Multi-Use Retail and Storage
2728 NE HWY 101 Lincoln City, OR 97367
2728 NE HWY 101, Lincoln City, OR, 97367
$699,000
For Sale
$699,000
COMMERCIAL - Lincoln City, OR
Property Size3,648 SF
Lot Size0.20 Acres
Price / SF$191.61
Days on Market92
Property Features for 2728 NE HWY 101
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- GC - General Commercial
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 4, Bathroom 1
- Parking
- 9
- Parking features
- Open
- Standard status
- Active
- APN
- 071111BB-3601-00
- Size
- 3,648 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 4077
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Flooring type
- Laminate
- Building materials
- Shake Siding, Cedar
- Roof type
- Composition
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: Apr 17 Checked: Jul 17 at 6:06 am
MLS# 26-1009
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 fully leased, multi-purpose building is zoned GC – General Commercial and configured with three retail suites on the main highway level and eight storage units on the lower level. The property is currently grossing $48,000 per year. Businesses are not for sale, and appointments are required; please do not disturb tenants.
Located in NE Lincoln City on Highway 101, the building offers 95 feet of frontage in a centrally located, high-traffic area.
With both retail and self-storage components under one roof, the layout supports mixed-use tenancy within a single General Commercial facility.
Located in NE Lincoln City on Highway 101, the building offers 95 feet of frontage in a centrally located, high-traffic area.
With both retail and self-storage components under one roof, the layout supports mixed-use tenancy within a single General Commercial facility.
Key Highlights
- Fully leased multipurpose building zoned General Commercial
- Centrally located high‑traffic property with 95 ft of prime Highway 101 frontage in NE Lincoln City
- 3 retail suites on the main highway level
Local Financial Insights For Warehouse
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 | $54.7k | $15.00 |
| − Vacancy | −$2.0k | −$0.56 |
| EGI | $52.7k | $14.45 |
| − OpEx | −$7.9k | −$2.17 |
| NOI | $44.8k | $12.28 |
3,648 SF · lease $15.00/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$639.9K
$559.9K – $746.5K
NOI $44,791 @ 7.0% cap · market cap 6.41%
Second Best
Retail
$634.2K
$555.0K – $740.0K
NOI $44,397 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$951.5K
$832.6K – $1.11M
NOI $66,606 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - General Commercial building features three main-level retail suites and eight lower-level storage units with highway frontage.
Where is this storefront property located?
The property is located at 2728 NE HWY 101 Lincoln City, OR.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Fully leased multipurpose building zoned General Commercial; Centrally located high‑traffic property with 95 ft of prime Highway 101 frontage in NE Lincoln City; 3 retail suites on the main highway level
