Lincoln City, OR 97367,1517 SW HIGHWAY 101
Lincoln City, OR 97367,1517 SW HIGHWAY 101
Lincoln City, OR 97367,1517 SW HIGHWAY 101
20
Listed by Coldwell Banker Professional
Bought with Pinot Noir Properties
$1,550,000
$1,700,000
8.8%
Est.Price: ?

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11,500 SqFt

1517 SW HIGHWAY 101 Lincoln City, OR 97367

Est. payment /mo
SOLD DATE : 08/07/2023

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Key Details

Sold Price $1,550,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 11,500 sqft

Price per Sqft $134

MLS Listing ID 23165531

Sold Date 08/07/23

Year Built 2004

Annual Tax Amount $2,336

Tax Year 2022

Lot Size 0.270 Acres

Property Description

This property located in SW Lincoln City is a commercial building with a great location on Highway 101. The building is zoned General Commercial and has been operating as a retail/warehouse space for many years. It offers approximately 11,500 square feet of space with many desirable features including two large roll up doors that accommodate full size delivery trucks. The warehouse area has ceiling heights ranging from 14 feet to 22 feet, providing ample vertical space for storage and operations. The open and easy access retail space occupies approximately 5,549 square feet, while the warehouse space is approximately 3,783 square feet. Additionally, there are two office spaces, two bathrooms, a break room, and a kitchen area.The property also includes two workshops and an additional loft storage space of approximately 1,000 square feet. Please note that the business and inventory are not included in the sale of the property. However, with city approval, it is possible to divide the space for multiple users or retailers. If you are interested in viewing the property, showings are by appointment only. It's important not to disturb the current tenants during business hours. Showings can be scheduled after hours or anytime on Sundays.

Location

State OR

County Lincoln

Area _200

Zoning GC

Interior

Heating Forced Air

Exterior

Garage Spaces 15.0

View Y/N false

Roof Type Metal

Garage No

Building

Sewer Public Sewer

Water Community

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

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agent

John Madding

Principal Broker | License ID: 201220304

+1(503) 724-2245

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