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4006 NE West Devils Lake Rd
Lincoln City, OR 97367
Devils Lake Commercial · Retail Property For Sale
Investment Highlights
- Lake front
- Near Highway 101 access
- Commercially zoned
Executive Summary
Located on the North end of Devils Lake in Lincoln City, this property features approx. 194+ feet of lake frontage and .45 of an acre of land. Many uses for this property under the Recreation Commercial zone including hotel, condo, boat moorage, boat rental business and outright use for a vacation rental. Subject to submerged land lease for docks of 99 years and the Devils Lake Water Improvement District to lease an office space and mooring for a boat. Being sold as a package sale, or individually as tax lot 2900 or 2605. Any sale must close concurrently with the other parcel. Home that is on the property is not habitable and being sold in it's as is and present condition and the seller will not make repairs.
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Building Size
2,665 SF
Building Class
C
Year Built
1932
Price
$815,700 CAD
Price Per SF
$306.08 CAD
Percent Leased
100%
Building Height
2 Stories
Loading Docks
2 Exterior
Building FAR
0.14
Lot Size
0.45 AC
Opportunity Zone
Yes
Zoning
R-C - (RC) is provided for those commercial uses having a definite relationship to the community’s resort and recreation industry.
Frontage
150’ on NE West Devils Lake Rd
Amenities
- Waterfront
Property Taxes
| Parcel Number | R324125 | Improvements Assessment | $281,865 CAD |
| Land Assessment | $1,010,312 CAD | Total Assessment | $1,292,178 CAD |
Property Taxes
Parcel Number
R324125
Land Assessment
$1,010,312 CAD
Improvements Assessment
$281,865 CAD
Total Assessment
$1,292,178 CAD
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