$1550000
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Bed
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Bath
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15074 SqFt
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3 DOM
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Built: 1975
- Status: Active
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Mohanraj Rajendran
Real Estate Agent
(503) 336-1515Great 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 Provided Courtesy of Amy Graham, Taylor & Taylor Realty Co.
General Information
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263446366
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Commercial
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3 DOM
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0.81 acres
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15074
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1975
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G-C
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Lincoln
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R306470
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CommercialSale
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Commercial
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PROPERTY ID R306470 TWNSHP 07, RNG 11, ACRES 0.81, DOC202112333
Listing Provided Courtesy of Amy Graham, Taylor & Taylor Realty Co.
Mohan Realty Group data last checked: Jun 07, 2025 14:49 | Listing last modified May 30, 2025 11:52,
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