Retail Building with Highway
4250 N Highway 101 Lincoln City, OR 97367
4250 N Highway 101, Lincoln City, OR, 97367
$1,500,000
For Sale
$1,500,000
COMMERCIAL - Lincoln City, OR
Property Size4,867 SF
Lot Size2.40 Acres
Price / SF$308.20
Days on Market12
Property Features for 4250 N Highway 101
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- GC - General Commercial
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Standard status
- Active
- APN
- 071102B-700-00
- Size
- 4,867 SF
- Lot size
- 2.40 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 8199
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1938
- Floors in Building
- 2
- Flooring type
- Tile
- Building materials
- Shake Siding, Wood 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: Jul 6 Checked: Jul 17 at 6:06 am
MLS# 26-1866
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 for-sale retail building is designed for ongoing commercial use and features a warm, rustic exterior with mature landscaping. It is being sold as real estate only, with the existing business not included in the sale. The property is currently leased, offering an income-producing setup for an investor or future owner-operator.
Situated on N Highway 101 in Lincoln City, the site is positioned for visibility to both local traffic and coastal visitors, supported by approximately 420 feet of Highway 101 frontage. Zoning is GC - General Commercial, and the location is described as easy to recognize from the highway with consistent traffic flow. The property sits on a larger land parcel of 2.4 acres, and it is shown by appointment only.
For tenants and owners seeking a highway-oriented retail presence, the combination of substantial frontage, commercial zoning, and an already-leased configuration can simplify near-term operations and planning. If you’re evaluating a retail investment or a future owner-user transition, the current lease status and the real estate-only sale terms are key considerations. Please do not disturb tenants, employees, or business operations during showings.
Situated on N Highway 101 in Lincoln City, the site is positioned for visibility to both local traffic and coastal visitors, supported by approximately 420 feet of Highway 101 frontage. Zoning is GC - General Commercial, and the location is described as easy to recognize from the highway with consistent traffic flow. The property sits on a larger land parcel of 2.4 acres, and it is shown by appointment only.
For tenants and owners seeking a highway-oriented retail presence, the combination of substantial frontage, commercial zoning, and an already-leased configuration can simplify near-term operations and planning. If you’re evaluating a retail investment or a future owner-user transition, the current lease status and the real estate-only sale terms are key considerations. Please do not disturb tenants, employees, or business operations during showings.
Key Highlights
- 4,867 SF commercial building with approx. 420 ft of Highway 101 frontage in Lincoln City
- Currently leased—income‑producing opportunity (real estate only; existing business not included)
- Built in 1938 with shake, wood, and cedar exterior materials
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 | $87.6k | $18.00 |
| − Vacancy | −$3.0k | −$0.61 |
| EGI | $84.6k | $17.39 |
| − OpEx | −$25.4k | −$5.22 |
| NOI | $59.2k | $12.17 |
4,867 SF · lease $18.00/SF/yr · vacancy 3.41% · expense 30.00%
Alternative Uses
Best Use
Retail
$846.2K
$740.4K – $987.2K
NOI $59,233 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,863 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Leased retail building on Highway 101 with substantial frontage for strong highway exposure in Lincoln City.
Where is this retail space located?
The property is located at 4250 N Highway 101 Lincoln City, OR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,867 SF commercial building with approx. 420 ft of Highway 101 frontage in Lincoln City; Currently leased—income‑producing opportunity (real estate only; existing business not included); Built in 1938 with shake, wood, and cedar exterior materials
