1330 Highway 101 NE Lincoln City, OR 97367
- Turn key restaurants
- 2,524 SF
- 0.15 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 1330 Highway 101 NE
- Year built
- 1950
- Construction
- WOOD
- Lot size
- 0.15 lot acres
- Property size
- 2,524 SF
- Zone code
- OP(MSH)
- Property type
- Turn key restaurants
- APN
- 07-11-10-DC-03500-00
- APU
- 071110DC0350000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $825,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $650,000
- 6.5%
- $750,000
- 7%
- $635,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $645,000
- Geo Method
- $595,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $725,000
- Retail
- $745,000
- Mixed-Use
- $695,000
- Hospitality
- $715,000
- Educational
- $780,000
- Residential Income
- $800,000
- Energy
- $755,000
- Income-Based Land
- $795,000
- Food Service
- $705,000
Location Insight
- Map
- Local Demand
- City
- Lincoln City
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.013
- Latitude
- 44.9748
- CBSA code
- 35440
- CBSA name
- NEWPORT, OR MICROPOLITAN STATISTICAL AREA
