4660 SE Highway 101
1,364 SF Retail Building Lincoln City, OR 97367 $525,000 ($384.90/SF)
EXECUTIVE SUMMARY
A notable restaurant property for sale in Lincoln City, Oregon, located at 4660 SE Highway 101. This 1,550-square-foot establishment is situated on 0.17 - acre lot. The property comes fully equipped with kitchen equipment, furniture, and fixtures, providing a turnkey opportunity for prospective buyers. This site is set up for Oregon Lottery operations, an excellent opportunity for an additional revenue stream. Lincoln City, Oregon, is a prime coastal destination known for its stunning ocean views, vibrant tourism industry, and a steady influx of visitors year-round. With a mix of permanent residents and a steady rotation of tourists, there's a demand for quality dining experiences.
Being near hotels, inns, and vacation rentals ensures a built-in customer base. Guests looking for a convenient dining option will naturally gravitate toward a well-postioned restaurant.
Being near hotels, inns, and vacation rentals ensures a built-in customer base. Guests looking for a convenient dining option will naturally gravitate toward a well-postioned restaurant.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,364 SF
Building Class
C
Year Built/Renovated
1930/2017
Price
$525,000
Price Per SF
$384.90
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.17 AC
Zoning
GC General Commercial - GC General Commercial
Parking
13 Spaces (9.53 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | R229082 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $190,190 |
