Address
Not Disclosed, Lincoln City, OR
Price
$ 2,800,000
Property Attributes
  • ID#23218
  • TypeCommercial
  • CountyLINCOLN
  • CityLincoln City
  • AreaLincoln City
  • NeighborhoodRaymond Townsite
  • Zip97367
  • StyleLong term rental
  • Year Built1930
  • Taxes$ 5099
  • Price$ 2,800,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage2937
  • Lot Size0.23 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description

Investment Potential Awaits at the Central Oregon Coast! This boutique motel in NW Lincoln City is just half a block to the ocean! All 6 units are 1 bedroom single level units with kitchenettes. Parking lot recently re-paved. Conveniently located near beach access at NW 15th St, shopping, dining, parks, and more. Motel is currently being used for long term renters, could easily return to nightly. Shown by appointment only, please do not disturb tenants.

Price History
1/5/2024 Listed $2,800,000

General Features

Roof Composition
Water City
Zoning I-M Interior Mixed Use (Oceanlake)
Electric On Property

Interior Features

Flooring Carpet,Vinyl
Ceiling Flat

Exterior Features

Foundation Concrete Perimeter
Siding Vinyl
Garage Type None
Frontage None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 97367

Price
AVG $1.13M
$2.8M
Taxes
AVG $6,843
$5,099
Visits
AVG 88
111
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1930