54
61
47
53
43
53
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
73/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.2 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for Nehalem Rd
$487,938
$11K under list price of $499K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $420K to $610K.