$2,042,834
Otis, OR 97368
MLS# LC-98166
Status: Closed
3.5 baths | 20049 sqft
1 / 30
Property Description
This is a fantastic opportunity to own commercial acreage zoned for multiple uses known as the Downtown Otis Business District! This property consists of a total of 184.8 acres. 2 rental houses, a barn with 19 stalls, dispensary, pizzeria, gas station, post office, Coffee shop is tenant owned (on land lease), fishing club, horse pasture, seasonal farmers market, grange hall, café (in process of rebuild from fire). Property has a gross income of $216,879 in 2022 with several long term tenants in place. Otis is located just a ten minute drive from the gorgeous central Oregon Coast with miles of Sandy beaches. Please do not disturb tenants, no showings without an acceptable offer.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2024-06-05
Price Change Timestamp: 2023-06-02T18:42:41Z
Purchase Contract Date: 2023-05-23
Close Date: 2024-06-05
Close Price: 2042834
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Interior
Furnished: Unfurnished
Living Area: 20049
Bathrooms Total: 3.5
Building
Year Built Details: Multiple buildings
Year Built: 1949
Lot
Accessory Dwelling Unit YN: Yes
View YN: Yes
Lot Size Acres: 184.38
Lot Size Square Feet: 8031592.8
Waterfront YN: 1
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Building Type: Multiple Buildings, Possession: Possession, Range/Oven: Electric, Primary View: Forest, Specially Assessed: 0, Sq Ft Remarks: Multiple buildings, Alternate Heat:
Accessory Dwelling Unit Information
ADU Bedrooms: 2
Appliances
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Water Heater: 1
Building and Property Details
Building and Property Condition: Fair
Washer/Dryer Type: Electric
Construction Materials
Cedar: 1
Flooring
Carpet: 1
Tile: 1
Other: 1
Foundation Details
Concrete Perimeter: 1
Heating
Forced Air: 1
Levels
One: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Owner Will Carry: 1
Submit: 1
Other Structures
Barn(s): 1
Parking Features
Detached Garage: 1
Possession
Negotiable: 1
Subject To Tenant Rights: 1
Road Frontage Type
Highway: 1
Road Surface Type
Dirt: 1
Gravel: 1
Paved: 1
Roof
Built-Up: 1
Composition: 1
Flat: 1
Sewer
Septic Tank: 1
Water Body Type
River: 1
Water Heater
Electric: 1
Water Source
Well: 1
Business Details
Equip/FF Incl Y/N: No
List Available Y/N: No
Inventory Included Y/N: No
MDSE/Supp Included Y/N: No
Business Type
Agriculture: 1
Convenience Store: 1
Farm: 1
Food & Beverage: 1
Gas Station: 1
Health Services: 1
Mixed: 1
Residential: 1
Retail: 1
Additional Tax and Location Information
Additional Tax ID #s: See additional parcels description
Highway 101: East Side
Neighborhood Code: R116
Property Tax ID #: R507428
Tax District: 493
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Historical Details
Historical MLS Number: 23-325
Listing Information
Listing Association Name: Lincoln County BOR
Address
Street Number: 1254
Street Name: Salmon River Highway
County: Lincoln
State: OR
Postal Code: 97368
Directions: Highway 101 to Highway 18. See signs.
Parcel Number: 06103000-801-00
Contract
Current Price: $2,042,834
Status: Closed
Begin Date: 2023-03-03
Sold Price: $2,042,834
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: N/A
Tax Annual Amount: 16258.25
Tax Year: 2023
Zoning: C-1 Commercial
Tax Lot: 801
Tax Map Number: 06103000
Parking Information
Garage YN: 1
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Appliances: Dishwasher; Microwave; Refrigerator; Water Heater
Business Type: Agriculture; Convenience Store; Farm; Food & Beverage; Gas Station; Health Services; Mixed; Residential; Retail
Construction Materials: Cedar
Flooring: Carpet; Tile; Other
Foundation Details: Concrete Perimeter
Heating: Forced Air
Levels: One
Listing Terms: 1031 Exchange; Cash; Conventional; Owner Will Carry; Submit
Other Structures: Barn(s)
Parking Features: Detached Garage
Possession: Negotiable; Subject To Tenant Rights
Road Frontage Type: Highway
Road Surface Type: Dirt; Gravel; Paved
Roof: Built-Up; Composition; Flat
Sewer: Septic Tank
Water Body Type: River
Water Heater: Electric
Water Source: Well
Showing Requirements: Appointment Only; Call Listing Office
Plat Map - Public Listing Office: Taylor & Taylor Realty Company
Office Email: rebroker.geraldaldrich@gmail.com
Last Updated: December - 12 - 2025
Information deemed reliable but not guaranteed.