Restaurant Property with Highway
For Sale
$1,500,000
4250 N Highway 101, Lincoln City, OR 97367
Commercial Sale, Lincoln City, OR
Property Size4,867 SF
Lot Size2.40 Acres
Price / SF$308.20
Days on Market93
Property Features for 4250 N Highway 101
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
GC - General Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Lot features
Level, Sloped
View
Forest
Directions
Property is along highway 101 at the north end of Lincoln City.
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
Listed By:
Dennis M Regen · License #810604051
(541) 994-4169
Added: Jul 6
Changed: Oct 3
Last Checked: Oct 6 at 6:06PM
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 restaurant-classified commercial property includes a 4,867-square-foot building constructed in 1938. The 2.4-acre parcel has approximately 420 feet of frontage on Highway 101. The property is currently leased, and the transaction includes the real estate only; the business and equipment are excluded.
The site is at 4250 N Highway 101 in Lincoln City, Oregon. Public water and sewer serve the property, and cable is available.
The site is at 4250 N Highway 101 in Lincoln City, Oregon. Public water and sewer serve the property, and cable is available.
Key Highlights
- 4,867‑square‑foot building constructed in 1938
- 2.4‑acre parcel with approximately 420 feet of Highway 101 frontage
- Currently leased; sale excludes the business and equipment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,619
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,012,380
$1.0M
Cap Rate 7%
$723,129
$723.1K
Cap Rate 9%
$562,433
$562.4K
Market Conditions
NOI Build-Up for 4,867 SF
Gross rent
$70.1K $14.40/SF
− Vacancy
−$2.6K −$0.53/SF
EGI
$67.5K $13.87/SF
− OpEx
−$16.9K −$3.47/SF
NOI
$50.6K $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%
$1,012,380
Cap Rate 7%
$723,129
Cap Rate 9%
$562,433
Alternative Uses
Best Use
Specialty Retail
$723.1K
$632.7K – $843.7K
NOI $50,619 @ 7.0% cap · market cap 3.37%
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 authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
130k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Groceries 34%
Shops & Services 29%
Safeway
Groceries
43,811 visits/mo
0.3 miles
McDonald's
Dining
26,171 visits/mo
0.2 miles
Circle K
Shops & Services
16,052 visits/mo
0.3 miles
Jo-Ann Fabric and Craft
Shops & Services
10,661 visits/mo
0.3 miles
Taco Bell
Dining
10,505 visits/mo
0.4 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
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Similar Off Market Nearby
- Siletz Bay Buffet — 1777 NW 44th St, Lincoln City, OR 97367
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The property is leased, and the sale covers the real estate only, excluding the operating business and its equipment.
Where is this conventional restaurant 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‑square‑foot building constructed in 1938; 2.4‑acre parcel with approximately 420 feet of Highway 101 frontage; Currently leased; sale excludes the business and equipment
