2125 NW HIGHWAY 101 Lincoln City, OR $ 750,000
2125 NW HIGHWAY 101
$ 750,000
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2125 NW HIGHWAY 101

Lincoln City, OR, 97367
$ 750,000
Baths0.0 Sq 3,534

Monthly Estimate*

$ 5,239

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Studio

Commercial Property for sale in Lincoln City, OR

for $750,000. This 3,534 square foot building was built in 1950 on a lot size of 0.11.

Welcome to a remarkable opportunity in the heart of NW Lincoln City! This commercial gem boasts an impressive 95 feet of highway frontage, perfectly positioning it on the west side for unparalleled visibility and convenience. With ample off-street parking, this remodeled building, upgraded in 2021, presents an enticing investment opportunity. Zoned as General Commercial and currently operating as a retail store, this property offers numerous desirable features including two expansive roll-up doors, ample storage space, and the potential for income generation through short-term or full-time rentals. The lower level's charming apartment setup adds to its appeal, making it a perfect live-work space or an attractive rental option. Intriguingly, this property offers a "BOGO" opportunity: run a business on the upper level while living in or renting out the lower, or expand your business operations with ease. With its superb condition, open layout, and convenient access to retail space, this commercial building is poised to accommodate a variety of ventures seamlessly. It's important to note that while the business and inventory are not included in the property sale, the furnishings in the apartment can remain, adding an extra layer of convenience for prospective buyers. For those eager to explore this exceptional property, showings are available by appointment only, ensuring a smooth process without disrupting the current tenants during business hours. Buyer to do their own due diligence with the Lincoln City planning department to verify uses.

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Commercial Active

Price

$ 750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,934

Style

Commercial

Lot Size

0.11

Year Built

1950

Town/City

Lincoln City

County/Region

Lincoln

MLS | Web ID

24621878

Features
General
Sewer PublicSewer
Heating Other
Roof Flat Membrane
Zoning GC
Construction Materials Block
Year Built 1950
Sale Includes Building
Stories 2
Property SubType Commercial
Tax Year 2023
Gross Income 0
County Lincoln
Operating Expense 0
Property Type CommercialSale
Status Active
Directions Hwy 101 on the west side between NW 21st & 22nd.
City LincolnCity
MLS Area _200
Lot Size Square Feet 4791.0
Street Name HIGHWAY 101
Listing Terms Cash Conventional
Tax Annual Amount 3934.58
Property Condition UpdatedRemodeled
Days on Market 68
Standard Status Active
Legal Description PROPERTY ID R34579 OCEAN LAKE NO. 1 BLOCK 2 LOT 1 EXC NELY 40'O
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Exterior
Water Source PublicWater
Total Parking 4.0
Building Area Total 3534.0
Lot Size Acres 0.11
Road Surface Type Paved
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Internal Only
Street Number 1 2125
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* Excluded Features
List By
Coldwell Banker Professional

Broker

hannah.katz@coldwellbanker.com

Email

Affordability Calculator

$5,567
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,239
Monthly Property Taxes
$328
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
2/22/2024$750,000 Listed Price

Map


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2125 NW HIGHWAY 101, Lincoln City, OR, 97367 is a Commercial Property for sale at $750,000 with 3,534 sqft and a lot size of 0.11. 2125 NW HIGHWAY 101 is a studio with 0.0 baths and was built in 1950. The property's zip code is 97367 which is in Lincoln City, OR