340 SE Hwy 101, Lincoln City, OR 97367 (MLS:18-1510)

Residential Site Blt

Updated by Doretta Smith,

Property Description 

This amazing property is zoned general commercial. Currently in place is a 2240 SqFt 3 bed 1 bath long term rental. The upper level has been well maintained and rented consistently. The lower section of the residential unit is being used as a garage but has tons of potential if finished. The lot size is .47 acres and has so many possibilities. The unit has ocean views from the living room and deck. Located right in the center of town almost all amenities are within walking distance. Don’t miss your chance to pick up this great property.

340 SE Hwy 101, Lincoln City, OR 97367 - 20180605_115908340 SE Hwy 101, Lincoln City, OR 97367 - 20180605_115908
340 SE Hwy 101, Lincoln City, OR 97367 - 20180605_115959340 SE Hwy 101, Lincoln City, OR 97367 - 20180605_120137340 SE Hwy 101, Lincoln City, OR 97367 - 20180605_120206340 SE Hwy 101, Lincoln City, OR 97367 - 20180605_145155340 SE Hwy 101, Lincoln City, OR 97367 - 20180605_145244
340 SE Hwy 101, Lincoln City, OR 97367 - 20180605_115959340 SE Hwy 101, Lincoln City, OR 97367 - 20180605_120137340 SE Hwy 101, Lincoln City, OR 97367 - 20180605_120206340 SE Hwy 101, Lincoln City, OR 97367 - 20180605_145155340 SE Hwy 101, Lincoln City, OR 97367 - 20180605_145244
  • Status Active 
  • City Lincoln City 
  • County Lincoln 
  • State Oregon 
  • Major Area LCGB - Lincoln City UGB 
  • Area NLSE - Lincoln City SE 
  • Subdivision East Delake 
  • Parcel Number R184149 
  • U.S. Highway 101 East Side 
  • Property Type Residential Site Blt 
  • Style Traditional 
  • Primary View Ocean 
  • Bedrooms
  • Bathrooms
  • Basement Yes 
  • Ceiling Flat 
  • Furnished No 
  • Heating/Cooling Gas Forced Air 
  • Alternate Heat None 
  • Water Heater Gas 
  • Garage Type Attached 
  • Garage Stalls
  • Street Surface Paved 
  • Roof Composition 
  • Siding Vinyl 
  • Foundation Slab 
  • Total Square Feet 1,120 
  • Year Built 1936 
  • Lot Acres 0.47 
  • Lot Size 20,473 
  • Lot Type Irregular 
  • Frontage None 
  • Zoning General Commercial 
  • Water City Property 
  • Sewer City Property 
  • Electric On Property 
  • Gas On Property 
  • Bank/Lender Owned No 
  • Seller's Terms 1031, Cash, Conventional Financing 
  • Price $350,000 
  • Taxes $3,560 
  • Tax Year 2017 
  • MLS Number 18-1510 
  • Phone Number (541) 961-6688 
  • Directions Take SE 3rd St from Highway 101 to access the property. No parking in the bowling ally parking lot. 

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