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The process of buying a house is complicated, but with a good realtor the experience can be much easier. Laurie made my purchase much easier than I expected. When I had questions or concerns Laurie proved to be a real professional. She showed me houses that not only fit my price range but also fit into my list of requirements. The negotiation process proved to be complex in my case, but Laurie always had good advice. I picked up the keys to my dream house this afternoon and I couldn't be happier. rmiller1430
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$799,000 For Sale

1333 NW Hwy 101
Lincoln City, OR 97367


14,022 sq ft;
lot: 16553 sq ft
Commercial: Commercial - MLS# 18-2686
Property Photo
1/6

Description

Great Investment opportunity with high cap peak! Northwest Highway 101 Lincoln City Commercial building. 4 units + basement storage, 8564 square feet, 6 half baths and 1 full bathroom. Property boasts approximately 100 feet of Highway 101 frontage in a highly visible traffic location. Property currently brings in $99,300 gross annual rent. One of the members of OC Oceanlake 14th LLC holds an inactive Oregon real estate license. See documents for unit rent information.

Features

  • Baths: 7
  • Ceiling: Flat
  • County/Area: Lincoln County
  • Electric: On Property
  • Flooring: Carpet, Other
  • Foundation: Cont/Con
  • Frontage: Highway
  • Full Baths: 7
  • Gas: On Property
  • Gross Income: 8275.00
  • Heating: Forced Air, Gas
  • Listing Status: Active
  • Lot Description: 16, 479 Sq Ft
  • Lot Size: 0.3800
  • Major Area: LCGB - Lincoln City UGB
  • Property Type: Commercial
  • Roof: Composition
  • Sewer: City Property
  • Siding: Other, T1-11
  • Sq.Ft.: 14022
  • Street Surface: Paved
  • Sub Type: Commercial
  • Subdivision: Raymond Townsite
  • Subdivision/Neighborhood: Raymond Townsite
  • Walls: Paint
  • Water: City Property
  • Water Heater: Gas
  • Year Built: 1946
  • Zip Code: 97367
  • Zoning: MSN - Main St Hwy (Oceanlake)

Courtesy of:

  • More info
  • Dennis Regen

    Professional Profile

    • Co-Owner of Taylor & Taylor Realty Company
    • 38+ years of Real Estate experience in Lincoln City with results!
    • 20th year Legend Award for the year 2010
    • Certified Residential Specialist, CRS since 1992
    • Consistently in the Top 1% Sales Bracket of the Nation's Realtors
    • "Realtor of The Year 1997" Award Lincoln County Board of Realtors
    • In Prudential Real Estate Affiliates Top "100" Agents in the Nation in 1999, 2000, 2001, 2002, 2003, 2004, 2005, and 2006 for Residential Units and/or Commission Income
    • Member since 1987 of the National Association of Realtors,  Oregon Association of Realtors, & the Lincoln County Board of Realtors
    • Member of the Residential Sales Council since 1992
    • Trustee for the North Lincoln Hospital Foundation 1987-1993, 1998, 2002-current
    • Singly involved in more sales and listings than any other Realtor in Lincoln County!
    • Committed to clients-7 days a week "100% Service 100% Of The Time"  

    Dennis Regen, Principal Broker/Team Regen
    Phone: (541) 992-2177
    Email: teamregen@teamregen.net


  • More info

Taylor & Taylor Realty Co. | 541-994-9111 | Contact Us
3891 NW Highway 101 - Lincoln City, OR 97367
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