Skip To Content

5111 SW Hwy 101

Lincoln City, OR 97367
  • $699,000
  • STATUS: Active
  • ON SITE: 272 Days
  • MLS #: 22-1
$699,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 6,702
    SQFT
  • $104
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

LOCATION, LOCATION, LOCATION -HISTORIC TAFT/HIGHWAY 101 FRONTAGE! Welcome to this prime commercially (TVC) zoned property, just over a quarter acre on the corner of SW HWY 101 and SW 51st St. Historic Taft is home to many popular attractions and restaurants with access to both beach and bay just blocks away from this property. This large warehouse style building was once home to a successful paint shop - and now is rented as a storage space. Parking lot is included, which holds up to 8 vehicles - a goldmine in an area with very little off-street parking. TVC zoning allows for a plethora of uses - contact the City of Lincoln City to verify. TENANT OCCUPIED - 24 Hour Notice needed for all showings. Environmental/Inspection Report on file for qualified Buyers.

Monthly Payment Calculator



© 2022 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: 2022-09-30T23:35:31.613.
www.cohorealtynw.com/homes/124379438
Print Image

5111 SW Hwy 101 Lincoln City, OR 97367

  • Price: $699,000
  • Status: Active
  • On Site: 272 Days
  • MLS #: 22-1
0
Beds
1
Baths
0
½ Baths
0.28
Acres
6,702
SQFT
$104
$/SQFT
Neighborhood:
Taft
County:
Lincoln
Area:
Lincoln City
Property Description
LOCATION, LOCATION, LOCATION -HISTORIC TAFT/HIGHWAY 101 FRONTAGE! Welcome to this prime commercially (TVC) zoned property, just over a quarter acre on the corner of SW HWY 101 and SW 51st St. Historic Taft is home to many popular attractions and restaurants with access to both beach and bay just blocks away from this property. This large warehouse style building was once home to a successful paint shop - and now is rented as a storage space. Parking lot is included, which holds up to 8 vehicles - a goldmine in an area with very little off-street parking. TVC zoning allows for a plethora of uses - contact the City of Lincoln City to verify. TENANT OCCUPIED - 24 Hour Notice needed for all showings. Environmental/Inspection Report on file for qualified Buyers.
Exterior Features

External Features Parking Spaces 8.00 Foundation Concrete PerimeterPillar/Post/Pier Frontage Highway Frontage View Remarks On The Corner Of Highway 101 And Sw 51st St. in The Historic Taft District. Garage Remarks Off St. Parking Lot Garage Type None General Info Exterior Color Gray Levels One Primary View Bay Roof FlatRollled/Hot Mop Secondary View None Siding CedarLap Street Surface Paved

Interior Features

Alternate Heat None Ceiling Flat Flooring Vinyl Heating Baseboard Heating Fuel Heat Electric Internal Features Washer Dryer Electric Internal Features Water Heater Electric Walls Paint

Property Features

3rd Party Approval No Association No Bank Lender Owned No Business Description RetailWarehouse CCAnd Rs No Cross Street Sw 51st St. Electric On Property Gas On Property General Info Building Type Highway Frontage General Info Condition Average General Info Possession Negotiable Hwy101 West Side Sellers Terms 1031CashConventional Sewer City Short Sale No Tax Year 2021 Taxes 6354.83 Water City Zoning Tvc - Taft Village Core

© 2022 Lincoln County Multiple Listing Service, Inc. All rights reserved. Listing provided courtesy of Vacasa Real Estate Llc: .


© 2022 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: 2022-09-30T23:35:31.613.
 
https://bt-photos.global.ssl.fastly.net/lincolnco/1280_boomver_1_22-1-2.jpg https://bt-photos.global.ssl.fastly.net/lincolnco/1280_boomver_1_22-1-2.jpg https://bt-photos.global.ssl.fastly.net/lincolnco/1280_boomver_1_22-1-2.jpg
Logo
Coho Realty
500 Liberty St SE, Suite 410
Salem OR, 97301