$700,000
Depoe Bay, OR 97341
MLS# LC-94550
Status: Closed
4470 sqft
1 / 7
Property Description
Fully occupied storage facility with highway frontage on the south end of the Depoe Bay strip in the highly desirable, high traffic area of this tourist destination. There is very limited storage space and industrial land in this region of the Oregon Coast and even more limited in the city of Depoe Bay. This turnkey business is extremely low maintenance and will be an immediate income producer, already boasting a nearly 8% CAP Rate even while the current pricing is below local market rates. Seller is a Licensed Real Estate Agent in the state of Oregon.
Details
Maps
Status Change Information
Status Change Timestamp: 2021-10-30
Purchase Contract Date: 2021-10-04
Close Date: 2021-10-29
Close Price: 700000
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Utilities
Electricity Available: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Building Type: Steel, Possession: COE, Primary View: Forest, Alternate Heat:
Building and Property Details
Building and Property Condition: New
Construction Materials
Other: 1
Foundation Details
Slab: 1
Levels
One: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Owner Will Carry: 1
Submit: 1
Possession
Close Of Escrow: 1
Road Frontage Type
Highway: 1
Road Surface Type
Paved: 1
Roof
Other: 1
Sewer
Public Sewer: 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
Industrial: 1
Storage: 1
Additional Tax and Location Information
Highway 101: East Side
Neighborhood Code: D166
Property Tax ID #: R455710
Tax District: 413
Showing Requirements
Call Listing Office: 1
Historical Details
Historical MLS Number: 21-2052
Listing Information
Listing Association Name: Lincoln County BOR
Address
Street Number: 520
Street Name: SE HWY 101
County: Lincoln
State: OR
Postal Code: 97341
Directions: South of the bridge. Just North of the Shell station on the Eastside of the HWY.
Parcel Number: 091108BD-8400-00
Contract
Current Price: $700,000
Status: Closed
Begin Date: 2021-08-20
Sold Price: $700,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Depoe Bay
Tax Annual Amount: 840.82
Tax Year: 2020
Zoning: L-1 Light Industrial
Tax Lot: 8400
Tax Map Number: 091108BD
Interior
Living Area: 4470
Building
Year Built: 2020
Lot
Lot Size Acres: 0.17
Lot Size Square Feet: 7405.2
Waterfront YN: 1
Property Features
Utilities: Electricity Available; Water Available; Electricity Available; Water Available
Business Type: Commercial; Industrial; Storage
Construction Materials: Other
Foundation Details: Slab
Levels: One
Listing Terms: 1031 Exchange; Cash; Owner Will Carry; Submit
Possession: Close Of Escrow
Road Frontage Type: Highway
Road Surface Type: Paved
Roof: Other
Sewer: Public Sewer
Showing Requirements: Call Listing Office
Listing Office: Keller Williams Capital City, Oregon Coast
Office Email: tammysue@kw.com
Last Updated: December - 12 - 2025
Information deemed reliable but not guaranteed.