1330 Ne Hwy 101, Lincoln City, OR 97367

Listing Courtesy of Taylor & Taylor Realty Company.

$1,150,000
4
BA
4,172
SqFt

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List Price
$1,150,000
Status
ACTIVE
Days on Market
67
MLS#
26-1869
Subtype
Commercial Sale
Year Built
1950
Bathrooms
4
Living Area
4,172
Lot Size
10,018
Acres
0.23

Property 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 2022-23, 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. Property is located in the "Opportunity Zone". Contact the City of Lincoln City Economic Development Dept. for additional information.

Additional Information

Taxes
$8,559
Zoning
OP-MSH Main Street Highway
Flooring
Other
Heating
Electric, Heat Pump, Ductless
Air Conditioning
Electric
Levels
Three Or More
Roof
Composition, Membrane
Foundation
Concrete Perimeter, Slab
View
Other, Ocean

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Calculator source: Real Geeks