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    Highway Frontage Commercial Building Title is generated by Realmo AI

    1745 SW Hwy 101, Lincoln City, OR 97367

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    Claim this Listing
    For Sale
    $1,800,000

    COMMERCIAL - Lincoln City, OR

    Property size:
    12,300 SF
    Lot size:
    0.58 Acres
    Price / SF:
    $146/SF
    Added:
    Aug 24, 2025
    Days on Market:
    310
    Last Refresh:
    Jun 29 at 5:06 pm

    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 2, Bathroom 1, Bathroom 3
    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

    We can help!

    Contact an agent
    Dennis M Regen
    Dennis M Regen

    Listing agent Dennis M Regen License #810604051

    Listing office Taylor & Taylor Realty Company 3891 NW Hwy 101, Lincoln City, OR

    Listing date Aug 24, 2025

    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.

    HighLights

    • 12,300 SF commercial building on 161 ft of Highway 101 frontage in Lincoln City
    • 2400 SF retail space designed for three users plus 9900 SF flex commercial (4,950 SF per level)
    • Two tax lots totaling just over 24,800 SF with off‑street parking
    • Metal roof, lap siding, and chain‑link fencing
    • Utilities include public water and public sewer
    • Seller leaseback offered for the 2400 SF retail space with an option for a 10‑year term

    Overview

    This commercial building is located in Lincoln City, OR, and features 12,300 square feet of space. The property has 161 feet of frontage on Highway 101, situated just south of the factory outlet stores. The building includes 2,400 square feet of retail space designed for three users, along with 9,900 square feet of flex commercial space split evenly with 4,950 square feet on each level. The property sits on two tax lots totaling over 24,800 square feet (0.58 acres), offering ample parking. The property is zoned C-2 General Commercial. The sellers have the option to lease back the 2,400 square feet of retail space for a 10-year term. Note that the business is not included in the sale, but is available for separate purchase.

    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 (±1% cap)
    NOI $149,695 @ 7.0% cap · market cap 8.32%
    Second Best
    Industrial
    $1.78M
    $1.55M – $2.07M (±1% cap)
    NOI $124,371 @ 7.0% cap · market cap 6.91%
    Theoretical Best
    Office A
    $3.21M
    $2.81M – $3.74M (±1% cap)
    NOI $224,576 @ 7.0% cap · market cap 12.48%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln City
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.014169
    Latitude
    44.955442

    FAQs

    What type of property is this?
    Mixed-use property - 12,300 SF commercial building on Highway 101 frontage.
    Where is this mixed-use property 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 on 161 ft of Highway 101 frontage in Lincoln City; 2400 SF retail space designed for three users plus 9900 SF flex commercial (4,950 SF per level); Two tax lots totaling just over 24,800 SF with off‑street parking
    More about this property
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