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1330 NE Highway 101
Lincoln City, OR 97367
Retail Property For Sale
EXECUTIVE SUMMARY
PRICE SLASHED! Motivated owner! Commercial building in One of Lincoln City's most central and high-traffic locations in downtown Oceanlake District with 52 feet of prime Highway 101 frontage. Building was fully remodeled in 2023 and has 2,524 sq ft facility w/both indoor & outdoor seating, as well as on-site and off-site parking. Furnishings negotiable. The sale is subject to an ingress/egress easement with the adjacent property to to the North for shared parking to be completed prior to closing. The adjacent property is also available for purchase. Check with your agent for details.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,524 SF
Year Built
1950
Price
$1,322,688 CAD
Price Per SF
$524.04 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.15 AC
Zoning
OP-MSH - Oceanlake Plan district with the Mixed Use Highway
Frontage
50’ on Highway 101
AMENITIES
- Signalized Intersection
- Wheelchair Accessible
PROPERTY TAXES
| Parcel Number | R424360 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $398,469 CAD |
PROPERTY TAXES
Parcel Number
R424360
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$398,469 CAD
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