Lincoln City, OR 97367,1330 NE Hwy 101
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Lincoln City, OR 97367,1330 NE Hwy 101
Lincoln City, OR 97367,1330 NE Hwy 101
Lincoln City, OR 97367,1330 NE Hwy 101
Lincoln City, OR 97367,1330 NE Hwy 101
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James Hauge

James Hauge

Legacy Real Estate

+1(503) 877-2101
$ 1,425,000
Est. payment /mo
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Active

1330 NE Hwy 101 Lincoln City, OR 97367

2 Baths

2,524 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,524 sqft

Price per Sqft $564

Subdivision Raymond Townsite

MLS Listing ID 25-1699

HOA Y/N No

Year Built 1950

Annual Tax Amount $4,838

Tax Year 2024

Lot Size 6,534 Sqft

Acres 6534.0

Lot Dimensions 50x147

Property Sub-Type Commercial

Source Oregon Coast Multiple Listing Service

Property Description

A rare opportunity to acquire a fully operational & successful restaurant/lounge business along with the real estate in one of Lincoln City's most central and high-traffic locations. ''The Grill 1646'' occupies a newly remodeled 2,524 sq ft facility w/both indoor & outdoor seating, as well as on-site and off-site parking.
The sale includes all equipment, furnishings & inventory valued at approx 175,000K, including a comm-grade hood system valued at 85,000K. 7 days of operating supplies (excluding alcohol), valued at 12,000K, will also be included. 2 comm dishwashers on site—1 leased and excluded from the sale, 2nd unit is owned and included. The sale is subject to an ingress/egress easement with the adjacent property to to the North for shared parking to be completed prior to closing. Seller is offering 90 days of training and operational coaching to ensure a smooth transition. Financials available to qualified buyers with proof of funds or lender pre-qualification. Shown by appointment only.

The adjacent property is also available for purchase. Check with your agent for details.

Location

State OR

County Lincoln

Area Lincoln City

Zoning OP-MSH Main Street Highway

Direction Highway 101 North or South Bound to property.

Interior

Interior Features Vaulted Ceiling(s)

Heating Heat Pump

Furnishings Negotiable

Exterior

Utilities Available Natural Gas Available

Waterfront Description Highway

View None

Roof Type Membrane

Garage No

Building

Foundation Concrete Perimeter

Water City

Others

Tax ID 071110DC-3500-00


Lincoln County MLS Oregon / OREGON COAST MLS
Listed by Taylor & Taylor Realty Company
James Hauge

James Hauge

Principal Broker | License ID: 200107093

+1(503) 877-2101

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