1. Oregon
  2. Lincoln City
  3. 3128 Ne Hwy 101
$1,550,000

3128 Ne Hwy 101, Lincoln City, OR 97367

  • 15,074 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1975
  • Property Lot Size Icon0.81acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $103/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Great Commercial Opportunity in a fantastic location of Lincoln City! Over 15,000 square feet of commercial space, 150 feet of Highway 101 frontage, PLUS additional 1 acre lot for extra parking or development. New Roof & gutters with 20 year warranty! 6,500 rental income is on a triple net lease (Tenant pays property taxes, Insurance and Utilities). Additional cottage rents for 850/month. Both parcels are zoned GC with permitted uses including: Retail, restaurant, motels and resorts, offices, mixed use development, and more (see list in Documents.) Buyer to verify future uses with Lincoln City Planning. Property is being sold in 'As Is' condition. Please do not disturb tenants or their employees, showings by appointment. Property is within the federally designated Opportunity Zone!

Listing Status:
Active
Date Added:
May 27, 2025 at 05:00AM
Listing Office:
Taylor & Taylor Realty Co. : 541-994-9111
Listing Agent:
Amy Graham : 541-992-1050
MLS ID:
263446366
  • Heating: Floor furnace

This listing courtesy of Amy Graham, Taylor & Taylor Realty Co.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Oceanlake Elementary School

2420 NE 22nd St, Lincoln City, OR, 97367

Grades KG-2

0.51 miles away

T

Taft Middle & High School

3780 SE Spy Glass Ridge Dr, Lincoln City, OR, 97367

Grades 7-12

3.51 miles away

L

Lincoln City Career Technical High School

801 SW Highway 101 Ste 404, Lincoln City, OR, 97367

Grades 9-12

1.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.