Property Description
Planned multi-unit/multi-phase development. This .77 acre lot has been approved for a 31,250 sq ft commercial building with approximately 149 feet of Highway 101 frontage. Many potential uses could include hotel, retail, office, restaurant, storefront. Property is located near the new subdivision development known as ”Depoe Hills. ” Many brand new homes were built nearby with plans to develop more housing and shopping nearby. One of the members of the sellers LLC has an active real estate license in the State of Oregon.
- Status Active
- City Depoe Bay
- County Lincoln
- State Oregon
- Major Area Depoe Bay/Otter Rock
- Subdivision Whale Watch
- Parcel Number 091105BD-3700-00
- U.S. Highway 101 East Side
- Property Type Land Commercial
- Primary View Ocean
- Street Surface Paved
- Lot Acres 0.77
- Topography Level
- Frontage Highway
- Zoning C-1 Commercial
- Water On Property
- Sewer City Street
- Electric At Street
- Gas At Street
- Bank/Lender Owned No
- Seller's Terms 1031, Cash, Conventional Financing
- Price $1,200,000
- Taxes $4,159
- Tax Year 2021
- Miscellaneous Sidewalks,Sign
- MLS Number 21-581
- Phone Number (541) 961-6688
- Directions Highway 101 to Depoe Bay. Property is on the corner of NE Highway 101 and NE Lillian Lane.
- Cross Street NE Lillian Lane
Taylor & Taylor Realty Company is the listing office. Call Doretta Smith at (541) 961-6688 to see this property or obtain more information.