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112 Highway 101 Depoe Bay, OR 97341

Sponsored
For Sale
$1,750,000

Live/work/play coastal gem. Rare opportunity!

Property size:
3,324 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional Depoe Bay property, located at 112 & 114 N Hwy 101, presents a unique investment opportunity. Boasting 3,324 square feet on a 4,356 square foot lot, this mixed-use building combines commercial and residential space. The ground floor currently houses a coffee/gift shop with Highway 101 frontage, offering high visibility in this popular tourist destination known for whale watching and its small harbor. Upstairs, a stunning residence features breathtaking ocean views from nearly every room, including a living room with a gas fireplace and wall of windows, a gourmet gas kitchen, and two en-suite bedrooms, each with its own sitting area. An attic/bonus room provides additional space. A 616-square-foot ocean-view studio apartment, currently under construction on the first floor, adds to the rental potential. The property includes four off-street parking spaces and a one-car garage accessible from the second-floor residence. Built in 1986, this property offers numerous possibilities, from continuing the existing retail business to exploring other commercial ventures or maximizing short-term rental income. All furnishings are negotiable. The asking price is $1,750,000. Potential buyers should verify permitted commercial uses and short-term rental regulations with the city.

Property Features for 112 Highway 101

General Information

Property type
Multifamily properties
Square Feet
3,324 SF

Building Details

Year Built
1986

Property Profile Location Intelligence

Current Use by Public Records

Residential income homes

Suggested Use

Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Depoe Bay
County
Lincoln
State
Oregon
Longitude
-124.0617423
Latitude
44.8102108

FAQs

What type of property is this?
Multifamily property - Live/work/play coastal gem. Rare opportunity!
Where is this multifamily property located?
The property is located at 112 Highway 101 Depoe Bay, OR.
What is the asking price?
The asking price for this property is $1,750,000.
More about this property
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