$1,150,000
Lincoln City, OR 97367
MLS# LC-86202
Status: Closed
5 baths | 10352 sqft
1 / 12
Property Description
Fully leased commercial rental property with 100% occupancy for past three years sitting on 1.59 acres with 240 feet of prime Hwy 101 frontage. Centrally located across from the city hall and between a fast food restaurant and a motel. Current tenants include restaurant, laundromat, pet groomer, dog day care, car wash and 5 storage units. Financials available to qualified buyers. Please contact listing agent.
Details
Maps
Status Change Information
Status Change Timestamp: 2019-04-12
Purchase Contract Date: 2018-12-24
Close Date: 2019-04-09
Close Price: 1150000
Lot
Lot Size Dimensions: Approx 240x430x350x187
Lot Size Acres: 1.59
Lot Size Square Feet: 69260.4
Waterfront YN: 1
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Building Type: Frame Building, Possession: COE, Lease Information: Listing Agent, Garage Spaces: 0, Frontage/View Remarks: 240 feet of Hwy 101 frontage, Sq Ft Remarks: Including car wash, Alternate Heat:
Building and Property Details
Building and Property Condition: Good
Exterior Color: Yellow
Construction Materials
T1-11 Type: 1
Flooring
Tile: 1
Foundation Details
Concrete Perimeter: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Other Structures
None: 1
Road Frontage Type
Highway: 1
Road Surface Type
Paved: 1
Roof
Metal: 1
Sewer
Public Sewer: 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
Additional Tax and Location Information
Highway 101: East Side
Property Tax ID #: R155876
Subdivision Block: NA
Subdivision Parcel/Lot: NA
Tax District: 402
Showing Requirements
Call Listing Office: 1
Historical Details
Historical MLS Number: 18-2428
Listing Information
Listing Association Name: Lincoln County BOR
Address
Street Number: 660
Street Direction Prefix: SE
Street Name: Hwy 101
County: Lincoln
State: OR
Postal Code: 97367
Directions: In the center of Lincoln City across Hwy 101 from City Hall and next door to Burger King.
Parcel Number: 071115DB-12200-00
Contract
Current Price: $1,150,000
Status: Closed
Begin Date: 2018-09-10
Sold Price: $1,150,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Tax Annual Amount: 15699.04
Tax Year: 2017
Zoning: GC - General Commercial
Tax Lot: 12200
Tax Map Number: 07-11-15DB
Interior
Living Area: 10352
Bathrooms Total: 5
Building
Year Built: 1984
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Construction Materials: T1-11 Type
Flooring: Tile
Foundation Details: Concrete Perimeter
Levels: One
Listing Terms: Cash; Conventional
Other Structures: None
Road Frontage Type: Highway
Road Surface Type: Paved
Roof: Metal
Sewer: Public Sewer
Water Source: Public
Showing Requirements: Call Listing Office
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.