1301 NW 21st Street, Lincoln City, OR 97367 (MLS:19-557)

Commercial

Updated by Doretta Smith,

Property Description 

Sea Horse Oceanfront motel established in 1961 with 65 units enjoying 377′ of ocean frontage on a total of 2.88 acres on multiple tax lots, 8 parcels located in NW Lincoln City which includes hotel, lobby, breakfast room/meeting spaces, 3 single family ocean view homes across the street from the ocean, 4 cottages and an ocean front four plex. Amenities include direct beach access to miles of sandy beaches, onsite indoor swimming pool and Jacuzzi. Short distance to restaurants, factory outlet, casino. Zoning allows for future additional rooms where 4 cottages are currently located. Buyer to verify with City of Lincoln City. Shown by appointment only – Please do not disturb employees.

1301 NW 21st Street, Lincoln City, OR 97367 - Exterior - View 1 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Exterior - View 1 (1280x850)
1301 NW 21st Street, Lincoln City, OR 97367 - Exterior - View 2 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Exterior - View 4 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Exterior - View 3 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - 2 story building - View 1 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Four-plex (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Additional Buildings (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Cottage (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Additional Parking - View 1 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Additional Parking - View 2 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Spa (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Indoor Pool (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Lobby (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Room 212 - View 1 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Room 212 - View 3 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Room 212 - View 2 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Room 124 - View 2 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Room 124 - View 1 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Room 124 - View 3 (1280x850)
1301 NW 21st Street, Lincoln City, OR 97367 - Exterior - View 2 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Exterior - View 4 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Exterior - View 3 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - 2 story building - View 1 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Four-plex (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Additional Buildings (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Cottage (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Additional Parking - View 1 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Additional Parking - View 2 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Spa (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Indoor Pool (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Lobby (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Room 212 - View 1 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Room 212 - View 3 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Room 212 - View 2 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Room 124 - View 2 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Room 124 - View 1 (1280x850)1301 NW 21st Street, Lincoln City, OR 97367 - Room 124 - View 3 (1280x850)
  • Status Active 
  • City Lincoln City 
  • County Lincoln 
  • State Oregon 
  • Major Area LCGB - Lincoln City UGB 
  • Area NLNW - Lincoln City NW 
  • Subdivision Nob Hill Beach 
  • Parcel Number 071110AC-100-00 
  • U.S. Highway 101 West Side 
  • Business ABN Included 
  • Business Description Hotel/Motel 
  • Property Type Commercial 
  • Primary View Ocean 
  • Bedrooms 69 
  • Bathrooms 67 
  • Ceiling Flat 
  • Flooring Carpet, Other, Tile 
  • Alternate Heat Fireplace, Gas Fireplace 
  • Water Heater Gas 
  • Garage Type Attached 
  • Garage Stalls
  • Street Surface Paved 
  • Roof Composition 
  • Siding Concrete Composite, Lap, Rock 
  • Foundation Block/Pier, Continuous Concrete, Post/Slab 
  • Outbuildings Shop 
  • Total Square Feet 37,037 
  • Year Built 1972 
  • Lot Acres 2.88 
  • Lot Size 125,452 SF 
  • Frontage Ocean 
  • Zoning OF - Ocean Front (Oceanlake) 
  • Water City Property 
  • Sewer City Property 
  • Electric On Property 
  • Gas On Property 
  • Bank/Lender Owned No 
  • Seller's Terms Cash, Conventional Financing 
  • Price $9,000,000 
  • Taxes $74,659 
  • Tax Year 2019 
  • MLS Number 19-557 
  • Phone Number (541) 961-6688 
  • Directions Highway 101 to NW 21st to property. 
  • Cross Street NW Harbor Avenue 

Taylor & Taylor Realty Company is the listing office. Call Doretta Smith at (541) 961-6688 to see this property or obtain more information.