1330 NE Highway 101 - Restaurant FOR SALE


Lincoln City, OR 97367
$1,150,000 USD
541-992-2177
1330 NE Highway 101, Lincoln City, OR for Sale
$1,150,000 USD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

1330 NE Highway 101
Lincoln City, OR 97367


HIGHLIGHTS

  • High daily traffic
  • Signaled light nearby
  • High foot traffic area

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$456 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

OP-MSH

APN/PARCEL ID

R424360

ASK ABOUT THIS PROPERTY

Dennis RegenTaylor & Taylor Realty Co.More Info
541-992-2177

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Dennis RegenTaylor & Taylor Realty Co.More Info
541-992-2177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.