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3128 NE Hwy 101 Lincoln City, OR $ 1,550,000
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$ 1,550,000 Get more info
3128 NE Hwy 101
$ 1,550,000
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Share Save

3128 NE Hwy 101

Lincoln City, OR, 97367
$ 1,550,000
Bedrooms-- Baths-- Sq 15,074

Monthly Estimate*

$ 9,544

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Commercial Property for sale in Lincoln City, OR

for $1,550,000. This 15,074 square foot building was built in 1975 on a lot size of 0.81.

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 & gutters 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!

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Commercial Pending

Price

$ 1,550,000

Property Type

Commercial

Taxes

$ 19,475

Style

Commercial

Lot Size

0.81

Year Built

1975

Town/City

Lincoln City

County/Region

Lincoln

MLS | Web ID

263446366
Features
General
Sewer PublicSewer
Heating FloorFurnace
Roof Membrane
Zoning G-C
Construction Materials Other
Year Built 1975
Sale Includes Building Land
Property Subtype Commercial
Tax Year 2024
Current Use Retail
Parcel Number R306470
Gross Income 78000.0
County Lincoln
Operating Expense 0
Property Type CommercialSale
HOA N
Status Pending
Directions Property is located on corner of Hwy 101 & NE Holmes Rd. Vacant Lot across street from Bldg
City LincolnCity
MLS Area _200
Lot Size Square Feet 35283.0
Listing Terms Cash Conventional
Tax Annual Amount 19475.95
Property Condition Existing
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description PROPERTY ID R306470 TWNSHP 07 RNG 11 ACRES 0.81 DOC202112333
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Exterior
Road Frontage 150
Parking Features OnSite
Water Source PublicWater
Total Parking 42.0
Number of Buildings 2
Building Area Total 15074.0
Lot Dimensions Irreg.(Plat in Docs)
Lot Size Acres 0.81
Road Surface Type Paved
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Internal Only
Street Number 1 3128
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* Excluded Features
List By
Taylor & Taylor Realty Co.

Broker

541-994-9111

Contact

Affordability Calculator

$11,167
Per Month
85%
15%
0%
Monthly Principal & Interest
$9,544
Monthly Property Taxes
$1,623
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/28/2025$1,550,000 Listed Price

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3128 NE Hwy 101, Lincoln City, OR, 97367 is a Commercial Property for sale at $1,550,000 with 15,074 sqft and a lot size of 0.81. 3128 NE Hwy 101 was built in 1975. The property's zip code is 97367 which is in Lincoln City, OR

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