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2125 Nw Highway 101Lincoln City, OR 97367Price: $750,000

  • Price: $750,000
  • 201 Days on Market
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Federal 30-year interest rate: 6.35% last updated on Sep 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $750,000List Price
  • 0.11Acreage
  • 3,534Square Feet
Listed by Hannah Katz of Coldwell Banker Professional
Pending

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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.

Property Details of 2125 Nw Highway 101

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Based on information submitted to OR_RMLS_WEB_API as of September 8, 2024 6:42 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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