$1,900,000
Depoe Bay, OR 97341
MLS# LC-98043
Status: Closed
11 baths | 12562 sqft
1 / 60
Property Description
Commercial Space & Residential Income property with UPSIDE POTENTIAL in the heart of Depoe Bay! Located on a corner lot with excellent exposure. Grandiose street level commercial space that could be divided into two stores, each with a separate entrance. HUGE attached multi-level warehouse with conveyor to store for easy access to inventory. SIX OCEAN VIEW Apartments above commercial space that could be converted to nightly rental units! Plenty of off-street parking, including a separate lot designated for that use. Depoe Bay is brimming with tourism. Whale Watching, Sport fishing, fine dining, shopping & oceanfront paths in this fun little City. Don't miss a once-in-a-lifetime opportunity to own one of the most desirable commercial properties on the Oregon Coast! Shown by appointment.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2023-04-26
Purchase Contract Date: 2023-03-09
Close Date: 2023-04-26
Close Price: 1900000
Tax & Legal
Business Name: Paradise Gifts & Inn
CC&R's: No
Currently Not Used
Association YN: No
Lot
Lot Size Dimensions: irregular
Accessory Dwelling Unit YN: Yes
View 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: Fire Sprinklers: Fire suppression sys, Building Type: Commercial & Apartme, Possession: COE, Specially Assessed: 0, Garage Remarks: Warehouse/Garages, Sq Ft Remarks: includes apartments, Alternate Heat:
Accessory Dwelling Unit Information
ADU Bedrooms: 7
Building and Property Details
Building and Property Condition: good
Construction Materials
Other: 1
Foundation Details
Combination: 1
Heating
Electric: 1
Natural Gas: 1
Levels
Multi/Split: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Parking Features
Attached Garage: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Road Frontage Type
Highway: 1
Road Surface Type
Paved: 1
Roof
Flat: 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Water Body Type
Ocean: 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
Commercial: 1
Gift Shop: 1
Rental: 1
Residential: 1
Retail: 1
Warehouse: 1
Additional Tax and Location Information
Additional Tax ID #s: R201141, R506649, R158314
Highway 101: East Side
Neighborhood Code: D116
Property Tax ID #: R205776
Tax District: 403
Tax Remarks: Taxes for four tax parcels
Showing Requirements
Appointment Only: 1
Historical Details
Historical MLS Number: 23-221
Listing Information
Listing Association Name: Lincoln County BOR
Address
Street Number: 4
Street Name: US-101
County: Lincoln
State: OR
Postal Code: 97341
Directions: Corner of Hwy. 101 & E. Collins in the heart of the City of Depoe Bay
Cross Street: E. Collins St.
Parcel Number: 091105CD-5600-00
Contract
Current Price: $1,900,000
Status: Closed
Begin Date: 2023-02-13
Sold Price: $1,900,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Depoe Bay
Tax Annual Amount: 18564.14
Tax Year: 2022
Zoning: C-1 Commercial
Tax Lot: 5600
Tax Map Number: 091105CD
Interior
Living Area: 12562
Bathrooms Total: 11
Parking Information
Garage YN: 1
Building
Year Built: 1996
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Business Type: Commercial; Gift Shop; Rental; Residential; Retail; Warehouse
Construction Materials: Other
Foundation Details: Combination
Heating: Electric; Natural Gas
Levels: Multi/Split
Listing Terms: 1031 Exchange; Cash; Conventional
Parking Features: Attached Garage
Possession: Close Of Escrow; Subject To Tenant Rights
Road Frontage Type: Highway
Road Surface Type: Paved
Roof: Flat
Sewer: Public Sewer
Water Body Type: Ocean
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only
Property Profile Listing Office: Emerald Coast Realty - Yachats
Office Email: pammugleston@gmail.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.