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Listed by Taylor & Taylor Realty Co. • 541-994-9111
$990,000
Est. payment /mo
6,534 Sqft Lot
Active
1330 NE HIGHWAY 101 Lincoln City, OR 97367
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 428896985
Year Built 1950
Annual Tax Amount $4,838
Tax Year 2024
Lot Size 6,534 Sqft
Property Sub-Type Commercial
Property Description
PRICE SLASHED! Motivated owner! This is a rare opportunity to acquire a fully operational & successful restaurant/lounge Lincoln City's most central and high-traffic locations in downtown Oceanlake District with 52 feet of prime Highway 101 frontage. Building was fully remodeled in 2023 and has 2,524 sq ft facility w/both indoor & outdoor seating, as well as on-site and off-site parking. Furnishings negotiable. The sale is subject to an ingress/egress easement with the adjacent property to to the North for shared parking to be completed prior to closing.Seller is offering 90 days of training and operational coaching to ensure a smooth transition. Financials available to qualified buyers with proof of funds or lender pre-qualification. Shown by appointment only.The adjacent property is also available for purchase. Check with your agent for details.
Location
State OR
County Lincoln
Area _200
Zoning OP-MSH
Interior
Heating Heat Pump
Cooling Heat Pump
Equipment Furniture
Exterior
Roof Type Membrane
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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