1316 Ne Hwy 101, Lincoln City, OR 97367

Property Description

PRIME HWY 101 FRONTAGE in the heart of Lincoln City and the bustling Oceanlake District. Excellent investment opportunity with this remodeled, single-level commercial property with 50 feet of HWY 101 frontage. The property consists of a 1561 S.F. building, fenced lawn courtyard (Great Outdoor Seating), storage shed, gated rear parking area and a large gravel parking lot with potential for additional development. High visibility location provides outstanding exposure, access and year-round pedestrian and car traffic. Just blocks from beach access and near established businesses, restaurants and shopping. The OP-MSH (Oceanlake Plan-Main Street Highway) zoning allows for many possibilities including but not limited to: office, service, retail, restaurant, coffee shop, wellness / yoga studio, or art gallery. The large upper parking area may also allow for an additional single-family home (buyer to verify with the City of Lincoln City), creating the potential for a long-term or nightly vacation rental. Whether you're looking to grow your business, establish a new business or invest in one of the Oregon Coast's most vibrant districts, this opportunity is not to be missed. Shown by appointment only.