412-428 SE Highway 101, Lincoln City, OR 97367 (MLS:18-3030)

Commercial

Updated by Martek Real Estate,

Property Description 

Prime SE Lincoln City commercial building and parking lot, with over 90′ of Highway 101 frontage. High cap rate, building is currently leased by a single tenant and grossing $48,000 a year. Appointment necessary, please do not disturb tenant. A great opportunity in a excellent location! A member of the selling party has an active Oregon Real Estate license.

412-428 SE Highway 101, Lincoln City, OR 97367 - HWY Exterior & Parking Lot412-428 SE Highway 101, Lincoln City, OR 97367 - HWY Exterior & Parking Lot
412-428 SE Highway 101, Lincoln City, OR 97367 - Parking Lot & Building 2412-428 SE Highway 101, Lincoln City, OR 97367 - Parking Lot & Building412-428 SE Highway 101, Lincoln City, OR 97367 - Rear of Building412-428 SE Highway 101, Lincoln City, OR 97367 - Parking Lot412-428 SE Highway 101, Lincoln City, OR 97367 - 412-428 SE HWY 101
412-428 SE Highway 101, Lincoln City, OR 97367 - Parking Lot & Building 2412-428 SE Highway 101, Lincoln City, OR 97367 - Parking Lot & Building412-428 SE Highway 101, Lincoln City, OR 97367 - Rear of Building412-428 SE Highway 101, Lincoln City, OR 97367 - Parking Lot412-428 SE Highway 101, Lincoln City, OR 97367 - 412-428 SE HWY 101
  • Status Active 
  • City Lincoln City 
  • County Lincoln 
  • State Oregon 
  • Major Area LCGB - Lincoln City UGB 
  • Area NLSE - Lincoln City SE 
  • Subdivision NA 
  • Parcel Number 071115DB-12900-00, ++ 
  • U.S. Highway 101 East Side 
  • Business Description Administrative and Support, Medical, Parking, Professional/Office 
  • Property Type Commercial 
  • Bathrooms
  • Ceiling Flat 
  • Flooring Carpet, Hardwood 
  • Furnished No 
  • Alternate Heat None 
  • Garage Type None 
  • Parking Spaces 14 
  • Street Surface Paved 
  • Roof Composition 
  • Siding Other 
  • Foundation Continuous Concrete 
  • Outbuildings None 
  • Total Square Feet 2,360 
  • Year Built 1988 
  • Lot Acres 0.3 
  • Lot Size 13,069 SF 
  • Frontage Highway 
  • Zoning GC - General Commercial 
  • Water City Property 
  • Sewer City Property 
  • Electric On Property 
  • Gas On Property 
  • Bank/Lender Owned No 
  • Seller's Terms Cash, Conventional Financing 
  • Price $649,000 
  • Taxes $5,940 
  • Tax Year 2018 
  • MLS Number 18-3030 
  • Phone Number (541) 265-8785 
  • Directions Highway 101 to property. See sign. 
  • Cross Street SW 4th Street 

Taylor & Taylor Realty Company is the listing office. Call Martek Real Estate at (541) 265-8785 to see this property or obtain more information.