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4756 SW Hwy 101

Lincoln City, OR 97367
  • $499,000
  • STATUS: Active
  • ON SITE: 302 days
  • MLS #: 20-2071
$499,000
  • 2
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,652
    SQFT
  • $188
    $/SQFT
Neighborhood:
Na
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

Back on the Market by no fault of the property or sellers. Sellers are highly motivated and will entertain all offers. Come check out the successful business location on HWY 101 . 2 bed apartment upstairs renting for $1800/ Monthly currently rented with lease, and retail/office area currently for lease down stairs. Retail space is for lease at $2500/Monthly making this a highly desirable situation. Let the rent help you pay for the property. Highly visible location close to shops and the beach. 15 car parking lot can be built on for additional apartments or rental units. Call today to schedule your appointment to view the potential.

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© 2021 Lincoln County Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coho Realty. Data last updated: 2021-07-24T06:34:23.717.
www.cohorealtynw.com/homes/110371873
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4756 SW Hwy 101 Lincoln City, OR 97367

  • Price: $499,000
  • Status: Active
  • MLS #: 20-2071
2
Beds
2
Baths
0
½ Baths
0.17
Acres
2,652
SQFT
$188
$/SQFT
1930
Built
Neighborhood:
Na
County:
Lincoln
Area:
Lincoln City
Property Description
Back on the Market by no fault of the property or sellers. Sellers are highly motivated and will entertain all offers. Come check out the successful business location on HWY 101 . 2 bed apartment upstairs renting for $1800/ Monthly currently rented with lease, and retail/office area currently for lease down stairs. Retail space is for lease at $2500/Monthly making this a highly desirable situation. Let the rent help you pay for the property. Highly visible location close to shops and the beach. 15 car parking lot can be built on for additional apartments or rental units. Call today to schedule your appointment to view the potential.
Exterior Features

External Features Parking Spaces 12.00 Foundation Slab Frontage Highway Levels One Outbuildings Shed Primary View None Roof Membrane Secondary View Bay Siding CedarShakeShingle Street Surface Paved

Interior Features

Building Handicap Access Yes Ceiling Flat Flooring VinylWood Heating Ductless Heat Pump Internal Features DishwasherMicrowave Internal Features Range Oven Gas Internal Features Washer Dryer Electric Internal Features Water Heater Gas Walls Paint

Property Features

3rd Party Approval No Association No Bank Lender Owned No Business Business Name The Cbd Spot Business Description Health Services Business Equip FFIncl YN Yes Business Inventory Incl YN Yes Business List Avail YN Yes CCAnd Rs No Electric On Property Expense Financials Available Gas On Property General Info Building Type Commercial General Info Condition Good General Info Possession Coe Hwy101 East Side Income Net Operating Income 120000.00 Sellers Terms 1031CashConventional Sewer City Short Sale No Tax Year 2019 Taxes 3440.80 Water Public Zoning Tvc - Taft Village Core

© 2021 Lincoln County Multiple Listing Service, Inc. All rights reserved.


© 2021 Lincoln County Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coho Realty. Data last updated: 2021-07-24T06:34:23.717.
 
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Coho Realty
500 Liberty St SE, Suite 410
Salem OR, 97301