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Property profile & analytics
OFF-MARKET Estimated value $775,000
Turn key restaurants

1330 Hwy 101 Lincoln City, OR 97367-3339

2,524 SF 0.15 ac lot Built 1950
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US71-0853662
Property summary
AI-generated overview

This exceptional Lincoln City, Oregon business opportunity encompasses both the thriving restaurant/lounge and its accompanying real estate. Located at 1330 NE Highway 101, this 2,524 square foot establishment sits on a 6,534 square foot lot and boasts both indoor and outdoor seating areas, catering to a diverse clientele. Built in 1950, the property offers ample onsite and offsite parking, ensuring convenient access for patrons. The sale includes a comprehensive inventory valued at $12,000 (excluding alcohol), all equipment, furniture, fixtures, and equipment (FFE) valued at $175,000, and a high-value hood system worth $85,000. The seller will provide 90 days of training and coaching to ensure a smooth transition for the new owner. Financial information is available to qualified buyers upon presentation of proof of funds or a bank pre-qualification letter. A leased dishwasher is not included in the sale. The asking price for this turnkey operation is $1,500,000. Showings are by appointment only. This prime location in the heart of Lincoln City presents a unique chance to acquire a well-established and profitable business with significant growth potential. The property's size and location make it an ideal investment for an experienced restaurateur or a savvy investor seeking a high-return opportunity in a desirable coastal Oregon market.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Construction WOOD
Total area 2,524 SF
Lot 0.15 ac (6,534 SF)
Zoning code OP(MSH)
APN 07-11-10-DC-03500-00
UPID US71-0853662
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$554k
Blend (final) Blend
$775k
Owner & transaction history
3 Parleys INC · 3 yrs held
3 Parleys INC
since 2023
Last sale
$750,000
4 recorded transactions
2023
$750,000
2018
Price N/A
2011
$480,000
2008
Price N/A
Zoning & alternative use
OP(MSH) · Lincoln City, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.0M +66.5%
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