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4756 South East Highway 101 Lincoln City, OR 97367
- Multi-family (2-4 units) / For Sale by Owner
Property Details for 4756 South East Highway 101, Lincoln City, OR 97367
Features
- Price/sqft: $299
- Lot Size: 0.38 acres
Facts
- Year Built: 01/01/1930
- Property ID: 653156340
- Property Type: Multi-family (2-4 units)
- County: LINCOLN
Description
This property is offered for sale directly by the owner. For Sale By Owner homes, also known as FSBOs, can be a good buying opportunity, because the owner will save up to 6% when there are no brokers involved in the transaction. This leaves more room for price negotiation and potential buyer savings.
This listing is NOT a foreclosure. Commercial building on Hwy 101 in the heart of ''Taft'' with retail business and 2 bedroom apt. Great visibility with access from both Hwy 101 & Inlet St. Large paved parking lot. Main level includes ''The CBD Spot turn key business w/ 1/2 bath, upper level has 2 bedroom, 1 bath apartment. Well maintained building with lots of improvements & upgrades. Great income property! Business inventory/fixtures are included. 1 electric meter, 2 separate gas meters. Laundry room upstairs is wired for 210 and gas dryer hookup.This is an amazing opportunity at this established CBD business w/$200k + annual income and a rental property (2 bedroom,1 bath apt) w/$18.000 annual income. Located at the heart of the Historic Taft area of Lincoln city the building sits on two lots totaling about 7405 sqft with lots of room to build. It is zoned for mix use so you can build commercial or residential with a chance to build multiple units. Currently 12 existing parking spaces. Lot located directly across the street from a park and directly next to a city public parking area. Short walk to Beaches, Restaurants, Shopping and Schools.Great Opportunity!!!
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