266 SE Hwy 101, Lincoln City, OR 97367 (MLS:20-364)

Commercial

Updated by Martek Real Estate,

Property Description 

Building Only, not the business. Prime commercial building with ocean views and 400′ of highway 101 frontage! ! Walking distance from the busiest wayside on the Oregon Coast. There are no less than 8 hotels also within walking distance along this 7 1/2 mile long tourist driven beach side community. Enough space for ocean view condos, motel, brewery (large vaulted ceilings in restaurant). The sky is the limit for this highway 101 frontage, ocean view expansive property. Also includes a over 3,000 sq ft partially finished basement and 1,625 sq ft loft with new flooring and an additional bar. All system development fees paid. Has new dumpster area. .

266 SE Hwy 101, Lincoln City, OR 97367 - Front 266 SE Hwy 101266 SE Hwy 101, Lincoln City, OR 97367 - Front 266 SE Hwy 101
266 SE Hwy 101, Lincoln City, OR 97367 - East side of Building266 SE Hwy 101, Lincoln City, OR 97367 - View from 266 SE Hwy 101266 SE Hwy 101, Lincoln City, OR 97367 - Restaurant266 SE Hwy 101, Lincoln City, OR 97367 - Restaurant 2266 SE Hwy 101, Lincoln City, OR 97367 - Bar266 SE Hwy 101, Lincoln City, OR 97367 - Bar 2266 SE Hwy 101, Lincoln City, OR 97367 - Bathroom266 SE Hwy 101, Lincoln City, OR 97367 - Basement266 SE Hwy 101, Lincoln City, OR 97367 - Basement 2266 SE Hwy 101, Lincoln City, OR 97367 - Kitchen
266 SE Hwy 101, Lincoln City, OR 97367 - East side of Building266 SE Hwy 101, Lincoln City, OR 97367 - View from 266 SE Hwy 101266 SE Hwy 101, Lincoln City, OR 97367 - Restaurant266 SE Hwy 101, Lincoln City, OR 97367 - Restaurant 2266 SE Hwy 101, Lincoln City, OR 97367 - Bar266 SE Hwy 101, Lincoln City, OR 97367 - Bar 2266 SE Hwy 101, Lincoln City, OR 97367 - Bathroom266 SE Hwy 101, Lincoln City, OR 97367 - Basement266 SE Hwy 101, Lincoln City, OR 97367 - Basement 2266 SE Hwy 101, Lincoln City, OR 97367 - Kitchen
  • Status Active 
  • City Lincoln City 
  • County Lincoln 
  • State Oregon 
  • Major Area LCGB - Lincoln City UGB 
  • Area NLSE - Lincoln City SE 
  • Subdivision Hostetler's to South Delake 
  • Parcel Number 071115AC-6800-00 
  • U.S. Highway 101 East Side 
  • Business Non-Compete Agreement 
  • Business Description Bar/Tavern/Lounge, Restaurant 
  • Property Type Commercial 
  • Primary View Ocean 
  • Secondary View Lake 
  • Bathrooms
  • Ceiling Vaulted 
  • Flooring Tile 
  • Garage Type None 
  • Parking Spaces 42 
  • Street Surface Paved 
  • Roof Composition 
  • Siding Lap 
  • Foundation Continuous Concrete 
  • Total Square Feet 8,645 
  • Year Built 2006 
  • Lot Acres 0.46 
  • Frontage None 
  • Zoning GC - General Commercial 
  • General Info Basement 
  • Water City 
  • Sewer City 
  • Electric On Property 
  • Gas On Property 
  • Bank/Lender Owned No 
  • Seller's Terms 1031, Cash, Conventional Financing 
  • Price $899,900 
  • Taxes $10,355 
  • Tax Year 2019 
  • MLS Number 20-364 
  • Phone Number (541) 265-8785 
  • Directions Left off of Highway 101. 
  • Cross Street 3rd St 

Coldwell Banker Professional Group Lincoln City is the listing office. Call Martek Real Estate at (541) 265-8785 to see this property or obtain more information.