1115 SE 1ST ST Lincoln City, OR $ 1,375,000
1115 SE 1ST ST
$ 1,375,000
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1115 SE 1ST ST

Lincoln City, OR, 97367
$ 1,375,000
Baths0.0 Sq 3,646

Monthly Estimate*

$ 9,605

1115 SE 1ST ST, Lincoln City, OR 97367 - Image 1
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Studio

Commercial Property for sale in Lincoln City, OR

for $1,375,000. This 3,646 square foot building was built in 1960 on a lot size of 0.26.

Rare Development Opportunity, .26 acres prime commercial space nestled on the picturesque shores of Devils Lake. Property boasts an unbeatable location, offering unparalleled views of the water and surrounding natural beauty. Whether you are looking to start a new business or relocate an existing one, this property is ideal for a wide range of commercial ventures. With its close proximity to major roads and highways, it offers easy access. Perfect for a hotel, brewery, restaurant or what ever your imagination can come up with. flexible interior layout, this property provides endless possibilities for your business. Large windows fill the space with natural light, creating an inviting and comfortable environment for customers and employees. The property also features an outdoor area that can be used for a range of purposes, from hosting outdoor events to providing a relaxing space for customers to unwind. Proximity to popular tourist attractions and recreational activities make it an ideal location. Don't miss this rare opportunity to secure a prime commercial space in historic Lincoln City.

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Commercial Active

Price

$ 1,375,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,961

Style

Commercial

Lot Size

0.26

Year Built

1960

Town/City

Lincoln City

County/Region

Lincoln

MLS | Web ID

23305590

Features
General
Sewer PublicSewer
Heating ForcedAir
Zoning G-C
Construction Materials WoodFrame
Year Built 1960
Sale Includes Building Equipment Land
Stories 1
Property SubType Commercial
Tax Year 2022
Current Use Restaurant
Gross Income 0
Waterfront Features Lake
Business Name Vivian's Restaurant & Barbeque
County Lincoln
Operating Expense 0
Property Type CommercialSale
Status Active
Directions Hwy 101 to Se 1st St
City LincolnCity
Body of Water Devils Lake
MLS Area _200
Lot Size Square Feet 11325.0
Street Name 1ST
Listing Terms Cash Conventional Trade
Tax Annual Amount 7961.5
Property Condition Existing
Days on Market 368
Standard Status Active
Lease Amount 175.0
Legal Description PROPERTY ID : R261959 DELAKE - 1ST ADDN BLOCK 7 LOT 1-3 DOC201
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Exterior
Parking Features OnSite
Water Source PublicWater
Total Parking 20.0
Number of Buildings 1
Building Area Total 3646.0
Lot Size Acres 0.26
Other Equipment SmokeDetector Sprinkler
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Interior
Street Suffix ST
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Internal Only
Street Number 1 1115
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* Excluded Features
List By
John L. Scott Ne Portland

Broker

adamcshepard@gmail.com

Email

Affordability Calculator

$10,268
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,605
Monthly Property Taxes
$663
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2023$1,375,000 Listed Price

Map


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1115 SE 1ST ST, Lincoln City, OR, 97367 is a Commercial Property for sale at $1,375,000 with 3,646 sqft and a lot size of 0.26. 1115 SE 1ST ST is a studio with 0.0 baths and was built in 1960. The property's zip code is 97367 which is in Lincoln City, OR