$695,000
Lincoln City, OR 97367
MLS# LC-100382
Status: Closed
1.5 baths | 3534 sqft
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Property Description
Welcome to a remarkable opportunity in the heart of NW Lincoln City! This commercial gem boasts an impressive 95 feet of highway frontage, perfectly positioning it on the west side for unparalleled visibility and convenience. With ample off-street parking, this remodeled building, upgraded in 2021, presents an enticing investment opportunity. Zoned as General Commercial and currently operating as a retail store, this property offers numerous desirable features including two expansive roll-up doors, ample storage space, and the potential for income generation through short-term or full-time rentals. The lower level's charming apartment setup adds to its appeal, making it a perfect live-work space or an attractive rental option.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2024-10-01
Purchase Contract Date: 2024-08-13
Close Date: 2024-10-01
Close Price: 695000
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Interior
Furnished: Furnished
Living Area: 3534
Bathrooms Total: 1.5
Building
Year Built Details: Remodeled 2021
Year Built: 1950
Lot
Accessory Dwelling Unit YN: Yes
Lot Size Acres: 0.11
Lot Size Square Feet: 4791.6
Waterfront YN: 1
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Building Type: Block, Possession: COE, Range/Oven: Electric, Specially Assessed: n, Garage Spaces: 1, Frontage/View Remarks: 95' of hwy 101 frontage, Alternate Heat:
Accessory Dwelling Unit Information
ADU Bedrooms: 1
Appliances
Microwave: 1
Refrigerator: 1
Water Heater: 1
Building and Property Details
Building and Property Condition: Good
Exterior Color: White
Construction Materials
Block: 1
Flooring
Carpet: 1
Vinyl: 1
Wood: 1
Foundation Details
Slab: 1
Heating
Electric: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Submit: 1
Other Structures
None: 1
Parking Features
Attached Garage: 1
Possession
Close Of Escrow: 1
Road Frontage Type
Highway: 1
Road Surface Type
Paved: 1
Roof
Flat: 1
Membrane: 1
Other: 1
Sewer
Public Sewer: 1
Water Heater
Electric: 1
Water Source
Public: 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
Other: 1
Additional Tax and Location Information
Highway 101: West Side
Neighborhood Code: L116
Property Tax ID #: R34579
Subdivision Block: 2
Subdivision Parcel/Lot: 1
Subdivision Phase/Addition: 1
Tax District: 402
Showing Requirements
Appointment Only: 1
Historical Details
Historical MLS Number: 24-281
Listing Information
Listing Association Name: Lincoln County BOR
Address
Street Number: 2125
Street Direction Prefix: NW
Street Name: Hwy 101
County: Lincoln
State: OR
Postal Code: 97367
Directions: Hwy 101 on the west side between NW 21st & 22nd.
Cross Street: NW 21st
Parcel Number: 071110AD-3000-00
Contract
Current Price: $695,000
Status: Closed
Begin Date: 2024-02-16
Sold Price: $695,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Ocean Lake
Tax Annual Amount: 3934.58
Tax Year: 2023
Zoning: GC - General Commercial
Tax Lot: 3000
Tax Map Number: 071110AD
Parking Information
Garage YN: 1
Parking Total: 4
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Appliances: Microwave; Refrigerator; Water Heater
Business Type: Other
Construction Materials: Block
Flooring: Carpet; Vinyl; Wood
Foundation Details: Slab
Heating: Electric
Levels: Two
Listing Terms: Cash; Conventional; Submit
Other Structures: None
Parking Features: Attached Garage
Possession: Close Of Escrow
Road Frontage Type: Highway
Road Surface Type: Paved
Roof: Flat; Membrane; Other
Sewer: Public Sewer
Water Heater: Electric
Water Source: Public
Showing Requirements: Appointment Only
Supplements
Intriguingly, this property offers a "BOGO" opportunity: run a business on the upper level while living in or renting out the lower, or expand your business operations with ease. With its superb condition, open layout, and convenient access to retail space, this commercial building is poised to accommodate a variety of ventures seamlessly. It's important to note that while the business and inventory are not included in the property sale, the furnishings in the apartment can remain, adding an extra layer of convenience for prospective buyers. For those eager to explore this exceptional property, showings are available by appointment only, ensuring a smooth process without disrupting the current tenants during business hours. Buyer to do their own due diligence with the Lincoln City planning department to verify uses.
Plat Map - Public Listing Office: Coldwell Banker Professional Group - Lincoln City
Office Email: douglas.caye@coldwellbanker.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.