Iconic Marina and Waterfront Business for Sale in Wheeler, Oregon

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Financial Details

Asking Price:
$1,780,000
Profit Metric:
N/A
Location:
Wheeler, OR, US
Source:
Date:
September 15, 2025

Key Highlights

Iconic and popular marina with a prime location on Nehalem Bay, adjacent to Hwy 101.
Includes diverse revenue streams: office/tackle shop, kayak/board shop, repair shop, and gas/storage building.
Long-term seller operation (over 45 years) with included inventory, FF&E, and potential for seller financing.

Description

This listing presents a unique opportunity to acquire a popular and iconic marina located in Wheeler, Oregon, on the scenic Nehalem Bay, directly adjacent to Highway 101. The property, built in the 1950s, has been under the same ownership for over 45 years, indicating a stable and well-established operation. The sale includes a comprehensive Water-Related Commercial Property package, featuring multiple buildings: an Office/Tackle Shop, a 2-Bedroom View Residence (suitable for short-term rental or permanent living), a Kayak/Board Shop, a Repair Shop/Workroom, and a Gas/Storage building. Expansive docks and moorage facilities are also part of the offering, with seasonal adjustments. The business comes complete with inventory, FF&E, and a recorded easement. Additional exterior amenities include a view deck, fenced yard, carport, and on-site parking. Located near popular local attractions, this picturesque property offers significant potential for a new owner. Seller financing is available, and training can be provided by the seller, who may remain as an employee. This is an asset sale, with the price reflecting the value of land, buildings, docks, easement, inventory, and goodwill.

Industry Information

Industry Description:
Marina, Waterfront Services, Retail, and Repair
Classification:
Transportation & Storage

Operational Snapshot

Year Established:
1980

Real Estate & Lease

Status:
Included

Assets & Inventory

Includes FF&E:
Yes
Includes Inventory:
Yes

Broker Contact

Name:
Valerie Schumann
Company:
Berkshire Hathaway HomeServices Northwest
Phone:
971-265-8560

Listing Details

Listing ID:
2bd19b36-4e5b-4d47-a88b-c042fb4fd9f5
Source Listing ID:
2373421
Deal Status:
For Sale
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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