Retail Building with Highway
4250 NE HIGHWAY 101 Lincoln City, OR 97367
4250 NE HIGHWAY 101, Lincoln City, OR, 97367
$1,500,000
For Sale
$1,500,000
Leased 4,867-square-foot retail building with approximately 420 feet of Highway 101 frontage.
Property Size4,867 SF
Price / SF$308.20
Days on Market10
Property Features for 4250 NE HIGHWAY 101
General Information
- Standard status
- Active
- Size
- 4,867 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1938
Listing Agency
TAYLOR & TAYLOR REALTY CO.
(541) 994-9111
Listed by
DENNIS REGEN · License #810604051
Source
Corcoran
Added: Jul 7 Checked: Jul 16 at 7:48 am
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.
Investment Insights
Based on property information with market context.
This leased retail building totals 4,867 square feet and is offered for sale as real estate only. The exterior features a warm, rustic coastal character with mature landscaping, and the property is positioned for visibility from Highway 101. The existing business is not included in the sale.
The site offers approximately 420 feet of Highway 101 frontage, providing strong exposure to traffic passing through Lincoln City.
The property is shown by appointment only, and tenants, employees, and business operations should not be disturbed.
The site offers approximately 420 feet of Highway 101 frontage, providing strong exposure to traffic passing through Lincoln City.
The property is shown by appointment only, and tenants, employees, and business operations should not be disturbed.
Key Highlights
- 1938‑built 4,867 sq ft commercial building in Lincoln City
- Approximately 420 ft of Highway 101 frontage for high highway visibility and exposure
- Property is currently leased, providing income‑producing potential for an investor
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
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Leased 4,867-square-foot retail building with approximately 420 feet of Highway 101 frontage.
Where is this retail space located?
The property is located at 4250 NE 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: 1938‑built 4,867 sq ft commercial building in Lincoln City; Approximately 420 ft of Highway 101 frontage for high highway visibility and exposure; Property is currently leased, providing income‑producing potential for an investor
