4756 SW Hwy 101, Lincoln City, OR 97367 (MLS:20-1506)

Multi-Dwelling

Updated by Martek Real Estate,

Property Description 

Back on the Market by no fault of the property or sellers. Sellers are highly motivated and will entertain all offers. Come check out the successful business location on Highway 101 . 2 bed apartment upstairs renting for $1800/ Monthly currently rented with lease, and retail area for lease down stairs. Retail space leases for $2500/Monthly making this a highly desirable situation. Let the rent help you pay for the property. Highly visible location close to shops and the beach. 15 car parking lot can be built on for additional apartments or rental units. Call today to schedule your appointment to look at it or simply stop by and check it out. Business is open to the public. .

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  • Status Active 
  • City Lincoln City 
  • County Lincoln 
  • State Oregon 
  • Major Area Lincoln City 
  • Subdivision Taft 
  • Parcel Number 071127DC-1800-00 
  • U.S. Highway 101 East Side 
  • Property Type Multi-Dwelling 
  • Style Traditional 
  • Bedrooms
  • Bathrooms
  • Basement No 
  • Ceiling Flat 
  • Flooring Wood 
  • Heating/Cooling Gas, Wall Furnace - Elect 
  • Water Heater Gas 
  • Handicap Features Ramped Main Level 
  • Garage Type None 
  • Garage Stalls
  • Parking Spaces 15 
  • Street Surface Paved 
  • Roof Built-Up, Membrane 
  • Siding Brick, Shake 
  • Foundation Slab 
  • Outbuildings Shed 
  • Total Square Feet 2,652 
  • Year Built 1930 
  • Lot Acres 0.17 
  • Frontage Highway 
  • Zoning TVC - Taft Village Core 
  • Water City, City Property 
  • Sewer City Property 
  • Electric On Property 
  • Gas On Property 
  • Bank/Lender Owned No 
  • Seller's Terms 1031, Cash, Conventional Financing, FHA 
  • Price $499,000 
  • Tax Year 2019 
  • MLS Number 20-1506 
  • Phone Number (541) 265-8785 
  • Directions Highway 101 S to Taft to Building on the left. 

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