$650,000
Depoe Bay, OR 97341
MLS# LC-102365
Status: Closed
4 baths | 5220 sqft
1 / 61
Property Description
A unique and versatile commercial property in the heart of Depoe Bay. This building features a recently renovated upstairs apartment area and a spacious downstairs area previously set up as a restaurant. The upstairs apartment offers three bedrooms, two bathrooms, a laundry room, a living room with a gas fireplace, and a full kitchen. From the upstairs apartment, you can enjoy ocean views, making this space perfect for comfortable living or potential rental income. The downstairs commercial space, formerly a restaurant, boasts an open floor plan, two bathrooms, four walk-in coolers, a large commercial cooking hood, two hot water heaters, and a display refrigerator. With harbor views from the first floor, this space is ideal for new commercial ventures.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2025-04-24
Purchase Contract Date: 2025-02-20
Close Date: 2025-04-24
Close Price: 650000
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Interior
Furnished: Furnished
Living Area: 5220
Bathrooms Total: 4
Building
Year Built Details: Remodeled 2024
Year Built: 1945
Lot
Lot Size Dimensions: 90x56
Accessory Dwelling Unit YN: Yes
View YN: Yes
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Waterfront YN: 1
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Building Type: Commercial, Possession: Negotiable, Range/Oven: Gas, Specially Assessed: Y, Garage Spaces: 0, Inclusions: Inventory, Alternate Heat:
Accessory Dwelling Unit Information
ADU Bedrooms: 3
Appliances
Dishwasher: 1
Water Heater: 1
Building and Property Details
Exterior Color: Brown
Washer/Dryer Type: Electric
Construction Materials
Cedar: 1
Flooring
Carpet: 1
Vinyl: 1
Foundation Details
Concrete Perimeter: 1
Heating
Forced Air: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lock Box Type
Combo: 1
Possession
Negotiable: 1
Road Frontage Type
Highway: 1
Road Surface Type
Paved: 1
Roof
Flat: 1
Sewer
Public Sewer: 1
Water Body Type
Ocean: 1
Water Heater
Gas: 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
Rental: 1
Residential: 1
Restaurant: 1
Retail: 1
Additional Tax and Location Information
Additional Tax ID #s: R267081
Highway 101: East Side
Neighborhood Code: D116
Property Tax ID #: R269461
Tax District: 413
Tax Remarks: two tax accounts included are R269461 and R267081
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Call Listing Office: 1
Lockbox: 1
Historical Details
Historical MLS Number: 24-2212
Listing Information
Listing Association Name: Lincoln County BOR
Address
Street Number: 272
Street Direction Prefix: S
Street Name: Hwy 101
County: Lincoln
State: OR
Postal Code: 97341
Directions: Property located on the east side of Highway 101 at the south end of Depoe Bay.
Cross Street: Highway 101
Parcel Number: 091108BA-6300-00
Contract
Current Price: $650,000
Status: Closed
Begin Date: 2024-10-07
Sold Price: $650,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: N/A
Tax Annual Amount: 4312.04
Tax Year: 2024
Zoning: C-1 Commercial
Tax Lot: 6300
Tax Map Number: 091108BA
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Appliances: Dishwasher; Water Heater
Business Type: Rental; Residential; Restaurant; Retail
Construction Materials: Cedar
Flooring: Carpet; Vinyl
Foundation Details: Concrete Perimeter
Heating: Forced Air
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional
Lock Box Type: Combo
Possession: Negotiable
Road Frontage Type: Highway
Road Surface Type: Paved
Roof: Flat
Sewer: Public Sewer
Water Body Type: Ocean
Water Heater: Gas
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent; Call Listing Office; Lockbox
Supplements
Buyer to check with Depoe Bay Planning Department for approved uses. This property is perfect for entrepreneurs and investors looking for a prime location with excellent potential. Call to schedule your showing today! All sales agreements must use the attached Limited waiver of Sovereign Immunity. Portion of the building was originally built in 1928.
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.