4787 Highway 101 SW Lincoln City, OR 97367
- Commercial real estate
- 6,346 SF
Current Use by Public Records
- Commercial real estate
Property Details for 4787 Highway 101 SW
- Year built
- 1955
- Property size
- 6,346 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 4787 SW Highway 101 in Lincoln City, Oregon, presents a unique investment opportunity. The 6,346 square foot lot, situated on a highly visible corner lot on Highway 101 within the historic Taft District, offers numerous potential uses. Built in 1955, the property encompasses a total land area of 11,325.6 square feet, providing ample space for development or expansion. The property includes existing living quarters and a garage, adding to its versatility. The asking price is $895,000. This prime location ensures high traffic visibility, making it ideal for a variety of commercial ventures. Prospective buyers are encouraged to conduct their own due diligence to explore all possible uses and development opportunities. The property's existing structures offer immediate potential, while the expansive lot size allows for significant future growth. This is a rare chance to acquire a well-positioned commercial property in a thriving Oregon coastal community. The zip code is 97367. The property is located in Lincoln County.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lincoln City
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.0175497
- Latitude
- 44.9296801
