3126 NE Highway 101 - Storefront FOR SALE


Lincoln City, OR 97367
$1,495,000 USD
541-992-1050
3126 NE Highway 101, Lincoln City, OR for Sale
$1,495,000 USD
Storefront - FOR SALE
1/39
null | Request Cap Rate

3126 NE Highway 101
Lincoln City, OR 97367


OVERVIEW

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 with 20 year warranty! $6,500 rental income is on a triple net lease (Tenant pays property taxes, Insurance and Utilities). 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!

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$99 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.81 AC

LAND SF

78,844 SF

ZONING

GC

APN/PARCEL ID

R306470

ASK ABOUT THIS PROPERTY

Amy GrahamTaylor & Taylor Realty Co.More Info
541-992-1050

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Amy GrahamTaylor & Taylor Realty Co.More Info
541-992-1050

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