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Highway-Frontage Commercial Land
New
For Sale
$825,000

3632 NE Highway 101, Lincoln City, OR 97367

GC-zoned property includes an existing building occupied by an espresso business under lease.

Property Size336 SF
Price / SF$2,455
Days on Market5

Property Features for 3632 NE Highway 101

General Information

Standard status Active
Size 336 SF
Property subtype Commercial
Zoning GC

Taxes and HOA fees

Annual Taxes $4,574

Building Details

Building Size 336 SF
Year Built 1962
Buildings 1
Stories 1
Listing Agency: Taylor & Taylor Realty Co.
Listed By: Dennis Regen · License #810604051
Source: Duanejohnson
Added: Oct 21 Changed: Oct 25 Last Checked: Oct 23 at 12:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Taylor & Taylor Realty Co.

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Investment Insights

Based on property information with market context.

This GC-zoned commercial land offering comprises six lots along Highway 101 and one additional tax lot, with approximately 300 feet of highway frontage. An existing building on the property is leased to an espresso business; it was built in 1962. The tenant pays for sewer, water, electricity, and garbage service.

The property is at the north end of Lincoln City, near Chinook Winds Casino, McDonald's, Walgreens, and Pig & Pancake. All lots are to close at the same time.

Key Highlights

  • Approximately 300' of frontage on Highway 101
  • Six Highway 101 lots plus one additional tax lot; all lots close simultaneously
  • Existing building dates to 1962 and is leased to an espresso business

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Bakery HVAC Service Big Box & Wholesale Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby
145k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 42% Groceries 30% Shops & Services 26% Hotels & Casinos 1%
Safeway Groceries
43,811 visits/mo 0.2 miles
McDonald's Dining
26,171 visits/mo 0.1 miles
Circle K Shops & Services
16,052 visits/mo 0.1 miles
Starbucks Dining
13,086 visits/mo 0.4 miles
Jo-Ann Fabric and Craft Shops & Services
10,661 visits/mo 0.2 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
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - GC-zoned property includes an existing building occupied by an espresso business under lease.
Where is this commercial land located?
The property is located at 3632 NE Highway 101 Lincoln City, OR.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Approximately 300' of frontage on Highway 101; Six Highway 101 lots plus one additional tax lot; all lots close simultaneously; Existing building dates to 1962 and is leased to an espresso business
More about this property
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