1330 NE HIGHWAY 101

LincolnCity, 97367

  • Bed

  • Bath

  • 0 SqFt

  • 50 DOM

  • Built: 1950

  • Status: Active

$990,000

X

1330 NE HIGHWAY 101

LincolnCity 97367

$990000

  • Bed

  • Bath

  • 0 SqFt

  • 50 DOM

  • Built: 1950

  • Status: Active

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

PRICE SLASHED! Motivated owner! This is a rare opportunity to acquire a fully operational & successful restaurant/lounge Lincoln City's most central and high-traffic locations in downtown Oceanlake District with 52 feet of prime Highway 101 frontage. Building was fully remodeled in 2023 and has 2,524 sq ft facility w/both indoor & outdoor seating, as well as on-site and off-site parking. Furnishings negotiable. The sale is subject to an ingress/egress easement with the adjacent property to to the North for shared parking to be completed prior to closing.Seller is offering 90 days of training and operational coaching to ensure a smooth transition. Financials available to qualified buyers with proof of funds or lender pre-qualification. Shown by appointment only.The adjacent property is also available for purchase. Check with your agent for details.

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