3128 &3126 Ne Hwy 101, Lincoln City, OR

$1,495,000

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2

Baths

15,074

Square feet

1.81

Acres

About 3128 &3126 Ne Hwy 101

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). 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!

Features of 3128 &3126 Ne Hwy 101

MLS® # 22-20
Price $1,495,000
Bathrooms 2.00
Square Footage 15,074
Acres 1.81
Year Built 1975
Type Commercial
Status Active

Community Information

Address 3128 &3126 Ne Hwy 101
Area Lincoln City NE
City Lincoln City
County Lincoln
State OR
Zip Code 97367

Amenities

Parking Spaces 42
Garages None
View None
Is Waterfront No
Waterfront Highway

Interior

Heating Furnace, Gas
Has Basement No

Additional Information

Date Listed January 4th, 2022
Zoning GC - General Commercial
Short Sale No
RE / Bank Owned No

Listing Details

AgentAmy Graham
OfficeTaylor & Taylor Realty Company

Listing Map

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