531 N Hwy 101, Depoe Bay, OR 97341 (MLS:21-1628)

Commercial

Updated by Doretta Smith,

Property Description 

Fantastic opportunity for investors/owner-users. Large Office-Retail building on ocean side of Highway 101 in Depoe Bay, a heavily traveled, popular Oregon coastal tourist destination with ocean views. Partially leased. Redevelopment opportunity. Drive-bys welcome; do not disturb tenants. Owner may participate in investor redevelopment or potential seller financing. Online FM Auction to be conducted in August 2021. .

531 N Hwy 101, Depoe Bay, OR 97341 - Front531 N Hwy 101, Depoe Bay, OR 97341 - Front
531 N Hwy 101, Depoe Bay, OR 97341 - FRONT2 web
531 N Hwy 101, Depoe Bay, OR 97341 - FRONT2 web
  • Status Active 
  • City Depoe Bay 
  • County Lincoln 
  • State Oregon 
  • Major Area Depoe Bay/Otter Rock 
  • Subdivision Sundowne 
  • Parcel Number 091105CA-5001-00 
  • U.S. Highway 101 West Side 
  • Property Type Commercial 
  • Primary View Ocean 
  • Bathrooms 12 
  • Ceiling Flat 
  • Flooring Carpet, Vinyl 
  • Water Heater Electric 
  • Garage Type None 
  • Street Surface Paved 
  • Roof Built-Up 
  • Siding Concrete Composite, Lap, Other, Vinyl 
  • Foundation Slab 
  • Total Square Feet 11,240 
  • Year Built 1978 
  • Lot Acres 0.73 
  • Frontage Highway 
  • Zoning C-1 Commercial 
  • Water City 
  • Sewer City 
  • Electric On Property 
  • Bank/Lender Owned No 
  • Seller's Terms Cash, Conventional Financing, Lease Option, Owner Will Carry, Submit 
  • Price $1,800,000 
  • Tax Year 2020 
  • MLS Number 21-1628 
  • Phone Number (541) 961-6688 
  • Directions Highway 101 to Depoe Bay; Mall 101 on W side of highway. 
  • Cross Street Vista Ave 

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