2795 SE 23rd Drive, Lincoln City, OR 97367 (MLS # 24-161)


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PRICE $1,641,785 dsIDX morgage calculator
SIZE 13,908 sqft
LOT SIZE 2.29 ac

2.29-acre commercial building totaling approx. 13,708 SF zoned industrial. Currently rented with uses ranging from office to automotive shop, storage facility and towing yard. Property consists of an oversized shop building with 13,200 sq feet & 9 roll up doors- 4 are 14x14, 5 are 12x14. Upstairs there is 2,700 sq ft of recently remodeled space with laminate wood flooring & recessed lighting currently vacant. Current rents gross 103,800 year with 5 of 9 spaces rented. Seller states additional vacant spaces estimated potential of 104,400 per year. Detached 508 sq ft storage yard office space in addition to total square footage. Subject to lot line adjustment creating new tax lot PTN of tax lot 100. Property is also being offered separately as 3.10 acres with shop MLS 24-159, .81 acres MLS 24-160. If sold separately, must close simultaneously. Shown by appointment only, please do not disturb tenants.

DAYS ON MARKET 310 LAST UPDATED 8/1/2024
TRACT N/A YEAR BUILT 1987
COMMUNITY Lincoln City COUNTY Lincoln
STATUS Active PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Aug 1, '24 $2,017,000
Aug 1, '24 - Today $1,641,785


ADDITIONAL DETAILS
AREA Lincoln City
HEAT Forced Air
INTERIOR Vaulted Ceiling(s)
LOT 2.29 acre(s)
SUBDIVISION N/A
TAXES 7632.06
UTILITIES Natural Gas Available
VIEW DESCRIPTION None
WATER Private, Well
ZONING PI - Planned Industrial
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Taylor & Taylor Realty Company

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Data Last Updated: 12/3/24 10:00 AM PST

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