1330 NE Highway 101/1333 NE Keel Lincoln City, OR 97367
4 Beds
4 Baths
4,172 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,172 sqft
Price per Sqft $437
Subdivision Raymond Townsite
MLS Listing ID 25-1697
Bedrooms 4
HOA Y/N No
Year Built 1950
Annual Tax Amount $13,265
Tax Year 2025
Lot Size 10,018 Sqft
Acres 10018.8
Property Sub-Type Commercial
Source Lincoln County Board of REALTORS® MLS (OR)
Property Description
The first property features a successful turn-key restaurant/lounge business, ''The Grill 1646,'' operating from a newly remodeled 2,524 square foot facility. The restaurant includes both indoor and outdoor seating, on-site and off-site parking, and comes fully equipped with inventory, equipment, and furnishings valued at 175,000K, including an 85,000K hood system and 2 ductless heat pumps with A/C . The sale includes 7 days of operating supplies (excluding alcohol) valued at 12,000K. There are two dishwashers on site—one is leased and excluded from the sale, while the second unit is owned and will be included. Ninety days of training and operational coaching will be provided by the seller. Financials are available to qualified buyers with proof of funds or lender pre-approval. Shown by appointment only.
The adjoining property offers a partially completed 4-bedroom, 2-bathroom home with ocean views from the upper level and is zoned to allow for short-term rental use. Electrical, plumbing, and drywall work have already been completed, offering the opportunity to finish the home to your specifications. This residential structure is being sold as-is. Located within walking distance of restaurants, shopping, the beach, and the casino, this home sits in one of Lincoln City's most accessible and desirable areas.
Together, these two properties offer significant value for an investor, restaurateur, or developer seeking to capitalize on Lincoln City's thriving coastal market. Whether you're looking to own and operate a successful business, complete a short-term rental-ready home, or pursue a broader development vision, this unique package delivers flexibility and potential.
Location
State OR
County Lincoln
Area Lincoln City
Zoning OP-MSH Main Street Highway
Direction Highway 101 frontage between NE 14th St and NE 13th St.
Interior
Interior Features Beamed Ceilings, Vaulted Ceiling(s)
Heating Electric, Ductless Heat Pump
Cooling Fuel (Cool)
Flooring Other
Furnishings Negotiable
Exterior
Utilities Available Natural Gas Available
Waterfront Description Highway
View None
Roof Type Membrane,Composition
Garage Yes
Building
Foundation Concrete Perimeter
Water City
Others
Tax ID 071110DC-3500-00

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