2125 Nw Highway 101

2125 Nw Highway 101, Lincoln City, OR

$750,000

Price

3,534 sqft

Building Size

0.11 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
3,534 sqft
Lot Area
0.11 acres
Year Built
1950
Zoning
GC
MlsNumber
24621878
Description

Hwy 101 on the west side between NW 21st & 22nd.

Commercial - Lincoln City, OR

Welcome to a remarkable opportunity in the heart of NW Lincoln City! This commercial gem boasts an impressive 95 feet of highway frontage, perfectly positioning it on the west side for unparalleled visibility and convenience. With ample off-street parking, this remodeled building, upgraded in 2021, presents an enticing investment opportunity. Zoned as General Commercial and currently operating as a retail store, this property offers numerous desirable features including two expansive roll-up doors, ample storage space, and the potential for income generation through short-term or full-time rentals. The lower level's charming apartment setup adds to its appeal, making it a perfect live-work space or an attractive rental option. Intriguingly, this property offers a "BOGO" opportunity: run a business on the upper level while living in or renting out the lower, or expand your business operations with ease. With its superb condition, open layout, and convenient access to retail space, this commercial building is poised to accommodate a variety of ventures seamlessly. It's important to note that while the business and inventory are not included in the property sale, the furnishings in the apartment can remain, adding an extra layer of convenience for prospective buyers. For those eager to explore this exceptional property, showings are available by appointment only, ensuring a smooth process without disrupting the current tenants during business hours. Buyer to do their own due diligence with the Lincoln City planning department to verify uses.

Highlights
  • Tax Roll Number: R34579
  • Annual Tax: $ 3934.58
  • Heating Type: Other
  • Exterior Description: Other
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Listing ID: d561c3ba-ffd6-43db-9835-4389e05f4b5d
Location
Gallery