$698,000

PRIME HWY 101 FRONTAGE in the heart of Lincoln City and the bustling Oceanlake District. Excellent investment opportunity with this remodeled, single-level commercial property with 50 feet of HWY 101 frontage. The property consists of a 1561 S.F. building, fenced lawn courtyard (Great Outdoor Seating), storage shed, gated rear parking area and a large gravel parking lot with potential for additional development. High visibility location provides outstanding exposure, access and year-round pedestrian and car traffic. Just blocks from beach access and near established businesses, restaurants and shopping. The OP-MSH (Oceanlake Plan-Main Street Highway) zoning allows for many possibilities including but not limited to: office, service, retail, restaurant, coffee shop, wellness / yoga studio, or art gallery. The large upper parking area may also allow for an additional single-family home (buyer to verify with the City of Lincoln City), creating the potential for a long-term or nightly vacation rental. Whether you're looking to grow your business, establish a new business or invest in one of the Oregon Coast's most vibrant districts, this opportunity is not to be missed. Shown by appointment only.