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    3128 Highway 101 NE Lincoln City, OR 97367

    Sponsored
    For Sale
    Pending
    $1,550,000

    COMMERCIAL - Lincoln City, OR

    Type:Retail
    Property size:
    15,074 SF
    Lot size:
    1.81 Acres
    Days on Market:
    9
    Last Refresh:
    Jan 6 at 2:06 pm

    Property Features for 3128 Highway 101 NE

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Pending
    Zoning
    GC - General Commercial
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    071102CC-2200-00
    Parking
    42
    Parking features
    Off Street
    Appliances
    Water Heater
    Size
    15,074 SF
    Lot size
    1.81 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1975
    Floors in Building
    1
    Flooring type
    Tile
    Roof type
    Membrane

    Taylor and Taylor Realty Co. (541) 994-9111 [email protected]

    Listing agent Amy Graham (541) 992-1050 License #200310128

    Listing date Dec 29, 2025

    Copyright © 2025 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.

    Overview

    Lincoln City Commercial Opportunity

    This commercial property in Lincoln City offers a substantial opportunity with over 15,000 square feet of commercial space and 150 feet of frontage on Highway 101. The property includes an additional 1-acre lot suitable for extra parking or further development. A new roof and gutters have been installed with a 20-year warranty. The property generates rental income, with 6,500 from a triple net lease where the tenant covers property taxes, insurance, and utilities. An additional cottage provides 850 per month in rent. Both parcels are zoned GC (General Commercial), allowing for various permitted uses such as retail, restaurants, motels and resorts, offices, and mixed-use developments. Prospective buyers should verify future uses with Lincoln City Planning. The property is sold in 'As Is' condition. Showings are by appointment only, and tenants or their employees should not be disturbed. The property is located within a federally designated Opportunity Zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Lincoln City Plaza, Coinstar Kiosk, Lighthouse Square

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln City
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.005067
    Latitude
    44.988152

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    FAQs

    What type of property is this?
    Shopping center - Highway 101 frontage, income-producing property with development potential.
    Where is this shopping center located?
    The property is located at 3128 Highway 101 NE Lincoln City, OR.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - High-traffic location with **150 feet of Highway 101 frontage**.; - Significant commercial space: Over 15,000 square feet.; - Substantial income potential: **$6,500/month rental income on a triple net lease**, plus $850/month from cottage rental.
    (541) 994-9111
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    3128 Highway 101 NE Lincoln City, OR 97367
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    Lincoln City, OR 97367
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3128 Highway 101 NE Lincoln City, OR 97367
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