3128 NE Hwy 101 Lincoln City, OR 97367
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 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!
- Property TypeCommercial
- NeighborhoodN/A
- CountyLincoln
- Taxes$18,938
- HOA/Condo/Coop Fees$0
- Days on Site50 Days
- MLS StatusActive
- MLS ID Number22162933
- Home Size Source N/A
- Year Built1975
- Lot Size1.81 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Other
- Sewer Public Sewer
- Water Public
- Parking Spaces 42
- Parking Features On Site
- Attached Garage No
Interior Features
- Heating Floor Furnace
Exterior Features
- Parking On Site
- Roof Type Metal