Bought with Pinot Noir Properties
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1517 SW HIGHWAY 101 Lincoln City, OR 97367
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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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