$1,150,000
Lincoln City, OR 97367
MLS# LC-97632
Status: Closed
2 baths | 8429 sqft
1 / 63
Property Description
The seller will consider offers between $1,295,000 to $1,494,876. This landmark iconic property has been a visitor and local favorite for decades, and now it can be yours! 6149 sq ft Restaurant/gift shop, seating for approx. 200, large meeting room, huge kitchen, 10' to 16' ceilings, Generac Rescue Generator, loads of storage, rebuilt in 2003. Also has a residential 4 bdrm/2 bath duplex w/an attached tandem dbl garage/shop and an addn'l detached dbl garage in back. Parking for 66 vehicles. Includes the Business, ABN, social media and restaurant equipment, signs and statuary. Gift shop inventory can be purchased separately. Exclude personal property in shops.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2023-04-03
Price Change Timestamp: 2023-02-02T16:33:24Z
Purchase Contract Date: 2023-02-17
Close Date: 2023-04-03
Close Price: 1150000
Tax & Legal
Business Name: Lil' Sambos Restaura
CC&R's: No
Currently Not Used
Association YN: No
Building
Year Built Details: 1984 Duplex/2002 Res
Year Built: 2002
Lot
Lot Size Dimensions: Irregular
Accessory Dwelling Unit YN: Yes
Lot Size Acres: 1.21
Lot Size Square Feet: 52707.6
Waterfront YN: 1
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Building Type: Restaurant/stick blt, Possession: Negotiable, Range/Oven: Electric, Garage Spaces: 2, Garage Remarks: Tandem 2 car, Sellers Terms: Free and Clear, Frontage/View Remarks: 160 feet of highway frontage, Iconic Restaurant since the 1960's, Sq Ft Remarks: Rest, Duplex, Shop, Exclusions: Retail Inven. & PP, Inclusions: Restaurant equipment, Ceiling Height: 16' to 10', Alternate Heat:
Accessory Dwelling Unit Information
ADU Bedrooms: 4
Appliances
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Water Heater: 1
Building and Property Details
Building and Property Condition: Good
Exterior Color: Yellow/White
Maximum Ceiling Height: 16
Washer/Dryer Type: Electric
Construction Materials
Concrete: 1
T1-11 Type: 1
Cooling
Gas: 1
Central Air: 1
Flooring
Carpet: 1
Tile: 1
Foundation Details
Concrete Perimeter: 1
Heating
Natural Gas: 1
Central: 1
Forced Air: 1
Levels
One: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Other Structures
Shed(s): 1
Workshop: 1
Parking Features
Attached Garage: 1
Possession
Negotiable: 1
Road Frontage Type
Highway: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Membrane: 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Water Heater
Electric: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 896270
Business Details
ABN Included: 1
ABN Remarks: Included in sale
Non-Comp Remarks: Will sign
UCC Filing Required: No
Equip/FF Incl Y/N: Yes
List Available Y/N: Yes
Inventory Included Y/N: Yes
MDSE/Supp Included Y/N: No
Business Type
Gift Shop: 1
Residential: 1
Restaurant: 1
Additional Tax and Location Information
Highway 101: East Side
Neighborhood Code: L116
Property Tax ID #: R264003
Tax District: 402
Tax Remarks: Current real market value is $2,144,350.
Showing Requirements
24 Hour Notice: 1
Call Listing Office: 1
Historical Details
Historical MLS Number: 22-2302
Listing Information
Listing Association Name: Lincoln County BOR
Address
Street Number: 3262
Street Direction Prefix: NE
Street Name: Hwy 101
County: Lincoln
State: OR
Postal Code: 97367
Directions: Hwy 101, east side of the Hwy, can't miss the iconic Tiger!
Cross Street: 32nd
Parcel Number: 071102CC-900-00
Contract
Current Price: $1,150,000
Status: Closed
Begin Date: 2022-11-04
Sold Price: $1,150,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: N/A
Tax Annual Amount: 22366.74
Tax Year: 2022
Zoning: GC - General Commercial
Tax Lot: 900
Tax Map Number: 071102CC
Interior
Living Area: 8429
Bathrooms Total: 2
Parking Information
Garage YN: 1
Parking Total: 66
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Appliances: Dishwasher; Microwave; Refrigerator; Water Heater
Business Details: ABN Included
Business Type: Gift Shop; Residential; Restaurant
Construction Materials: Concrete; T1-11 Type
Cooling: Gas; Central Air
Flooring: Carpet; Tile
Foundation Details: Concrete Perimeter
Heating: Natural Gas; Central; Forced Air
Levels: One
Listing Terms: 1031 Exchange; Cash; Conventional
Other Structures: Shed(s); Workshop
Parking Features: Attached Garage
Possession: Negotiable
Road Frontage Type: Highway
Road Surface Type: Paved
Roof: Composition; Membrane
Sewer: Public Sewer
Water Heater: Electric
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Call Listing Office
Building Plans - Overall Listing Office: Taylor & Taylor Realty Company
Office Email: rebroker.geraldaldrich@gmail.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.