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2600 NE Hwy 101

Lincoln City, OR 97367
  • $1,295,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 24-1005
UPDATED: 171 min ago
$1,295,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 1
    1/2 BATHS
  • 7,558
    SQFT
  • $171
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1971
County:
Area:

School Ratings & Info

Description

Two large Commercial Buildings centrally located on Hwy 101 with 100 ft of Hwy frontage on almost a half acre lot. These buildings have great visibility from both south and north traffic and have plenty of paved parking on site. One building (#2604) has 3 individual units of which one is currently tenant occupied. The other building (2600) has 4 individual units. 100% occupancy as of June 1st.

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© 2024 Lincoln County Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ladd Group, Cascade Sotheby's International Realty. Data last updated: 2024-06-15T23:36:08.51.
www.bendpropertysource.com/homes/150561849
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2600 NE Hwy 101 Lincoln City, OR 97367

  • Price: $1,295,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 171 min ago
  • MLS #: 24-1005
0
Beds
0
Baths
1
½ Baths
0.46
Acres
7,558
SQFT
$171
$/SQFT
1971
Built
Neighborhood:
Lincoln City
County:
Lincoln
Area:
Lincoln City
Property Description
Two large Commercial Buildings centrally located on Hwy 101 with 100 ft of Hwy frontage on almost a half acre lot. These buildings have great visibility from both south and north traffic and have plenty of paved parking on site. One building (#2604) has 3 individual units of which one is currently tenant occupied. The other building (2600) has 4 individual units. 100% occupancy as of June 1st.
Exterior Features

External Features Parking Spaces 16.00 Foundation Brick/MortarCombinationConcrete Perimeter Frontage Highway General Info Exterior Color Grey Levels One and One Half Outbuildings None Primary View Mountain Roof Composition Secondary View Ocean Siding Lap Street Surface Paved

Interior Features

Ceiling Vaulted Cooling Window/Wall Unit Flooring Wood Heating Cooling Forced Air Internal Features Water Heater None

Property Features

3rd Party Approval No Bank Lender Owned No Building Water City Business Description AccountingAdministrative and SupportConstruction/ContractorConvenience StoreMixedOffice SupplyPaintsProfessional ServiceUtility CCAnd Rs Yes Cross Street Highway 101 Electric At Street Expense Expenses 22760 Gas On Property Income Gross Income 138000.00 Income Net Operating Income 115240 Sellers Terms CashConventionalVA Sewer City Street Short Sale No Taxes 14969.96 Water Public Zoning GC - General Commercial

© 2024 Lincoln County Multiple Listing Service, Inc. All rights reserved. Listing provided courtesy of DORE: .


© 2024 Lincoln County Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ladd Group, Cascade Sotheby's International Realty. Data last updated: 2024-06-15T23:36:08.51.
 
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Ladd Group, Cascade Sotheby's International Realty
650 SW Bond St, Suite 100
Bend OR, 97702