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Listed by Keller Williams Realty Portland Premiere • 503-313-8262
$ 1,490,000
Est. payment /mo
New
278 MARINE DR Wheeler, OR 97147
3,260 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,260 sqft
Price per Sqft $457
MLS Listing ID 794901380
Year Built 1950
Annual Tax Amount $4,054
Tax Year 2025
Lot Size 0.540 Acres
Property Sub-Type Commercial
Property Description
A rare opportunity to own one of the Oregon Coast's most iconic waterfront businesses: Wheeler Marina at 278 Marine Drive, established in 1940 and sitting right in the heart of historic Wheeler along US-101. This turnkey, income-producing marina offers 50 moorage slips, kayak/canoe/paddleboard and boat rentals, a tackle shop with bait, licenses, and gear, plus a remodeled 2-bed/1-bath residence ideal as owner's quarters or a short-term rental — all set where the Nehalem River meets the bay, with direct access to premier crabbing, Chinook salmon fishing, and miles of scenic waterway. Most importantly, this is a truly irreplaceable asset: current coastal and environmental regulations mean new marinas can no longer be permitted in this area, making Wheeler Marina's grandfathered status and permanent easements impossible to recreate. With an existing retail footprint and on-water operation, the property is primed for an owner-operator to expand both retail sales and moorage capacity, capturing more of the region's steady fishing, crabbing, and recreational boating demand. Established history, irreplaceable location, and dual expansion potential — offered at $1,490,000. All information is deemed reliable but not guaranteed.
Location
State OR
County Tillamook
Area _195
Zoning WH_WRC
Interior
Heating Baseboard, Wall Heater
Exterior
Waterfront Description BayFront
View Bay, Territorial
Roof Type Composition
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
