3128 &3126 NE Hwy 101

Lincoln City, OR, 97367

$1,595,000

$105 per ft²
$1,595,000
$105 per ft²
Active
Active
 - For Sale
carpenters-square
15,074 ft²
property_type
Commercial
calendar
Built 1975
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. $6,500 rental income is on a triple net lease (Tenant pays property taxes, Insurance and Utilities). 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!
MLS® ID:
22-20
Updated:
10/7/22
Cascade | Sotheby’s International Realty
Seth Belsey

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Tile
Heating
Furnace, Gas

Exterior/Building Features

Lot Size
1.81 acres lot
Roof
Metal
Sewer
City

Other Property Details

Taxes
$17538.30
Tax Frequency
per YEAR
Garage
No
Parking
0, None
View
Y
County
Lincoln
Utilities
On Property
Water Source
City
Pool
No
Zoning
GC - General Commercial

 

Courtesy of Taylor & Taylor Realty Company

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Seth Belsey shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2022 Lincoln County Board of REALTORS. All rights reserved.

Cascade | Sotheby’s International Realty
Seth Belsey
Contact