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34274050
34274057

1330 NE HWY 101, LINCOLN CITY, OR 97367 For Sale

DR
OR 810604051
Taylor & Taylor Realty Co.
Listed by Taylor & Taylor Realty Co.
$1,150,000
11 days on market
Updated 11 days ago

Lincoln City Commercial

Details
APN R424360
Property Type Mixed Use
Square Footage 4,172
Units 2
Cap Rate 6.83%
Class B
Year Built 1950
Year Renovated 2022
Buildings 2
Lot Size (SqFt) 10,018
Zoning OP-MSH Main Street Highway
Parking Spaces 9 spaces
Parking per 1,000 SqFt 2.16
Ground Lease No

Commercial building with a home

Marketing description

Investment opportunity featuring two contiguous commercially zoned properties in Lincoln City. The commercial building, located at 1330 NE Hwy 101, was formerly operated as a bar and grill and had undergone extensive remodeling in 2022, offering a versatile space ready for its next use. Also included in the sale is the property at 1333 NE Keel Ave, featuring a 4-bedroom, 2-bath home with commercial zoning that allows for short-term rental use. The home is in the process of being remodeled and will require completion, providing an opportunity for a buyer to finish the property to their own specifications and vision. With two contiguous properties, commercial zoning, Highway 101 frontage, and flexibility for a variety of potential uses, this offering presents a unique opportunity in a central Lincoln City location.

Investment highlights

Two properties included in the sale, commercially zoned, high daily traffic & foot traffic, high visibility, short-term rental opportunity with the home.

Listing Contacts

DR
OR 810604051
Taylor & Taylor Realty Co.
Listed by Taylor & Taylor Realty Co.

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Additional Information

Name
Dennis Regen
License
810604051
Brokerage
Taylor & Taylor Realty Co.
Title
Principal Broker
Brokerage Address
3891 Northwest U.S. 101
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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