Restaurant Building with
For Sale
Under Contract
$749,000
1330 NE Highway 101, Lincoln City, OR 97367
Commercial Sale, Lincoln City, OR
Property Size2,524 SF
Lot Size0.15 Acres
Price / SF$296.75
Days on Market50
Property Features for 1330 NE Highway 101
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
OP-MSH Main Street Highwa
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking
5
Parking features
Off Street
Window features
Single Pane Window(s)
Accessibility
Accessible Approach with Ramp
Appliances
Dishwasher, Dishwasher
Lot features
Level
Directions
Along Highway 101 frontage between NE 13th Street and NE 14th Street in Lincoln City.
Standard status
Active Under Contract
APN
07-11-10-DC-03500-00
Size
2,524 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5026
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Ductless (Heating), Heat Pump (Heating)
Cooling system
Ductless, Heat Pump
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Building materials
Concrete
Roof type
Membrane
Listing Agency:
Taylor & Taylor Realty Company
(800) 462-0197
Listed By:
Dennis M Regen · License #810604051
(541) 994-4169
Added: Sep 4
Changed: Oct 22
Last Checked: Oct 23 at 7:06AM
MLS# 26-2434
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.
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Investment Insights
Based on property information with market context.
This restaurant property contains approximately 2,524 square feet on a 0.15-acre parcel. The building was constructed in 1950 and received extensive remodeling in 2022–2023. Concrete construction, a membrane roof, two bathrooms, and off-street parking are among its features. Heating and cooling are provided by heat pump and ductless systems, with public water and sewer service.
The property is at 1330 NE Highway 101 in Lincoln City, with 52 feet of frontage along the highway. It lies within an Opportunity Zone. The sale is subject to a shared-parking ingress and egress easement with the property to the north, to be completed before closing.
The property is at 1330 NE Highway 101 in Lincoln City, with 52 feet of frontage along the highway. It lies within an Opportunity Zone. The sale is subject to a shared-parking ingress and egress easement with the property to the north, to be completed before closing.
Key Highlights
- Approximately 2,524 square feet on a 0.15‑acre parcel
- 52 feet of frontage on Highway 101
- Extensive remodeling completed in 2022–2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,251
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,020
$525.0K
Cap Rate 7%
$375,014
$375.0K
Cap Rate 9%
$291,678
$291.7K
Market Conditions
NOI Build-Up for 2,524 SF
Gross rent
$36.3K $14.40/SF
− Vacancy
−$1.3K −$0.53/SF
EGI
$35.0K $13.87/SF
− OpEx
−$8.8K −$3.47/SF
NOI
$26.3K $10.40/SF
Area
Lincoln County, OR
Vacancy
3.70%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,020
Cap Rate 7%
$375,014
Cap Rate 9%
$291,678
Alternative Uses
Best Use
Specialty Retail
$375.0K
$328.1K – $437.5K
NOI $26,251 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$658.3K
$576.1K – $768.1K
NOI $46,084 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
25k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 85%
Shops & Services 15%
Dutch Bros. Coffee
Dining
15,850 visits/mo
0.3 miles
Mazatlan Mexican Restaurant
Dining
5,161 visits/mo
0.3 miles
O'Reilly Auto Parts
Shops & Services
2,402 visits/mo
0.4 miles
First Interstate Bank
Shops & Services
1,355 visits/mo
0.3 miles
Demographics for 97367, OR
11,095
Population
8,138
Households
1.4
Avg Household Size
53
Median Age
29%
College-Educated
91%
High-School Grad
45.7 sq mi
ZIP Area
243
Density / Sq Mi
$58,845
Median Household Income
$37,370
Median Earnings
$1,333
Median Rent
$388,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Remodeled in 2022–2023, the building offers highway frontage and ramp access.
Where is this conventional restaurant located?
The property is located at 1330 NE Highway 101 Lincoln City, OR.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Approximately 2,524 square feet on a 0.15‑acre parcel; 52 feet of frontage on Highway 101; Extensive remodeling completed in 2022–2023
