$1,550,000

3128 NE Hwy 101, Lincoln City, OR 97367, US

Summary

Full Baths: 2
Half Baths: 0
Year Built: 1975

Moving Quotes

primary photo for 3128 NE Hwy 101, Lincoln City, OR 97367, US

Remarks

Great Commercial Opportunity in a fantastic location of Lincoln City! Over 15,000 square feet of commercial space, 150 feet of Highway 101 frontage, PLUS additional 1 acre lot for extra parking or development. New Roof & gutters with 20 year warranty! 6,500 rental income is on a triple net lease (Tenant pays property taxes, Insurance and Utilities). Additional cottage rents for 850/month. Both parcels are zoned GC with permitted uses including: Retail, restaurant, motels and resorts, offices, mixed use development, and more (see list in Documents.) Buyer to verify future uses with Lincoln City Planning. Property is being sold in 'As Is' condition. Please do not disturb tenants or their employees, showings by appointment. Property is within the federally designated Opportunity Zone!

Details

MLS#: 25-1204
Price: $1,550,000

Baths Full: 2
Baths Half: 0
Year Built: 1975

County: Lincoln
Subdivision: N/A
Lot Size: Irreg. (plat in docs)
Tax Fee: 19475.95

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Broker Contact

Taylor & Taylor Realty Company
3891 NW Hwy 101, Lincoln City, OR 97367
Lincoln City, OR, 97367
US
Debra Williams
! (800) 462-0197
! rebroker.geraldaldrich@gmail.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Oregon Coast MLS
Last updated: 2025-06-24T15:28:58.000-07:00.
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