925 NW HWY 101 Lincoln City, OR97367

$492,000
$37,200 annual income
8064 sq. ft
10,000 to 14,999 SqFt
Zoning: GC
1373 days on market

VestorFilter™

Price per ft²$61.01/ft²
Recent price drop$57,999
Price per acre$1.59M/ac
Time on market1373 days

Property Description

8064 sq foot huge commercial building with 50 feet of Highway 101 frontage with extra tax lot for parking included! Busy location with lots of possibilities. 5 units including the back warehouse with 3 large bays. 4 of the units have highway 101 frontage and include 2 retail stores, barber shop, and tattoo shop. Gross income is currently $37,200.00 year. Shown BY appointment ONLY! Please do not disturb tenants! One of the listing brokers is related to the sellers.

{{ compliance-logo }}Listing Provided By Taylor & Taylor Realty Co.

Financial Data

Date Sold2021-03-11
Sold Price$492,000
Price ChangeDropped $57,999 on 03/12/2021
Total $107,000 drop
Original Price$599,000
Current Price$492,000
Property Taxes$5,595

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Home Facts

StatusSold
Year Built1925
Stories1
Garage
MLS ID20663279