1330 NE HIGHWAY 101 Active Save Request In-Person Tour Request Virtual Tour
Lincoln City,OR 97367
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