$970,000
Toledo, OR 97391
MLS# LC-96904
Status: Closed
5 baths | 1 sqft
1 / 12
Property Description
Investment opportunity on Light Industrial zoned acreage. This property includes three residential homes, a car wash, a commercial building occupied by a trucking company, land only where the Napa store resides, and land only where a logging company resides. Light Industrial zoning offers many options for a new owner. Buyers to perform due diligence regarding property uses. Please do not disturb tenants. Businesses are not for sale, land and some buildings only for sale.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2022-12-20
Purchase Contract Date: 2022-08-05
Close Date: 2022-12-20
Close Price: 970000
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Building
Year Built Details: Varies, multi-prop.
Year Built: 2003
Lot
View YN: Yes
Lot Size Acres: 6.74
Lot Size Square Feet: 293594.4
Waterfront YN: 1
Utilities
Electricity Connected: 1
Natural Gas Not Available: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Building Type: Comm. & Residential, Possession: Sub. Tenants Rights, Lease Information: month-to-month, Alternate Heat:
Building and Property Details
Building and Property Condition: Resale
Construction Materials
T1-11 Type: 1
Foundation Details
Concrete Perimeter: 1
None: 1
Permanent: 1
Heating
Electric: 1
Levels
One: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Possession
Negotiable: 1
Subject To Tenant Rights: 1
Road Frontage Type
Highway: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Water Body Type
River: 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
Auto Parts: 1
Auto Repair-Specialty: 1
Car Wash: 1
Industrial: 1
Residential: 1
Retail: 1
Other: 1
Additional Tax and Location Information
Additional Tax ID #s: Tract 1, Tract 2, Tract 3, Tract 4 per survey.
Highway 101: East Side
Neighborhood Code: T267
Property Tax ID #: R120355
Tax District: 203
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Office: 1
Historical Details
Historical MLS Number: 22-1553
Listing Information
Listing Association Name: Lincoln County BOR
Address
Street Number: 847
Street Direction Prefix: NW
Street Name: 5th
Street Suffix: Street
County: Lincoln
State: OR
Postal Code: 97391
Directions: Upon entering Toledo from Highway 20, Dairy Queen entrance, turn onto Toledo Highway 20. Follow Toledo Highway 20 to NW Bay Blvd. Property is located on right-hand side, between Bay Blvd and NW 5th Street.
Cross Street: Highway 20
Parcel Number: 111007DC-4600-00
Contract
Current Price: $970,000
Status: Closed
Begin Date: 2022-07-20
Sold Price: $970,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Tax Annual Amount: 7178
Tax Year: 2021
Zoning: L-1 Light Industrial
Tax Lot: 4600
Tax Map Number: 111007DC
Interior
Living Area: 1
Bathrooms Total: 5
Income and Expenses
Insurance Expense: 3446
Maintenance Expense: 1125
Net Operating Income: 22500
Other Expense: 1510
Property Features
Utilities: Electricity Connected; Natural Gas Not Available; Water Available; Electricity Connected; Natural Gas Not Available; Water Available
Business Type: Auto Parts; Auto Repair-Specialty; Car Wash; Industrial; Residential; Retail; Other
Construction Materials: T1-11 Type
Foundation Details: Concrete Perimeter; None; Permanent
Heating: Electric
Levels: One
Listing Terms: 1031 Exchange; Cash; Conventional
Possession: Negotiable; Subject To Tenant Rights
Road Frontage Type: Highway
Road Surface Type: Paved
Roof: Composition
Sewer: Public Sewer
Water Body Type: River
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Office
Survey - 2018 Listing Office: Taylor & Taylor Realty Company
Office Email: rebroker.geraldaldrich@gmail.com
Last Updated: December - 12 - 2025
Information deemed reliable but not guaranteed.