Retail and Flex Commercial
1745 SW Hwy 101 Lincoln City, OR 97367
1745 SW Hwy 101, Lincoln City, OR, 97367
$1,800,000
For Sale
$1,800,000
COMMERCIAL - Lincoln City, OR
Property Size12,300 SF
Lot Size0.58 Acres
Price / SF$146.34
Days on Market328
Property Features for 1745 SW Hwy 101
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-2 General Commercial
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bathroom 2
- Parking
- 17
- Parking features
- Off Street
- Security features
- Security System
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 071122AA-3600-00
- Size
- 12,300 SF
- Lot size
- 0.58 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13582
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Baseboard, Electric (Heating)
- Water source
- Public
Building Details
- Floors in Building
- 2
- Building materials
- Lap Siding
- Roof type
- Metal
Listing Agency
Taylor & Taylor Realty Company
(800) 462-0197
3891 NW Hwy 101, Lincoln City, OR
Listed by
Dennis M Regen · License #810604051
(541) 994-4169
Added: Aug 24, 2025 Checked: Jul 17 at 6:06 am
MLS# LC-104695
Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial building totals 12,300 square feet on two tax lots and includes a 2,400-square-foot retail component designed for three users, along with 9,900 square feet of flex commercial space split as 4,950 square feet on each level. The seller also plans to lease back the 2,400-square-foot retail portion under an option for a 10-year term. The business is not included in the sale, and the related business opportunity is available as a separate listing.
The property sits on 161 feet of Highway 101 frontage in Lincoln City, just south of the factory outlet stores, and provides plenty of parking to support customer and tenant access.
Zoned C-2 General Commercial, the layout supports a mixed-use setup combining dedicated retail space with flexible second-level and ground-level commercial space.
The property sits on 161 feet of Highway 101 frontage in Lincoln City, just south of the factory outlet stores, and provides plenty of parking to support customer and tenant access.
Zoned C-2 General Commercial, the layout supports a mixed-use setup combining dedicated retail space with flexible second-level and ground-level commercial space.
Key Highlights
- 12,300 SF commercial building with 161 ft of Highway 101 frontage in Lincoln City
- Includes 2,400 SF retail space designed for three users plus 9,900 SF flex commercial split 4,950 SF per level
- Plenty of off‑street parking on two tax lots totaling just over 24,800 SF
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $221.4k | $18.00 |
| − Vacancy | −$7.5k | −$0.61 |
| EGI | $213.9k | $17.39 |
| − OpEx | −$64.2k | −$5.22 |
| NOI | $149.7k | $12.17 |
12,300 SF · lease $18.00/SF/yr · vacancy 3.41% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.14M
$1.87M – $2.49M
NOI $149,695 @ 7.0% cap · market cap 8.32%
Second Best
Industrial
$1.78M
$1.55M – $2.07M
NOI $124,371 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$3.21M
$2.81M – $3.74M
NOI $224,576 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Commercial building with Highway 101 frontage, retail space for three users, and flex space on two levels.
Where is this flex space located?
The property is located at 1745 SW Hwy 101 Lincoln City, OR.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 12,300 SF commercial building with 161 ft of Highway 101 frontage in Lincoln City; Includes 2,400 SF retail space designed for three users plus 9,900 SF flex commercial split 4,950 SF per level; Plenty of off‑street parking on two tax lots totaling just over 24,800 SF
