1330 Ne Hwy 101, Lincoln City, OR

$799,000

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2

Baths

2,556

Square feet

0.16

Acres

About 1330 Ne Hwy 101

Investment opportunity awaits you! This property features commercial real estate currently setup for a bar and grill that has been completely remodeled. Only the real estate is for sale, business is tenant owned. Real estate is currently leased with a five year triple net lease. Lease amount is $44,400 per year with a 3% increase per year. Conveniently located in the heart of Lincoln City near shopping, restaurants, casino, and miles of sandy beaches. Adjacent residential home is also for sale, see MLS#22-2047. Or purchase both properties together, see MLS# 22-1997 & 22-2003.

Features of 1330 Ne Hwy 101

MLS® # 22-2046
Price $799,000
Bathrooms 2.00
Square Footage 2,556
Acres 0.16
Year Built 1950
Type Commercial
Status Active

Community Information

Address 1330 Ne Hwy 101
Area Lincoln City NE
Subdivision Raymond Townsite
City Lincoln City
County Lincoln
State OR
Zip Code 97367

Amenities

Parking Spaces 5
Garages None
View None
Is Waterfront No

Interior

Heating Ductless Heat Pump
Cooling HVAC Cool
Has Basement No

Additional Information

Date Listed September 21st, 2022
Zoning OP-MSH Main Street Highway
Short Sale No
RE / Bank Owned No

Listing Details

AgentDennis M Regen
OfficeTaylor & Taylor Realty Company

Listing Map

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