About 4000 Blk Nw 40th Street
Prime 3.89 acre ocean view property, offering an exceptional opportunity for hotel, motel, or resort development. With ocean views, close proximity to the casino, and just moments from beach access, shopping, and dining, this location is ideally positioned to serve visitors and capitalize on strong coastal tourism demand. Zoned R-C Recreation Commercial and priced at $5.28 per square foot, this site allows for a wide range of approved uses as verified with the City of Lincoln City, including apartments, condominiums, hotels, motels, timeshares, and senior retirement housing. The property offers excellent visibility and convenient access from Highway 101, making it well suited for both destination and long-term residential or hospitality projects. All utilities are available at the street. Seller is open to seller financing. Submit all offers and explore the potential this premier coastal development site has to offer.
Features of 4000 Blk Nw 40th Street
| MLS® # | LC-88398 |
|---|---|
| Price | $795,000 |
| Acres | 3.89 |
| Type | Land |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 4000 Blk Nw 40th Street |
|---|---|
| Subdivision | Lincoln Shore Star Resort |
| City | Lincoln City |
| County | Lincoln |
| State | OR |
| Zip Code | 97367 |
Amenities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Phone Available |
|---|---|
| Is Waterfront | No |
Exterior
| Lot Description | Wooded, Sloped |
|---|
Additional Information
| Date Listed | June 14th, 2019 |
|---|---|
| Zoning | RC - Recreational Commercial |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Dennis M Regen |
|---|---|
| Office | Taylor & Taylor Realty Company |