About This Home
This 0-bedroom, 0-bathroom commercial at 278 MARINE Dr in Wheeler, OR is listed for $1,490,000 ($457 per sqft). Built in 1950, the home offers 3,260 sqft of living space on a 0.54 acres lot.
Key Features
- Built in 1950
- 0.54 acre lot
- Waterfront
Property Details
Amenities
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, an
d 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.
Monthly Cost Estimate
$7,969/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
278 MARINE Dr
Wheeler, OR 97147
Property Details
Construction
Views
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 278 MARINE Dr is listed at $1,490,000 ($457/sqft). The estimated monthly payment is $7,969 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.54 acre lot, Waterfront.
This property is listed by Bradley King and can be reached at 5033138262.


