Property summary
This exceptional opportunity presents a well-established marine and dock construction business for sale in Lincoln City, Oregon. The asking price of $180,000 includes the business, its extensive inventory of tools and equipment (including a pile driver, 2008 Ford F450 truck, boat and trailer, reach-all, backhoe, and two additional trailers), and a substantial amount of materials. The business boasts an impressive client base exceeding 400 customers, many of whom are repeat clients, and holds an exclusive distributorship for Aqua Lift on Devils Lake. A significant asset is a current $6,600 annual contract with the Devils Lake Water Improvement District. The sale also offers the potential for a five-year lease on the existing 1,200 square foot shop space, featuring an office, loft storage, and restroom, at a monthly rate of $2,500 plus utilities. The property itself, built in 1972, sits on a large 102,366 square foot lot. This turnkey operation is ideally suited for a buyer seeking an established business with significant assets and a loyal customer base in a desirable coastal location. The property is zoned for traditional office use and is located at 2817 SE 23rd Drive, Lincoln City, OR 97367.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I-P;PLANNED INDUSTRIAL · Lincoln City, ORZoning
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Zoning designation
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The district profile from the municipal source: what is on file for I-P;PLANNED INDUSTRIAL in Lincoln City, OR.
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