, Lincoln City, OR 97367 (MLS# LC-31112)


$1,050,000
Lincoln City, OR 97367
MLS# LC-31112
Status: Closed
40 baths  |  21056 sqft


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Property Description
Incredible Potential! Prime location across the street from the Bay this established 40 unit motel is in the heart of the newly renovated Taft bayfront. Views from almost every room this motel was remodeled and new rooms added in 1990. Turn key operation. Owner has priced well below assessed value! Call for appointment to view and for more information.

Details
Status Change Information
Status Change Timestamp: 2003-06-30
Price Change Timestamp: 2003-01-20T22:17:03Z
Purchase Contract Date: 2003-04-11
Close Date: 2003-06-25
Close Price: 1050000
Contingency: Accepting Backup Offers
Interior
Furnished: Furnished
Living Area: 21056
Bathrooms Total: 40
Building
Year Built Details: remodel 1990
Year Built: 1925
Lot
Lot Size Dimensions: 0.0
Accessory Dwelling Unit YN: Yes
View YN: Yes
Utilities
Electricity Available: 1
Natural Gas Available: 1
Remarks
Lincoln Public Historical Details: Heating/Cooling: Electric, Building Type: frame, Possession: nego, Sewer: City, Walls: Paint, Business Description: motel, Inclusions: several tax lotscall, Alternate Heat:
Accessory Dwelling Unit Information
ADU Bedrooms: 40
Appliances
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Water Heater: 1
Building and Property Details
Building and Property Condition: good
Exterior Color: blue
Construction Materials
T1-11 Type: 1
Flooring
Carpet: 1
Foundation Details
Combination: 1
Heating
Electric: 1
Levels
Multi/Split: 1
Listing Terms
Cash: 1
Conventional: 1
Submit: 1
Other Structures
Shed(s): 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Water Body Type
Bay: 1
Ocean: 1
Water Heater
Gas: 1
Business Details
ABN Included: 1
Non-Comp Agreement: 1
UCC Filing Required: Yes
Equip/FF Incl Y/N: Yes
List Available Y/N: Yes
Inventory Included Y/N: Yes
MDSE/Supp Included Y/N: Yes
Additional Tax and Location Information
Subdivision Block: 6
Subdivision Parcel/Lot: 2-6
Tax District: 412
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Historical Details
Historical MLS Number: 02-2232
Listing Information
Listing Association Name: Lincoln County BOR
Address
County: Lincoln
State: OR
Postal Code: 97367
Directions: Hwy 101 SOuth to SW 51st Street turn West to address just past the Famous Moe's restaurant.
Cross Street: Hwy 101
Contract
Current Price: $1,050,000
Status: Closed
Begin Date: 2002-07-23
Sold Price: $1,050,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Taft
Tax Annual Amount: 22815.67
Tax Year: 2001
Zoning: RC - Recreational Commercial
Tax Lot: 7003900400042
Tax Map Number: 071134AB
Parking Information
Parking Total: 40
Property Features
Utilities: Electricity Available; Natural Gas Available; Electricity Available; Natural Gas Available
Appliances: Dishwasher; Microwave; Refrigerator; Water Heater
Business Details: ABN Included; Non-Comp Agreement
Construction Materials: T1-11 Type
Flooring: Carpet
Foundation Details: Combination
Heating: Electric
Levels: Multi/Split
Listing Terms: Cash; Conventional; Submit
Other Structures: Shed(s)
Road Surface Type: Paved
Roof: Composition
Water Body Type: Bay; Ocean
Water Heater: Gas
Showing Requirements: Appointment Only; Call Listing Office

Listing Office: Taylor & Taylor Realty Company
Source MLS Verified

Office Email: rebroker.geraldaldrich@gmail.com

Last Updated: January - 23 - 2026

Information deemed reliable but not guaranteed.