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Listing provided courtesy of DORE: 541-250-1065.

2600 NE Highway 101 (-2604)

Lincoln City, OR 97367
  • $1,295,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 816724
UPDATED: 83 min ago
$1,295,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,850
    SQFT
  • $336
    $/SQFT
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Listing provided courtesy of DORE: 541-250-1065. Listing information © 2024 Willamette Valley Multiple Listing Service



Description

Two large Commercial Buildings centrally located on Hwy 101 with 100 ft of Hwy frontage on almost a half acre lot. These buildings have great visibility from both south and north traffic and have plenty of paved parking on site. One building (#2604) has 3 individual units of which one is currently tenant occupied. The other building (2600) has 4 individual units. 100% occupancy as of June 1st. 2600 building is 3550 square feet2604 building is 4150 square feet + 1200 basement Tesla charging station by end of JuneFull parking lot repaving by May 21stFood truck add on potentialFully occupied as of June 1stCap rate at 8.8% self managed, or 8% with management Unit 2604-C is fully plumbed to be a dentist/medical office, or food service

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Willamette Valley MLS logo © 2024 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: 2024-06-23T22:08:52.717.
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2600 NE Highway 101 (-2604) Lincoln City, OR 97367

  • Price: $1,295,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 83 min ago
  • MLS #: 816724
0
Beds
0
Baths
0
½ Baths
0.46
Acres
3,850
SQFT
$336
$/SQFT
Neighborhood:
Os Outside 4 County Area
County:
Lincoln
Area:
Os Outside 4 County Area
Property Description
Two large Commercial Buildings centrally located on Hwy 101 with 100 ft of Hwy frontage on almost a half acre lot. These buildings have great visibility from both south and north traffic and have plenty of paved parking on site. One building (#2604) has 3 individual units of which one is currently tenant occupied. The other building (2600) has 4 individual units. 100% occupancy as of June 1st. 2600 building is 3550 square feet2604 building is 4150 square feet + 1200 basement Tesla charging station by end of JuneFull parking lot repaving by May 21stFood truck add on potentialFully occupied as of June 1stCap rate at 8.8% self managed, or 8% with management Unit 2604-C is fully plumbed to be a dentist/medical office, or food service
Exterior Features

Parking Spaces 16

Property Features

Assessments Or Liens No Cap Rate 8.9% Commercial Type Business Opportunity Expenses Actual Or Projected Projected Gross Sched Income 138000 Net Income 115240 New Construction No Possession COE Source Of Square Feet List Broker Tax Amount 15399 Tax Years 2023 Total Expenses 22760

© 2024 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2024 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: 2024-06-23T22:08:52.717.
 
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Premiere Property Group LLC
5000 Meadows Rd. Suite 150
Lake Oswego OR, 97035
Listing provided courtesy of DORE: 541-250-1065. Listing information © 2024 Willamette Valley Multiple Listing Service